Professor Paul Mosley
Department of Economics
Emeritus Professor of Economics
+44 114 222 3397
Full contact details
Department of Economics
9 Mappin Street
Paul holds BA and PhD degrees (1968, 1980) from the University of Cambridge. He has spent most of his career in the university sector, but in his main area of specialisation, economic development, he has alternated between academic and hands-on work.
He was an economist/statistician in the Ministry of Economic Planning, Kenya, in the early 1970s, worked from 1979 to 1981 as an economic adviser at the Ministry of Overseas Development (now DFID), has done much consultancy and advisory work for DFID, the World Bank and other development organisations, co-founded a pressure group, the Independent Group on British Aid, and has been a trustee of the development NGO Action Aid.
He was lecturer, then reader, at the University of Bath from 1974 to 1985, and before coming to Sheffield in 1999 held professorships at Manchester (1986-1992) and Reading (1993-99). He has been editor of the Journal of International Development since 1989, and from 1998 until 2001 served as President of the Development Studies Association.
Paul retired from the Department of Economics in 2020 and became Emeritus Professor of Economics.
- Research interests
Paul's main research interests are in economic development, with related interests in economic history, in social policy and in the politics of economic policy-making.
A major focus of his work has always been the reduction of poverty: in 1996 he co-authored Finance Against Poverty, one of the first assessments of the effectiveness of micro-finance. Followed by Out of the Poverty Trap: Overcoming Financial Exclusion in the Inner City (Routledge, 2011) which examines the effectiveness of action against financial exclusion in Britain during the recent recession.
The Politics of Poverty Reduction (Oxford U.P., 2012), based on a recently concluded ESRC project, which examines comparatively the political factors which determine the possibilities for global poverty reduction.
Most recently, with Palgrave Macmillan (2013), a biography of the first and arguably greatest development economist, Sir Arthur Lewis (1915-1991). Fiscal Policy and the Natural Resource Curse: Escaping from the Poverty Trap will be published by Routledge in early 2017.
He is interested in supervising PhD students in any field of economic development, economic history or social policy in its relationship with financial exclusion.
- International Political Economics.. Oxford University Press (OUP).
- The political economy of progressive fiscal contracts in Africa and Latin America. Development Policy Review. View this article in WRRO
- Why has export diversification been so hard to achieve in Africa?. The World Economy, 41(4), 1025-1044. View this article in WRRO
- The African Political Business Cycle: Varieties of Experience. The Journal of Development Studies, 52(7), 917-932.
- Applying the Lewis Model in Industrialized Countries: W. Arthur Lewis and the Dual Economy of Manchester in the 1950s. The Manchester School, 84(1), 95-124. View this article in WRRO
- Fiscal Composition and Aid Effectiveness: A Political Economy Model. World Development. View this article in WRRO
- Where is the ‘Plus’ in ‘Credit-Plus’? The Case of Chiapas, Mexico. The Journal of Development Studies, 50(12), 1700-1716.
- Financial Exit Routes from the 'Poverty Trap': A Study of Four UK Cities. Urban Studies, 51(4), 744-762.
- Two Africas? Why Africa's ‘Growth Miracle’ is Barely Reducing Poverty. Brooks World Poverty Institute Working Paper(191).
- Wage arrears and protest behavior: What do we learn from russia's financial crisis. Comparative Economic Studies, 55(2), 359-379.
- The Politics of What Works for the Poor in Public Expenditure and Taxation: A Review. Effective States and Inclusive Development Research Centre (ESID) Working Paper(11).
- Introduction. Journal of International Development, 24(SUPPL. 1).
- Incentivising trust. Journal of Economic Psychology, 32(5), 890-897.
- RETRACTED ARTICLE: Trust and conditionality; Or, can the World Bank 'Leopard' change its spots?. Review of International Organizations, 6(3), 483.
- Can Micro Health Insurance Reduce Poverty? Evidence From Bangladesh. Journal of Risk and Insurance, 78(1), 57-82.
- Trust and conditionality; Or, can the World Bank 'Leopard' change its spots?. Review of International Organizations, 1-28.
- Growth and Development from an Evolutionary Perspective. J INT DEV, 22(6), 821-822.
- ‘Marvellous Intellectual Feasts’: Arthur Lewis at the London School of Economics 1933-1948.
