Augustin Fosu

Deputy Director

Profile
Bibliography
Projects
  • Augustin Fosu
    INSTITUTE:
    UNU-WIDER
    OFFICE:
    UNU-WIDER Katajanokanlaituri 6 B FI-00160 Helsinki, Finland
    E-MAIL:
    fosu-AT-wider.unu.edu
    PHONE:
    +358-9-615 9911
    NATIONALITY:
    Ghana

    Research Interests

    debt Democracy development Development economics growth inequality political instability Poverty Priority Africa

    Education

    Ph.D., Economics, Northwestern University (USA) M.A., Economics, Northwestern University B.A., (honors: Cum Laude, Phi Beta Kappa, Distinction), Mathematics and Economics, Lawrence University (USA)

    Biographical Statement

    Augustin Fosu is Deputy Director, UN University-WIDER, Helsinki, Finland; honorary CSAE Research Associate, University of Oxford; honorary BWPI Research Associate, University of Manchester; and honorary RDRC Research Fellow, University of California-Berkeley. Previous positions include Senior Policy Advisor/Chief Economist, UN Economic Commission for Africa, and Director of Research, African Economic Research Consortium. He holds a PhD in economics from Northwestern University, USA. He has published widely, with some rankings listing him among the ‘top 500 economists’ globally. Professor Fosu is co-editor of the Journal of African Economies (Oxford) and serves on the editorial boards of several other journals, including: Feminist Economics, Journal of Development Studies, Oxford Development Studies, World Bank Economic Review, and World Development.

  • Peer-reviewed Book Chapters

    • “Explaining Four Decades of Growth in Sub-Saharan Africa,” (with E. Aryeetey) in
      McMahon, H. S. Esfahani and L. Squire, eds., Diversity in Economic Growth: Global
      Insights and Explanations, Cheltenham, UK: Edward Elgar Publishing, chapter 6, pp. 211-
      254.
    • “Poverty in Africa: An Overview,” (with G. Mwabu and E. Thorbecke), in A. Fosu, G.
      Mwabu and E. Thorbecke, eds., Poverty in Africa: Analytical and Policy Perspectives,
      Nairobi: University of Nairobi Press, 2009, pp. 1-15.
    • “Ghana’s Post-independence Economic Growth, 1960-2000” (with E. Aryeetey), in E.
      Aryeetey and R. Kanbur, editors, The Economy of Ghana: Analytical Perspectives on
      Stability, Growth and Poverty, Woodbridge, U.K.: James Currey, 2008, pp. 36-77.
    • “Anti-Growth Syndromes in Africa: A Synthesis of the Case Studies,” in Ndulu, B. et al,
      eds., The Political Economy of Economic Growth in Africa, 1960-2000, Cambridge:
      Cambridge University Press, 2008, pp. 137-172.
    • “Economic Growth in Ghana, 1960-2000” (with E. Aryeetey), in Ndulu et al, eds., The
      Political Economy of Economic Growth in Africa, 1960-2000: Country Case Studies,
      Cambridge: Cambridge University Press, 2008, pp. 289-324.
    • “Instabilities and Development in Africa,” in Senghor, J. C. and N. K. Poku, eds., Towards
      Africa’s Renewal, Aldershot, UK: Ashgate Publishing Company, 2007, pp. 209-224.
    • “Introduction: Malaria and Poverty in Africa” (with G. Mwabu), in A. Fosu and G. Mwabu,
      eds., Malaria and Poverty in Africa, Nairobi: University of Nairobi Press, 2007, 1-9.
    • “Understanding Malaria and Poverty in Africa: A Framework,” (with G. Mwabu), in A.
      Fosu and G. Mwabu, eds., Malaria and Poverty in Africa, Nairobi: University of Nairobi
      Press, 2007, 11-41.
    • “Introduction: Post-conflict Economies in Africa,” in A. K. Fosu and P. Collier, eds., Postconflict
      Economies in Africa, New York: Palgrave/Macmillan, 2005, pp. xv-xxv.
    • “Post-conflict Economies in Africa: Synthesis and Lessons,” in A. K. Fosu and P. Collier,
      eds., Post Conflict Economies in Africa, New York: Palgrave/Macmillan, 2005, pp.231-240.
    • “The Social Impact of Globalization: The Scope for National Policies,” in Marco Vivarelli
      and Eddy Lee, eds., Understanding Globalization, Employment and Poverty Reduction, ILO
      Volume, New York: Palgrave/Macmillan, 2004, pp. 327-348.
    • “International Trade and Labor Market Adjustment in Developing Countries,” in D.
      Greenaway, R. Upward and K. Wakelin, eds., Trade, Investment, Migration and Labour
      Market Adjustment, London: Palgrave/Macmillan, 2002, pp. 137-156.
    • “The Joys and Sorrows of Openness: A Review Essay – Comment,” in M.S. Osterbaan et al.,
      Economic Growth and Its Determinants, London: Kluwer Academic Publishers, 2000, pp.
      68-73.
    • “Instabilities and Economic Growth in Contemporary Africa: The Role of Export Price
      Instability,” in Thomas D. Boston, ed., African-American Economic Thought, London:
      Routledge, 1997, pp. 401-409.

