WIDERAngle

Expert commentary from our network

Research in focus – country profiles: Indonesia and Ecuador

by Tristan Reid
flashcom-indonesia-unsplash
Our Institute’s expansive international research contributions, consisting of over 800 WIDER Working Papers in the 2019–23 work programme, delve deep into the development challenges the world faces. In the following country profiles, we pivot our focus towards Ecuador and Indonesia, serving as examples of our unique collaborative approach to development.Utilizing our vast network of researchers, policymakers, and institutions, we not only assess pressing development issues, but actively work...

Nigeria: botched economic reforms plunge the country into crisis

by Kunal Sen, Chisom Ubabukoh
Nigeria, Africa’s largest economy, is facing an economic crisis. From a botched currency redesign to the removal of fuel subsidies and a currency float, the nation has been plunged into spiralling inflation and a currency crisis with far-reaching consequences. The question now is: how long before the inferno consumes everything?On October 26, 2022, the Central Bank of Nigeria announced a bold move – that it had redesigned the country’s highest denomination notes (₦200, ₦500 and ₦1000) and would...

Are Sovereign Wealth Funds fit for purpose in Africa?

by Tony Addison, Amir Lebdioui
Tanzanian coins. Image: Imani Nsamila / UNU-WIDER
Sovereign Wealth Funds (SWFs) have become a symbol of national success and a means for global, commercial and geopolitical influence. But how well do they contribute to national development goals? Furthermore, global decarbonization threatens the future of many fossil fuel-financed SWFs. Here, we report research evidence to assess the state of SWFs in Africa and how to maximise their impact.Sovereign Wealth Funds (SWFs)are at the core of considerable policy and academic debate. Once heralded as...

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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...

Research Brief
The prolonged effects of terrorism

Terrorist violence has a profound influence on social attitudes, including trust in governmental institutions and attitudes towards migration and civil freedoms. Acts of terrorism cause citizens to experience a complex range of negative emotions...

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Development aid cuts will hit fragile countries hard, could fuel violent conflict

Fragile and least developed countries have had their development assistance cut drastically, according to the Organisation for Economic Co-operation...

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Why are frontiers and borderlands more conflict prone—and what have institutions got to do with this?

According to a recent OECD Report, borderlands experience a greater intensity of violence, especially violence targeted against the state. While there...

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Voices from the ground – protracted displacement economies
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Many displaced people around the world are in limbo—unable to return home or go anywhere else. Our surveys show that displaced people have lived in...

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After the war – thinking about reconstruction in Ukraine
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Russia’s military involvement in Ukraine began in March 2014 with the annexation of Crimea, but it wasn’t until February 2022 that Russia shocked the...

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Four global problems that will be aggravated by the UK’s recent cuts to international aid

UK economic forecasts have improved markedly since the September 2022 mini-budget. The economic recession may now be more shallow and public borrowing...

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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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Putting it all together: Highlights from The puzzle of peace
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‘Understanding how to sustain peace means understanding conflict itself. Yet conflict and peacebuilding are often addressed separately’ – Patricia...

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Solving the puzzle of peace: Overcoming the curse of Finland
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At The puzzle of peace conference in Helsinki, Adnan Khan, Chief Economist at the UK Foreign Commonwealth and Development Office, lamented what he...

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The war in Ukraine: Civilian vulnerability, resilience, and resistance
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The current and future civilian impacts of the war in Ukraine are immense. This column argues that the levels of vulnerability and resistance of...

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