1. Pedro Martins
Research Fellow
Overseas Development Institute
203 Blackfriars Road, London, SE1 8NJ, UK
Tel: +44(0)20 7922 0411
Fax: +44(0)20 7922 0399
Nationality: Portuguese
Email: p.martins@odi.org.uk
KEY EXPERIENCE
Thematic Expertise: Inclusive growth, employment, development finance, MDGs, Post-2015
Country Experience: Angola, Cape Verde, Ethiopia, Mozambique, Zambia
QUALIFICATIONS
2010
PhD Economics
Institute of Development Studies, University of Sussex, UK
Thesis: The Macroeconomic Management of Foreign Aid Flows in Africa
2002
MA Development Economics
University of Sussex, UK
CAREER
2011 –
Research Fellow – Growth, Poverty and Inequality, ODI, UK
2006 – 2011
International Development Consultant
2005 – 2006
Economist – United Nations Development Programme, Mozambique
2004
Development Finance and Trade Researcher – CAFOD, UK
2003 – 2004
Junior Economist – European Commission (AIDCO), Belgium
2003
Research Fellow – University of Sussex, UK
SELECTED PROJECTS
 European Commission (EC)
Co-leading the production of the European Report on Development 2013 on the Post-2015
Agenda. This involves planning and coordinating the work of a large team of researchers drawn
from the Overseas Development Institute (ODI), the European Centre for Development Policy
Management (ECDPM), and the German Development Institute (DIE-GDI).
 World Bank
Prepared a background paper for the World Development Report 2013 on Jobs. The paper
investigated the growth-employment-poverty nexus in four fast-growing African countries:

2. Ethiopia, Ghana, Mozambique, and Tanzania. The paper highlighted some factors and policies that
may explain the different trends observed in employment and poverty outcomes.
 Department for International Development (DFID)
Produced a paper that indentifies key international policy reforms – in the context of a Post-2015
development framework – with a view to promote inclusive growth patterns in developing
countries. The paper focuses on three key policy areas: macroeconomic coordination,
development finance, and international trade.
 Asian Development Bank (ADB)
Produced an overview paper on the social inclusiveness of economic growth in Asian middleincome countries. The paper investigated trends in economic growth, employment, poverty and
inequality in a sample of Asian MICs. The policy focus was on labour market policies, social
protection, and social and municipal services.
 European Commission (EC)
Conducted research on the macroeconomic impact of demographic change and international
migration in developed and developing countries. Evaluated the challenges of modelling
employment in the context of the CAM model of the world economy.
 United Nations Development Programme (UNDP)
Investigated the prospects of non-traditional sources of development finance in Ethiopia.
Assessed the feasibility and resource generating potential of Diaspora bonds, South-South
cooperation, public-private partnerships, carbon finance, and tourism taxes. Examined recent
country experiences and provided concrete policy recommendations.
 United Nations Development Programme (UNDP)
Evaluated the macroeconomic management of foreign resource inflows in low-income countries
and its implications for the achievement of the MDGs. Provided a number of key policy
recommendations to improve the ‘absorption’ and ‘spending’ of these inflows.
 UN Conference on Trade and Development (UNCTAD)
Outlined the broad conceptual and analytical basis for MDG-based national development
strategies beyond 2015. Proposed an alternative strategy of economic development for the least
developed countries in order to support their human development ambitions.
 UN Economic Commission for Africa (UNECA)
Produced a background study for the Economic Report on Africa (ERA 2010). The report assessed
the implications of the global economic crisis, and explored a range of fiscal and macroeconomic
policy options to steer African countries towards faster economic growth.
 World Bank
Reviewed recent empirical evidence on the predictability and volatility of foreign aid inflows for a
World Bank-ODI project. The report provided guidance on the methodologies and research
questions to be used in the case studies.