    Peer-reviewed Journal Articles

    • “Does Inequality Constrain Poverty Programs? Evidence from Africa,” Journal of Policy
      Modeling, 2010
    • “Inequality, Income and Poverty: Comparative Global Evidence,” Social Science Quarterly,
      91(5), December 2010
    • “The External Debt-Servicing Constraint and Public-Expenditure Composition in Sub-
      Saharan Africa,” African Development Review, 22(3), 2010, 378-393.
    • “The Effect of Income Distribution on the Ability of Growth to Reduce Poverty:
      Evidence from Rural and Urban African Economies,” American Journal of Economics
      and Sociology, vol. 69(3), July 2010, 1034-1053.
    • “Africa’s Economic Future: Learning from the Past,” CESifo Forum, 11(1), Spring 2010, pp.
      62-71.
    • “Inequality and the Impact of Growth on Poverty: Comparative Evidence for Sub-Saharan
      Africa,” Journal of Development Studies, 45(5), May 2009, 726-745.
    • “Implications of External Debt-Servicing Constraint for Public Health Expenditure in Sub-
      Saharan Africa,” Oxford Development Studies, 36(4), December 2008, 363-377.
    • “Democracy and Growth in Africa: Implications of Increasing Electoral
      Competitiveness,” Economics Letters, 100, September 2008, 442-444.
    • “Inequality and the Growth-Poverty Nexus: Specification Empirics Using African Data,” Applied
      Economics Letters, 15(7-9), June-July 2008, 563-566.
    • “Gains from Trade: Implications for Labor Market Adjustment and Poverty Reduction in Africa,”
      (with A. Mold), African Development Review, 20(1), April 2008, pp. 20-48.
    • “Fiscal Allocation for Education in Sub-Saharan Africa: Implications of the External Debt
      Service Constraint,” World Development, 35(4), April 2007, pp. 702-713.
    • “Mapping Growth into Economic Development: Has Elite Political Instability Mattered in
      Sub-Saharan Africa?” American Journal of Economics and Sociology, 63(5), November
      2004, pp. 137-156.
    • “Political Instability and Export Performance in Sub-Saharan Africa,” Journal of
      Development Studies, Vol. 39, No. 4 (April 2003), pp. 67-83.
    • “Explaining Slow Growth in Africa,” (with J-P Azam and N Ndung’u), African
      Development Review, Vol. 14, No. 2 (December 2002), pp. 177-220.
    • “Economic Volatilities and Growth in Latin America: Comparative Evidence with Sub-
      Saharan Africa on Export vs. Capital Instability,” Economia Internazionale/International
      Economics, Vol. 55, No. 1 (February 2002), pp. 1-16.
    • “Transforming Growth to Human Development in Sub-Saharan Africa: The Role of Elite
      Political Instability,” Oxford Development Studies, Vol. 30, No. 1 (February 2002), pp.9-19.
    • “Political Instability and Economic Growth: Implications of Coup Events in Sub-Saharan
      Africa,” American Journal of Economics and Sociology, Vol. 61, No. 1 (January 2002), pp.
      329-348. (Reprinted in Laurence S. Moss, ed., The New Political Economies, Oxford:
      Blackwell Publishers, 2002.)
    • “The Global Setting and African Economic Growth,” Journal of African Economies, Vol. 10,
      No. 3 (October 2001), pp. 282-310.
    • “Political Instability and Economic Growth in Developing Economies: Some Specification
      Empirics,” Economics Letters, Vol. 70, No. 2 (2001), pp. 289-294.
    • “Economic Fluctuations and Growth in Sub-Saharan Africa: The Importance of Import
      Instability,” Journal of Development Studies, Vol. 37, No. 3 (February 2001), pp. 71-84.
    • “The External Debt Burden and Economic Growth in the 1980s: Evidence from Sub-Saharan
      Africa,” Canadian Journal of Development Studies, Volume 20, No. 2 (1999), pp. 307-318.