- John C. H. Fei and Gustav Ranis. Growth and Development from an Evolutionary Perspective. (Oxford: Basil Blackwell, 1997, ISBN 978-0631218890, 480 pp).. Journal of International Development, 22(6), 821-822.
- Evaluating the Health Effects of Micro Health Insurance Placement: Evidence from Bangladesh. World Development.
- Microcredit, Labour, and Poverty Impacts in Urban Mexico.
- LIBERALISATION AND POVERTY IN AFRICA SINCE 1990-WHY IS THE OPERATION OF THE 'INVISIBLE HAND' UNEVEN?. JOURNAL OF INTERNATIONAL DEVELOPMENT, 21(6), 749-756.
- Aid Volatility, Policy and Development. WORLD DEV, 36(10), 2082-2102.
- Introduction: The Volatility of Overseas Aid. WORLD DEV, 36(10), 2045-2047.
- Wider Impacts of Microcredit: Evidence from Labor and Human Capital in Urban Mexico.
- The macroeconomic impact of aid volatility. ECON LETT, 99(3), 486-489.
- Historical roots of poverty: A symposium. Journal of International Development, 20(8), 987-995.
- Measuring and explaining poverty in six African countries: A long-period approach. Journal of International Development, 20(8), 1049-1079.
- Aid, agriculture and poverty in developing countries. REV DEV ECON, 11(1), 139-158.
- Capital controls re-examined: The case for 'smart' controls. WORLD ECON, 29(9), 1203-1226.
- Bolivia during the global crisis 1998-2004: Towards a 'macroeconomics of microfinance'. Journal of International Development, 18(2), 237-261.
- Aid, government expenditure, and aggregate welfare. WORLD DEV, 33(3), 355-370.
- Risk attitudes and the 'vicious circle of poverty'. European Journal of Development Research, 17(1), 59-88.
- Microfinance, the labour market and social inclusion: A tale of three cities. SOC POLICY ADMIN, 38(7), 721-743.
- Institutions and politics in a Lewis-type growth model. MANCHESTER SCHOOL, 72(6), 751-773.
- Severe Poverty and Growth: A Macro-Micro Analysis. Chronic Poverty Research Centre Working Paper(51).
- Aid, poverty reduction and the 'new conditionality'. ECON J, 114(496), F217-F243.
- Pro-poor politics and the new political economy of stabilisation. NEW POLIT ECON, 9(2), 271-295.
- The FINRURAL impact evaluation service - A cost-effectiveness analysis. Small Enterprise Development, 15(3), 18-27.
- Avoiding the elephant traps: A commentary on the international finance facility. Journal of International Development, 16(6), 879-886.
- Symposium on the international finance facility: Introduction. Journal of International Development, 16(6), 863-864.
- The social impact of microfinance. Journal of International Development, 16(3), 291-300.
- Microfinance, social capital formation and political development in Russia and eastern Europe: A pilot study of programmes in Russia, Slovakia and Romania. Journal of International Development, 16(3), 407-427.
- Working with the ultra-poor: Learning from BRAC experiences. Journal of International Development, 16(3), 387-406.
- Microfinance, labour markets and poverty in Africa: A study of six institutions. Journal of International Development, 16(3), 467-500.
- Compliance with World Bank Conditionality: Implications for the Selectivity Approach to Policy-Based Lending and the Design of Conditionality.
- Microfinance, social capital formation and political development in Russia and Eastern Europe. IDS BULL-I DEV STUD, 34(4), 115-+.
- Micro-insurance: Scope, design and assessment of wider impacts. IDS BULL-I DEV STUD, 34(4), 143-+.
- Aid, Pro-Poor Government Spending and Welfare.
- Globalisation and homebased workers in North and South. POVERTY AND SOCIAL EXCLUSION IN NORTH AND SOUTH, 175-187.
- Microfinance, poverty and social exclusion in North and South. POVERTY AND SOCIAL EXCLUSION IN NORTH AND SOUTH, 211-232.
- Priorities in development economics - Introduction. POVERTY AND SOCIAL EXCLUSION IN NORTH AND SOUTH, 1-+.
- The African green revolution as a pro-poor policy instrument. Journal of International Development, 14(6), 695-724.
- The IMF after the Asian crisis: Merits and limitations of the 'long-term development partner' role. WORLD ECON, 24(5), 597-629.