SELECTED PUBLICATIONS
Research
Martins, P. (2013) ‘Determinants of the Real Exchange Rate in Ethiopia: Do Capital Inflows
Hinder Competitiveness?’ Applied Economics, Volume 45, Issue 8, pp. 1075-1088.
Martins, P. (2011) ‘Aid Absorption and Spending in Africa: A Panel Cointegration Approach.’
Journal of Development Studies, Volume 47, Issue 12, pp. 1925-1953.

3. Martins, P. (2010) ‘Fiscal Dynamics in Ethiopia: The Cointegrated VAR Model with
Quarterly Data.’ CREDIT Research Paper 10/05, University of Nottingham.
Winters, A. and P. Martins (2004) ‘When Comparative Advantage is Not Enough: Business
Costs in Small Remote Economies.’ World Trade Review, Volume 3, Issue 3, pp. 347-383.
Policy Reports
Martins, P. and P. Lucci (2013) ‘Recasting MDG 8: Global Policies for Inclusive Growth.’
Policy paper prepared for the Department for International Development (DFID).
Martins, P. (2012) ‘Growth, Employment and Poverty in Africa: Tales of Lions and
Cheetahs.’ Background paper prepared for the World Development Report 2013,
World Bank.
Martins, P., C. Melamed and P. Lucci (2012) ‘Securing Growth with Jobs and Reducing
Inequality.’ Paper prepared for the Commonwealth Secretariat.
Martins, P. and T. McKinley (2011) ‘Social Inclusiveness of Growth in Asia’s Middle-Income
Countries.’ Report prepared for the Asian Development Bank (ADB) and the
International Labour Organisation (ILO).
Gottschalk, R., P. Martins and T. McKinley (2011) ‘Prospects of Non-Traditional Sources of
Development Finance in Ethiopia.’ Study prepared for MoFED and UNDP Ethiopia.
Martins, P. (2010) ‘The Macroeconomic Management of Foreign Resource Inflows:
Accelerating the Achievement of the MDGs.’ UNDP Poverty Reduction Discussion Paper.
McKinley, T. and P. Martins (2010) ‘Empowering MDG Strategies Through Inclusive
Economic Development.’ Paper prepared for UNCTAD Geneva.
Martins, P., T. McKinley and J. Serieux (2009) ‘Accelerating Growth Recovery in Africa.’
Background report for the Economic Report on Africa 2010, UNECA.
Martins, P. and J. Pycroft (2009) ‘How Unpredictable Aid Influences Service Delivery:
Literature and Data Review’. Desk Study prepared for the World Bank and ODI.
Gottschalk, R. and P. Martins (2008) ‘Angola Growth Policy Study.’ Report prepared for
UNDP Angola.
Martins, P. (2006) ‘Health Sector Partners’ Performance Report (ACA V).’ Paper prepared
for the Swiss Agency for Development and Cooperation (SDC) in Mozambique.
Northover, H., M. Griffith and P. Martins (2004) ‘Justice Not Charity: Policy
Recommendations to Donors Ahead of the G8 Summit 2005,’ CIDSE Position Paper.
Policy Briefs
Martins, P. (2013) ‘Unearthing Productive Employment: A Diagnostic Tool for Sub-Saharan
Africa.’ Working Paper 1, Development Progress, ODI.
Martins, P. (2010) ‘A Post-2015 Development Agenda: What Role for ODA?’ Development
Viewpoint 54, Centre for Development Policy and Research, SOAS.
Gottschalk, R. and P. Martins (2008) ‘Angola: Transitioning from Oil-Led to Broad-Based
Growth.’ in Development Digest, T. McKinley and K. Kyrili (eds), London: CDPR, SOAS.
Martins, P. (2007) ‘The Fiscal Impact of Aid Flows: Evidence from Ethiopia.’ IPC One Pager
43, UNDP International Poverty Centre.
Winters, A. and P. Martins (2005) ‘Small Isn't Beautiful: the Cost Disadvantages of Small
Remote Economies.’ Centre Piece (LSE), 10(2):24-28.