    • “The Impact of External Debt on Economic Growth in Sub-Saharan Africa,” Journal of
      Economic Development, Vol. 21, No. 1 (1996), pp. 93-118.
    • “Primary Exports and Economic Growth in Developing Countries,” World Economy, Vol.
      19, No. 4 (July 1996), pp. 465-475.
    • “Development Level, Trade and Economic Growth: Comparative Evidence from the More
      Developed Countries,” Economia Internazionale, Vol. 49, No. 2 (1996), pp. 221-234.
    • “Kuznets’s Inverted-U Hypothesis: Comment,” Southern Economic Journal, Vol. 59, No. 3
      (January, 1993), pp. 523-527.
    • “Political Instability and Economic Growth: Evidence from Sub-Saharan Africa,” Economic
      Development and Cultural Change, Vol. 40, No. 4 (July, 1992), pp. 829-841.
    • “Effect of Export Instability on Economic Growth in Africa,” Journal of Developing Areas,
      Vol. 26, No. 3 (April 1992), pp. 323-332.
    • “Capital Instability and Economic Growth in Sub-Saharan Africa,” Journal of Development
      Studies, Vol. 28, No. 1 (October 1991), pp. 74-85.
    • “Influences of International Factors on U.S. Prices: A Theoretical and Empirical Analysis,”
      Applied Economics, Vol. 23, No. 3 (March 1991), pp. 517-524.
    • “Export Composition and the Impact of Exports on Economic Growth of Developing
      Economies,” Economics Letters, Vol. 34, No. 1 (September 1990), pp. 67-71.
    • “Exports and Economic Growth: The African Case,” World Development, Vol. 18, No. 6
      (June 1990), pp. 831-835.
    • “International Sector Prices as Signals for U.S. Price Behavior,” Journal of Economics, Vol.
      X, 1984, pp. 21-25.
    • “International Impacts on U.S. Inflation in the 1970s” (with F.R. Strobel), Eastern Economic
      Journal, Vol. IX, No. 4 (October-December 1983), pp. 323-331. (Abstract in Journal of
      Economic Literature, Vol. XXII, No. 4 (Dec. 1984), p. 1996.
      Labor Economics (Journal Articles)
    • “Labor Force Participation of Married Women: Do Regions Matter? American Economist,
      Vol. 44, No. 1, (Spring 2000), pp. 70-80.
    • “Anti-discrimination Measures of the 1960s and Occupational Mobility: Evidence for Black
      American Men,” Journal of Labor Research, Vol. 21, No. 1 (Winter 2000), pp. 169-180.
    • “Racial and Gender Differences in Unemployment in an Urban Labor Market: The Case of
      Detroit,” Review of Black Political Economy, Vol. 27, No. 3 (Winter 2000), pp. 35-47.
    • “Cost of Living and Labor Force Participation: Married Women in Urban Labor Markets,”
      Journal of Labor Research, Vol. 20, No. 2 (Spring 1999), pp. 219-232.
    • “Occupational Gains of Black Women since the 1964 Civil Rights Act: Longterm or
      Episodic?” American Economic Review, Vol. 86, No. 2 (May 1997), pp. 311-314.
    • “Labor Force Participation of Black and White Married Women: Evidence from Urban Labor
      Markets,” Review of Black Political Economy (Summer 1995), 24 (1), pp. 45-64.
    • “Occupational Mobility and Post-1964 Earnings Gains by Black Women,” American
      Economic Review, Vol. 85, No. 2 (May 1995), pp. 143-147.
    • “Do Black and White Women Hold Different Jobs in the Same Occupation? A Critical
      Analysis of the Clerical and Service Sectors,” Review of Black Political Economy, Vol. 21,
      No. 4 (Spring 1993), pp. 68-82. (Reprinted in Stewart, J. B., ed., African Americans and
      Post-industrial Labor Markets, New Brunswick, N.J. and London: Transaction, 1997, pp.
      189-203.)
    • “Nonwage Benefits as a Limited-Dependent Variable: Implications for the Impact of
      Unions,” Journal of Labor Research, Vol. 14, No. 1 (Winter 1993), pp. 29-43.
