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Publications (169)
– 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 sector often excessively indulges in speculative activities rather than performing its main functions, such as channeling saving for productive...
– Economic Transformation in a Climate-Conscious World
IN PRODUCTION | SCHEDULED FOR PUBLICATION APRIL 2024The pathways to economic development are changing. Environmental sustainability is no longer a choice but a necessity to maintain a competitive edge in the global economy. Just like in nature, where survival hinges on adaptation, this publication...
Working Paper
pdf
– Re-thinking the use of unit values or community prices
Analysis of household food consumption patterns and welfare requires knowledge of household demand responses to changes in price and income. Estimation of the price and expenditure elasticities requires detailed data on household purchases and prices, which are often not available in many developing...
In our book, we examine Chile's economic, social, and development policies over the past six decades. The focal point is the enduring influence of the neoliberal model—a model that took root in the mid-1970s under authoritarian conditions and persisted through democratic governments, albeit with...
Working Paper
pdf
– Evidence and policy discussion
Offshore tax havens cause large losses of government revenue by facilitating tax evasion by wealthy individuals. This paper focuses on offshore tax evasion in developing countries and documents two empirical regularities. First, there is no clear development gradient in the exposure to offshore tax...
The focus of this study is the idea that choice is hierarchical so that there exists an order of acquisition of durable goods and assets as real incomes increase. Two main approaches to deriving such an order are presented, the so-called Paroush approach and Item Response Theory. An empirical...
– A Framework for Rethinking the Role of Finance in Serving the Real Economy
The study proposes an alternative framework for rethinking the role of finance in serving the real economy from the perspective of New Structural Financial Economics. It challenges conventional wisdom that developing countries should take the financial structure of developed countries as the...
Working Paper
pdf
– Evidence from Rwanda
In this study, we explore the impact of a smart classroom (SCM) programme on student performance in science subjects in a high-stakes national exam for middle-high school students in Rwanda. To do this, we leverage plausibly exogenous variations in programme exposure induced by the staggered...
– Interrogating the Present as History
This study highlights the monopolization and exclusion from high-value knowledge in analysing divergent and, recently, partially convergent income trends across 200-odd years of the global capitalist economy. A southern lens interrogates this history, in the process showing how developing command...
Donors increasingly speak of locally led aid response, but often do not walk the walk. Case in point is the United States Agency for International Development (USAID), the humanitarian and development agency of the largest donor country in the world. In late 2021, USAID set a target that 25% of its...
Book Chapter
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
From the book:
Chilean Economic Development under Neoliberalism
Book Chapter
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
From the book:
Chilean Economic Development under Neoliberalism
Book Chapter
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
From the book:
Chilean Economic Development under Neoliberalism
Book Chapter
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
From the book:
Chilean Economic Development under Neoliberalism
Book Chapter
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
From the book:
Chilean Economic Development under Neoliberalism
Book Chapter
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– Chilean economic development under neoliberalism
From the book:
Chilean Economic Development under Neoliberalism
Displaying 16 of 169 results