NEW POLICY GUIDEBOOK: Deals and development in fragile and conflict-affected states
The guidebook is designed to help economic advisers to analyse country context and design interventions with the goal of enabling positive growth that reduces fragility.
NEW PROJECT: Institutional legacies of violent conflict
This project seeks to increase understanding among policymakers, academics and practitioners of how institutional dynamics that develop during violent conflicts shape state-building and economic development trajectories in the long run. More
How is COVID-19 changing development? A WIDER Webinar Series
Check out the upcoming WIDER Webinar Series events to hear from renowned researchers on the impact of COVID-19 on development, and the implications for the Global South. Recordings of past events available too. Click here for more details
NEW OPEN ACCESS BOOK: Inequality in the Developing World
Inequality has emerged as a key development challenge. This book contributes to this important discussion by presenting assessments of the measurement and analysis of global inequality by leading inequality scholars. Read more
Have you heard about the GGDC/UNU-WIDER Economic Transformation Database?
The new database provides crucial information on changes in the economic structure of economies across Africa, Asia, and Latin America. Preliminary findings suggest a trend reversal in many developing countries towards industrialization. Read more
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5 UNU-WIDER articles, publications, projects, experts...
Book ChapterInstitutional Analysis of Financial Market Fragmentation in Sub-Saharan Africa: A Risk-Cost Configuration Approach
From the book: Domestic Resource Mobilization and Financial DevelopmentCapital market Financial institutions Institutional economics
Working PaperInstitutional Analysis of Financial Market Fragmentation in Sub-Saharan Africa: A Risk-Cost Configuration Approach
The paper examines the source of financial market fragmentation in sub-Saharan Africa in the framework of institutional economics...Capital market Financial institutions Institutional economics
Working PaperLoan Processing Costs and Information Asymmetries-Implications for Financial Sector Development and Economic Growth
The paper presents a model in which credit-constrained firms might delay the adoption of new and more productive technologies because of the very high external financing costs they face...Banking Credit Economic development
Working PaperTransaction Cost Politics, Institutions for Commitment and Rent Seeking
In developing countries, particularly in those countries that have experienced declining growth rates, institutional failure (bad policies) is closely related to development failure and growth collapses...Decision making (Finance, Public) Game theory Transaction costs
Working PaperPolitics, Society and Financial Sector Reform in Bangladesh
This paper examines the financial sector reform experience of Bangladesh. It finds that while there have been some improvements in competition and efficiency, loan defaults still remain a significant problem...Financial institutions Corruption Nonprofit organizations