    • “Occupational Mobility of Black Women, 1958-1981: The Impact of Post-1964
      Antidiscrimination Measures,” Industrial and Labor Relations Review, Vol. 45, No. 2
      (January, 1992), pp. 281-294. (Reprinted in William Darity, Jr., ed., Economics and
      Discrimination, London: Elgar, 1995, pp. 532-545.)
    • “Labor Force Participation by Married Women: Recent Intercity Evidence,” Eastern
      Economic Journal, Vol. 16, No. 3 (July – Sept., 1990), pp. 229-238. (Abstracted, Journal of
      Economic Literature, Vol. 29, No. 2 (June 1991), p. 947)
    • “Trends in Relative Earnings Gains by Black Women: Implications for the Future,” Review
      of Black Political Economy, Vol. 17, No. 1 (Summer 1988), pp. 31-45.
    • “Price Inflation and Wage Inflation: A Cause-Effect Relationship?” (with Md. Shamsul
      Huq), Economics Letters, Vol. 27, No. 1 (1988), pp. 35-40.
    • “Explaining Post-1964 Earnings Gains by Black Women: Race or Sex?” Review of Black
      Political Economy, Vol. 15, No. 3 (Winter 1987), pp. 41-55.
    • “Unions and Fringe Benefits: Additional Evidence,” Journal of Labor Research, Vol. V, No.
      3 (Summer 1984), pp. 247-254.
    • “Impact of Unionism on Pension Fringes,” Industrial Relations, Vol. 22, No. 3 (Fall 1983),
      pp. 419-425.
    • “The Research Productivity of Black Economists: Ranking by Individuals and Doctoral Alma
      Mater – Comment,” Review of Black Political Economy, 33(3) (Winter 2006), pp. 45-49.
    • “An Evaluation of Agency Theory Influence in Pension Accounting,” (with G. Lander and
      A. Reinstein), Journal of Applied Business Research, Vol. 8, No.1 (Winter 1992), pp.13-16.
    • “Preferred Speed, Actual Speed, and Marginal Benefit of Transportation Resources,” (with
      O. Izraeli), Logistics and Transportation Review, Vol. 26, No.1 (March 1990), pp. 77-92.
    • “Institutions, Governance and Economic Development in Africa: An Overview,” (with R.
      Bates and A. Hoeffler), in Journal of African Economies, Supplement 1, 2006, 15(0), pp. 1-9.
    • “Explaining African Economic Growth: The Role of Anti-growth Syndromes,” (with S.
      O’Connell), Annual Bank Conference on Development Economics (ABCDE), (Francois
      Bourguignon and Boris Pleskovic, eds.) Washington, DC: World Bank, 2006, pp. 31-66.
    • “Growth and Poverty in Africa: An Overview,” (with A. Bigsten) in Journal of African
      Economies, Vol. 13, Supplement 1, July 2004, pp. 1-15.
    • “Public Sector Delivery: A Synthesis,” (with T. Ryan) in Journal of African Economies, Vol.
      13, Supplement 1, July 2004, pp. 137-141.
    • “Economic Reforms and Restructuring in Sub-Saharan Africa: An Overview” (with M.
      Kimenyi and N. Ndung’u) in Journal of African Economies, Vol. 12, Supplement 2,
      September 2003, pp. 1-11.
    • “Globalization: An Overview” (with D. Bevan), in Journal of African Economies, Vol. 11,
      Supplement 1, February 2003, pp. 1-13.
    • “Privatization and Corporate Governance: An Overview” (with M. Ayogu), in Journal of
      African Economies, Volume 11, Supplement 1 (February 2002), pp. 1-9.
    • “Business Environment and Investment in Africa: An Overview” (with K. Mlambo and T.
      W. Oshikoya), in Journal of African Economies, Vol. 10, Suppl. 2 (Sept. 2001), pp. 1-11.
    • “Financial and Currency Crises: An Overview” (with L. Senbet), in Journal of African
      Economies, Vol. 10, Supplement 1 (February 2001), pp. 1-15.
    • “Poverty, Inequality and Intrahousehold Allocation Issues in Sub-Saharan Africa: An
      Overview” (with G. Mwabu), in Journal of African Economies, Vol. 9, Supplement 1 (June
      2000), pp. 3-8.

