WIDERAngle

Expert commentary from our network

Securing a future for the next generations – navigating today’s global challenges

by Frederik Matthys
In an era frequently described as ‘unprecedented’, the global landscape often seems daunting. Countries classified as democracies are increasingly outnumbered by those classified as autocracies, interstate conflicts have escalated, and the multifaceted impacts of climate change—from health crises to forced displacement—continue to intensify. Meanwhile, gender inequality persists, progress in poverty and inequality reduction has stalled, or even reversed in some contexts, and multilateral co...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the world’s biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third term in office. And the polls suggest it will achieve this objective.If one was to go by economic growth figures alone, the Modi government’s performance has been impressive. When Modi came to power in 2014, economic growth was sluggish. A series of high-profile corruption...

What are foresight methods and how can they secure our common futures?

by Aicha Robei
Future tools and foresight thinking are crucial instruments to improve decision-making for a common future. As a Youth Foresight Fellow with UNICEF, I firmly believe that utilizing foresight, a sophisticated approach for anticipation and strategic planning, is essential in tackling and lessening the impacts of climate change, conflict, and inequality.Foresight allows us to think about the speculated future based on models and data to solve problems and chart a path to a prosperous and nurturing...

107 Blogpost

Blog
Time to rethink theory on the role of finance in development: The new structural financial economics framework

The primary role of finance is to serve the ‘real economy’¬—the part of the economy that produces goods and services. Yet in practice, the financial...

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Are Sovereign Wealth Funds fit for purpose in Africa?

Sovereign Wealth Funds (SWFs) have become a symbol of national success and a means for global, commercial and geopolitical influence. But how well do...

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Will a revenue boom support development in resource-rich economies?

The post-COVID-19 economic recovery and Russia’s war with Ukraine have caused some natural resource prices to reach new highs. Although forecasting...

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Is marine mining a commercial viability for developing countries?

The green energy transition is projected to cause an increase in metal demand. Will this demand lead to the opening of deep-seabed mining? As of now...

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$1 trillion in the shade: The annual profits multinational corporations shift to tax havens continues to climb and climb

About a decade ago, the world’s biggest economies agreed to crack down on multinational corporations’ abusive use of tax havens. This resulted in a 15...

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From Monterrey to Addis Ababa, and what has happened since?
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The importance of domestic revenue mobilization and taxation for sustainable development is widely acknowledged in global development discussions, but...

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Global tax reforms, net-zero, and domestic revenue: Food for thought from the DRM programme
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Domestic revenue mobilization (DRM) and taxation have gained prominence lately on the global agenda, most recently with the resolution for the United...

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Empirical research is crucial for better tax enforcement in the developing world
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I had the privilege to participate in the UNU-WIDER Winter School as one of the lecturers. In this blog, I explain my main takeaways for students and...

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Fintech and domestic savings: A perfect match coming true in sub-Saharan Africa
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Financial technology (FinTech) is a major force disrupting the structure of financial services in sub-Saharan Africa (SSA) and enabling access of...

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Sales recovered faster from the pandemic than employment: Evidence from tax administrative and survey data in Zambia

Like most other countries, the government of Zambia introduced restrictions to control COVID-19, which considerably curtailed normal economic activity...

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The 2022 energy shock
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The price and availability of energy is fundamental to the health of the global economy. The Russia–Ukraine war is intensifying an energy shock that...

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Virtuous circles and downward spirals: The power of ideas & the limits of technocracy
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What will it take to shake loose the distemper of our times, and initiate a virtuous spiral of renewal? In a recent UNU-WIDER webinar, Alan Hirsch and...

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Unlocking the mystery of domestic savings: What difference do they make?

The socioeconomic fallout from the ongoing COVID-19 pandemic has brought to the fore discussions on domestic resource mobilization (hereafter DRM)...

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Co-creation for fair and efficient taxation: Research recommendations to improve policies

How can we determine the taxation of wage earners or multinational corporations in a fair manner? Will simplifying tax administration help increase...

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Mozambique's difficult decade: Three lessons to inform next steps

At the start of the last decade, Mozambique’s prospects looked stellar. Following from the early 1990s, when peace finally arrived after a devastating...

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What does COVID-19 mean for Africa?: Challenges, but also opportunities

The COVID-19 pandemic has led to an exceptional social and economic crisis all over the world, with Africa among the hardest-hit regions. What are the...

Research Brief
Unlocking a regional plastics value chain between Mozambique and South Africa

Plastics are universal and integrated into different sectors of the economy. Industrial policy requires countries to look at moving up the value chain and producing progressively more sophisticated products to contribute to improved economic...

Research Brief
Monetary policy and firm size in South Africa

Monetary policy affects the real economy through various channels, including the interest rate, exchange rate, credit, and asset price channels. The credit channel has recently received considerable attention. Small firms are more sensitive to...

Policy Brief
Mining for change

For a growing number of countries in Africa the discovery of natural resources is a great opportunity, but one accompanied by considerable risks. There is an extensive literature linking natural resource dependence to poor economic performance. One...

Research Brief
Developing a Malawi–South Africa value chain for industrial hemp

Diversifying the agricultural production in sub-Saharan Africa is important for the combat against poverty and climate change. In Malawi there are plans for legalizing the cultivation of industrial hemp, which would at best bring possibilities for...

Research Brief
Estimating tax gaps in the non-financial sector

Many governments, particularly those in developing countries, have set an objective to improve tax revenue mobilization to offer more and better public services to their citizens. To develop effective revenue-raising strategies it is necessary to...

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Being the change you want to see
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While growing up, I was troubled by the scale of the socioeconomic gap between the haves and the have-nots in the community around me. I saw cases...

Research Brief
The impact on jobs and earnings of offshoring in South Africa

The success of an economy’s manufacturing sector is often critical to economic growth and development. As a major contributor to exports, site of innovation, adopter of international best practices, and engine of job creation, an internationally...

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Industrial policy in the 21st century: The challenge for Africa
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Why is there so little industry in Africa? Does it matter? What can be done about it? These were questions I put to Finn Tarp and Louis Kasekende...

Research Brief
Racial inequality and demographic change in South Africa

Over the past 20 years, researchers have been looking at the economic lifecycle of individuals around the world using National Transfer Accounts (NTA) data. The focus of this research has been on understanding how societies produce, consume, share...

Displaying 32 of 107 results