- Microfinance and poverty in Bolivia. J DEV STUD, 37(4), 101-132.
- Aid policies and growth: in search of the holy grail. Journal of International Development, 13(7), 1023-1038.
Attacking Povertyand the 'post-Washington consensus'. Journal of International Development, 13(3), 307-313.
- Insurance against poverty: The 'new generation' agricultural microinsurance schemes. Small Enterprise Development, 12(1), 51-58.
- Attacking Poverty and the 'Post-Washington consensus'. Journal of International Development, 13(3), 307-313.
- A simple technology for poverty-oriented project assessment. Impact Assessment and Project Appraisal, 19(1), 53-67.
- The electronic dissemination of policy information; experiences from the livestock-environment toolbox. Journal of International Development, 13(7), 877-891.
- Globalisation, economic policy and convergence. WORLD ECON, 23(5), 613-634.
- From project aid to programme assistance. FOREIGN AID AND DEVELOPMENT: LESSONS LEARNT AND DIRECTIONS FOR THE FUTURE, 131-153.
- Are poverty and social goals attainable in the transition region?. Development Policy Review, 18(1), 107-120.
- Recommendations on the use of micro-hydro power in rural development. Journal of International Development, 12(7), 975-983.
- Recent changes in aid technology: is the White Paper an adequate response?. Public Administration and Development, 19(1), 19-29.
- Micro-macro linkages in financial markets: the impact of financial liberalization on access to rural credit in four African countries. Journal of International Development, 11(3), 367-384.
- Questioning virtuous spirals: micro-finance and women's empowerment in Africa. Journal of International Development, 11(7), 957-984.
- Impact of technological change on income distribution and poverty in Bangladesh agriculture: an empirical analysis. Journal of International Development, 11(7), 935-955.
- The impact of agricultural policy liberalization on rural communities in Mexico. Journal of International Development, 11(7), 1029-1042.
- Legacies of apartheid: the distribution of income in South Africa. Journal of International Development, 11(7), 985-1004.
- Social protection as social risk management: conceptual underpinnings for the social protection sector strategy paper. Journal of International Development, 11(7), 1005-1027.
- A model of social capital and access to productive resources. Journal of International Development, 11(7), 921-934.
- Microenterprise finance: Is there a conflict between growth and poverty alleviation?. World Development, 26(5), 783-790.
- A campaigning group's perspective on the 1997 White Paper on International Development. Journal of International Development, 10(2), 215-218.
- EDITORIAL. Journal of International Development, 9(4), 435-435.
- The World Bank, “Global Keynesianism” and the distribution of the gains from growth. World Development, 25(11), 1949-1956.
- The Failure of Aid and Adjustment Policies in Sub-Saharan Africa: Counter-examples and Policy Proposals. Journal of African Economies, 5(3), 406-443.
- Adjustment and equity in Chile - Meller,P. ECONOMIC JOURNAL, 106(434), 246-248.
- Adjustment and equity in Morocco - Morrisson,C. ECONOMIC JOURNAL, 106(434), 246-248.
- Adjustment and equity in Ghana - Roe,A, Schneider,H. ECONOMIC JOURNAL, 106(434), 246-248.
- Adjustment and equity in Malaysia - Demery,D, Demery,L. ECONOMIC JOURNAL, 106(434), 246-248.
- Adjustment and equity in Indonesia - Thorbecke,E. ECONOMIC JOURNAL, 106(434), 246-248.
- Adjustment and equity in Cote D'Ivoire - Schneider,H. ECONOMIC JOURNAL, 106(434), 246-248.
- Adjustment and equity in developing countries: A new approach - Bourguignon,F, Morrisson,C. ECONOMIC JOURNAL, 106(434), 246-248.
- Adjustment and equity in Ecuador - DeJanvry,A, Sadoulet,E, Fargeix,A. ECONOMIC JOURNAL, 106(434), 246-248.
- Assessing adjustment in Africa. World Development, 23(9), 1459-1473.
- Can crop insurance work? The case of India. Journal of Development Studies, 31(3), 428-450.
- Development economics and the underdevelopment of sub-Saharan Africa. Journal of International Development, 7(5), 685-706.
- Has recovery begun? “Africa's adjustment in the 1980s” revisited. World Development, 21(10), 1583-1606.