    Technical Papers, Policy Briefs, etc

    • Country Role Models for Development Success: The Ghana Case
    • The External Debt-Servicing Constraint and Public Expenditure Composition: Evidence from African Economies
    • Gains from Trade: Implications for Labour Market Adjustment and Poverty Reduction in Africa
    • The Global Economic Crisis: Towards Syndrome-Free Recovery for Africa
    • The Global Financial Crisis and Development: Whither Africa?
    • Growth, Inequality, and Poverty Reduction in Developing Countries: Recent Global Evidence
    • Inequality and the Impact of Growth on Poverty: Comparative Evidence for Sub-Saharan Africa
    • Policy Responses to the Global Economic Crisis in Africa
    • Understanding the African Growth Record: the Importance of Policy Syndromes and Governance
    • “Promoting Competitiveness in Manufacturing in SSA” (with S. M. Nsouli and A.
      Varoudakis), in A. K. Fosu, S. M. Nsouli and A. Varoudakis, eds., Policies to Promote
      Competitiveness in Manufacturing in Sub-Saharan Africa, Paris: OECD, 2001, pp. 9-12.
    • “A Panoramic View of Policies for Competitiveness in Manufacturing in Sub-Saharan
      Africa,” in A. K. Fosu, S. Nsouli and A. Varoudakis, eds., Promoting Competitiveness in
      Manufacturing in Sub-Saharan Africa, Paris: OECD, 2001, pp. 129-132.

    Other Publications (Conference Proceedings, etc)

    • “External Debt Service Constraint and Government Expenditure on Education in Sub-
      Saharan Africa: Some Implications for Nigeria,” Human Resource Development in Africa:
      Selected Papers for the 2002 Annual Conference of the Nigerian Economic Society, Ibadan:
      NES Secretariat, Department of Economics, University of Ibadan, 2003, 33-49.
    • “Charting the Future of Africa: Avoiding Policy Syndromes and Improving Governance,” in
      the proceedings of UNU-UNESCO International Conference, ‘Africa and Globalization:
    • Learning from the Past, Enabling a Better Future’, 28-29 September 2009, Tokyo, Japan, pp.
      90-107 (published by UNESCO, 2009).
    • “Poverty and Development,” editorial, World Health Organization Bulletin, 85(10), October
      2007, pp 1-2.
    • “Policy Syndromes and African Economic Growth,” WIDER Angle, Helsinki: UN
      University-World Institute for Development Economic Research (WIDER), 1/2007, pp. 1-3.
    • Economic Report on Africa 2006: Capital Flows and Development Financing in Africa, UN
      Economic Commission for Africa (UNECA), Addis Ababa: UNECA, 2006 (annual UNECA
      flagship publication produced under my direct supervision).
    • Economic Report on Africa 2005: Meeting the Challenges of Unemployment and Poverty in
      Africa, UN Economic Commission for Africa (UNECA), Addis Ababa: UNECA, 2005
      (annual UNECA flagship publication produced under my direct supervision).
    • “Millennium Development Goals in Africa: Progress and Challenges,” UNECA: Addis
      Ababa, 2005 (special report produced and published under my direct supervision).
      Review of: Claude Ake, Democracy and Development in Africa, Washington, DC: Brookings
      Institution, 1996. Journal of Development Studies, Vol. 34, No. 4 (April 1998), pp. 171-172
      (also in The Annals of the American Academy of Political and Social Science, 1997).
    • Review of: Jack E. Triplet (editor), The Measurement of Labor Cost, National Bureau of
      Economic Research Conference on Research in Income and Wealth, Vol. 48, Chicago:
      University of Chicago Press, 1983 (539 pages). Journal of Labor Research, Vol. VII, No. 1
      (Winter 1986), pp. 95-98.
    • Review of: James E. Annable, Jr., Industrial Labor: The Role of Industrial Wages in Business
      Cycles and Economic Growth, Heath: Lexington Books, 1984 (256 pages). Journal of
      Economic Literature, Vol. XXII, No. 4 (December 1984), pp. 1676-1677.