Seminar presentation – Social Spending and Aggregate Welfare in Developing and Transition Economies

On 11 September 2014, Miguel Niño Zarazua presented his recent study at the Development Economics Vice Presidency (DEC) of the World Bank, which finds strong evidence of a positive causal effect of social spending on aggregate welfare. Democratic institutions do not seem to be essential conditions for the effective allocation of public resources to improve aggregate.

Presentation slides here.