- A THEORY OF CONDITIONALITY. DEVELOPMENT FINANCE AND POLICY REFORM, 129-153.
- POLICY-MAKING WITHOUT FACTS: A NOTE ON THE ASSESSMENT OF STRUCTURAL ADJUSTMENT POLICIES IN NIGERIA, 1985–1990. African Affairs, 91(363), 227-240.
- Aid, the public sector and the market in less developed countries: A return to the scene of the crime. Journal of International Development, 4(2), 139-150.
- Review article: In defence of development banking. Journal of International Development, 2(3), 399-403.
- Aid, the Public Sector and the Market in Less Developed Countries: A Reply. The Economic Journal, 100(399), 224-224.
- Review article: Effective stabilisation policy in less developed countries. Journal of International Development, 1(2), 273-280.
- Structural adjustment and agricultural performance in Sub-Saharan Africa 1980-87. Journal of International Development, 1(3), 321-355.
- On the valuation of ‘external effects’ in project appraisal. Project Appraisal, 4(3), 143-150.
- Crop and livestock insurance schemes in less developed countries: some issues of design. Savings & Development, 13(1), 5-21.
- PIONEERS IN DEVELOPMENT (2ND SERIES) - MEIER,GM. JOURNAL OF DEVELOPMENT STUDIES, 24(4), 224-225.
- Food Aid: The Challenge and the Opportunity.. The Economic Journal, 98(391), 562-562.
- Aid, the Public Sector and the Market in Less Developed Countries. The Economic Journal, 97(387), 616-616.
- PLANNING AND EVALUATION IN AID ORGANIZATIONS - FORSS,K. JOURNAL OF DEVELOPMENT STUDIES, 23(4), 562-562.
- Credit for the rural poor: a comparison of policy experiments in Nepal and Bangladesh.. Manchester Papers on Development - Manchester University, Department of Administrative Studies, 3(2), 45-59.
- Agricultural Performance in Kenya since 1970: Has the World Bank Got it Right?. Development and Change, 17(3), 513-530.
- Aid-effectiveness: The Micro-Macro Paradox. IDS Bulletin, 17(2), 22-27.
- PRIVATE VOLUNTARY ORGANIZATIONS AS AGENTS OF DEVELOPMENT - GORMAN,RF. JOURNAL OF DEVELOPMENT STUDIES, 22(2), 471-472.
- THE POLITICS OF ECONOMIC LIBERALIZATION: USAID AND THE WORLD BANK IN KENYA, 1980-84. African Affairs, 85(338), 107-119.
- Risk, insurance and small farm credit in developing countries: A policy proposal. Public Administration and Development, 6(3), 309-319.
- Lending to the Poorest: Early Lessons from the Small Farmers' Development Programme, Nepal. Development Policy Review, 3(2), 193-207.
- When is a Policy Instrument not an Instrument? Fiscal Marksmanship in Britain, 1951–84. Journal of Public Policy, 5(1), 69-85.
- The Political Economy of Foreign Aid: A Model of the Market for a Public Good. Economic Development and Cultural Change, 33(2), 373-393.
- TOWARDS A PREDICTIVE MODEL OF OVERSEAS AID EXPENDITURES. Scottish Journal of Political Economy, 32(1), 1-19.
- Achievements and contradictions of the Peruvian agrarian reform: A regional perspective. The Journal of Development Studies, 21(3), 440-448.
- ‘Popularity Functions’ and the Role of the Media: A Pilot Study of the Popular Press. British Journal of Political Science, 14(1), 117-129.
- Political Economics.. The Economic Journal, 94(375), 667-667.
- THE MILITARY STATE IN LATIN-AMERICA - FRENCH - ROUQUIE,A. POLITICAL STUDIES, 32(1), 142-142.
- Book reviews. The Journal of Development Studies, 21(1), 134-162.
- ANALYSIS OF PROJECT FINANCE IN DEVELOPING-COUNTRIES - HARVEY,C. JOURNAL OF DEVELOPMENT STUDIES, 20(2), 281-281.
- Agricultural Development and Government Policy: A Reply. The Economic History Review, 37(3), 414-416.
- Endogenous government policy in a model of the UK economy. Applied Economics, 16(5), 633-645.
- The Politics of Evaluation: A Comparative Study of World Bank and Ukoda Evaluation Procedures. Development and Change, 14(4), 593-608.
- The Quality of Overseas Aid. Development Policy Review, A15(2), 46-56.
- AID AND INFLUENCE - THE CASE OF BANGLADESH - FAALAND,J. JOURNAL OF DEVELOPMENT STUDIES, 18(2), 277-278.
- Agricultural Development and Government Policy in Settler Economies: The Case of Kenya and Southern Rhodesia, 1900–60. The Economic History Review, 35(3), 390-408.
- Aid as obstacle. Food Policy, 6(3), 211-211.
- Models of the Aid Allocation Process: A Comment on McKinlay and Little. Political Studies, 29(2), 245-253.
- Aid for the poorest: Some early lessons of UK experience. The Journal of Development Studies, 17(2), 214-225.
- The Treasury Committee and the Making of Economic Policy. The Political Quarterly, 52(3), 348-355.
- Fred Hirsch and John Goldthorpe (eds), The Political Economy of Inflation, Martin Robertson, Oxford, 1978. xi+307 pp. £8.95, paper £3.95.. Journal of Social Policy, 8(4), 566-567.
- Reply to Robson and Landell-Mills. World Development, 7(1), 87-88.
- MACROECONOMIC POLICY IN THEORY AND PRACTICE - BROOKS,J, EVANS,RW. JOURNAL OF ECONOMIC STUDIES, 6(2), 247-248.
- IMPLICIT MODELS AND POLICY RECOMMENDATIONS - POLICY TOWARDS INFORMAL SECTOR IN KENYA. IDS BULLETIN-INSTITUTE OF DEVELOPMENT STUDIES, 9(3), 3-10.
- The Southern African customs union: A reappraisal. World Development, 6(1), 31-43.
- Images of the ‘Floating Voter’: Or, the ‘Political Business Cycle’ Revisited. Political Studies, 26(3), 375-394.
- Chibaro: African mine labour in Southern Rhodesia, 1900–1933 by Charles Van Onselen London, Pluto Press, 1976. Pp. 326. £7.50. - Contract Workers and Underdevelopment in Rhodesia by Duncan G. Clarke Gwelo, Mambo Press, 1974. Pp. 132. R$1.40. - Domestic Workers in Rhodesia: the economics of masters and servants by Duncan G. Clarke Gwelo, Mambo Press, 1974. Pp. 88. R$1.00.. The Journal of Modern African Studies, 15(2), 328-330.
- History of East Africa, Vol. III edited by D. A. Low and Alison Smith Oxford, Clarendon Press, 1976. Pp. xiv + 691. £14.50.. The Journal of Modern African Studies, 15(3), 517-519.
- Economic Integration: the East African experience by Arthur Hazlewood London, Heinemann, 1975. Pp. xii + 180. £5.00. £2.80 paperback. - Economic Integration and Industrial Location: an East African case study by F. I. Nixson London, Longman, 1973. Pp. viii + 181. £2.50 paperback.. The Journal of Modern African Studies, 14(2), 356-357.
- Industrial Decentralisation in South Africa by Trevor Bell London and Cape Town, Oxford University Press, 1973. Pp. xv + 304. £6.50. - Industries in the Southern African Periphery: a study of industrial development in Botswana, Lesotho and Swaziland by Percy Selwyn London, Croom Helm, in association with the Institute of Development Studies, Sussex, 1975. Pp. 156. £6.95. - Industrial Diversification in Zambia by A. Young New York and London, Praeger, 1973. Pp. 328. £10.20. - Underdevelopment and Industrialisation in Tanzania by Justinian F. Rweyemamu London and Nairobi, Oxford University Press, 1973. Pp. 273. £5.00 paperback.. The Journal of Modern African Studies, 14(3), 543-546.
- Towards a "Satisficing" Theory of Economic Policy. The Economic Journal, 86(341), 59-59.
- INTRODUCTION TO MATHEMATICAL ECONOMICS - CASSON,M. JOURNAL OF ECONOMIC STUDIES, 1(1), 71-72.
- ECONOMICS OF COLONIALISM (1870-1939). JOURNAL OF ECONOMIC STUDIES, 1(2), 150-161.
- Can Micro Health Insurance Improve the Health of Microcredit Members? Evidence from Bangladesh. World Development, 399-411.
- View this article in WRRO The African Political Business Cycle: Varieties of Experience. Journal of Development Studies.