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Publications (18)
– Lessons from Index-Based Livestock Insurance
IN PRODUCTION: SCHEDULED FOR PUBLICATION IN JUNE 2024This study outlines the origins and evolution of an international award-winning development intervention, index-based livestock insurance (IBLI), which scaled from a small pilot project in Kenya to a design that underpins drought risk management...
– Economic Transformation in a Climate-Conscious World
The 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 shows how nations adjust to, and take advantage of...
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...
– 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...
– Structural Transformation, High Inequality and Environmental Fragility
This publication examines the process of economic development of the last 50 years or so under the neoliberal model in terms of impacts on growth, inflation, income and wealth distribution and structural change. The analysis includes a historical perspective from the nineteenth century to the...
It is arguable that the most important event in the world economy in recent decades has been the rise of China, from being on a par with sub-Sahara Africa at the start of economic reform to being an economic superpower today. That rise remains under-researched. Moreover, the great structural changes...
– Patterns, Determinants, Consequences
One of the key features of modern economic growth is the process of structural transformation, which is the movement of workers from agriculture to manufacturing and services. In this study, the author identifies different routes to structural transformation that we see in the developing world. They...
– Intergenerational Mobility, Income Inequality, and Development
In the Global South economic mobility across generations or intergenerational economic mobility is in and of itself an important topic for research with consequences for policy. It concerns the 'stickiness' or otherwise of inequality because mobility is concerned with the extent to which children's...
This study reviews what we know about parental investments and children's human capital in low-to-middle-income countries (LMICs). First, it presents definitions and a simple analytical framework. Then discusses determinants of children's human capital in the form of cognitive skills, socioemotional...
– A Retrospective in the Time of COVID-19
The pandemic of 1918–20 — commonly known as the Spanish flu — infected over a quarter of the world's population and killed over fifty million people. It is by far the greatest humanitarian disaster caused by an infectious disease in modern history. Epidemiologists and health scientists often draw on...
Research Brief
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Social insurance has not succeeded in reducing fiscal deficits and expanding coverage to more beneficiaries in Latin America Social assistance has had a greater impact on poverty and inequality than social insurance In lower-middle-income countries, social assistance programmes have not expanded as...
Research Brief
During the 1990s, inequality in Ecuador increased because of a natural disaster and deep economic and financial crisis, as well as the impact of liberalization of the trade and financial sectors on labour markets Falling income equality in Ecuador during the 2000s partly coincides with the rise to...
Research Brief
– An Empirical Analysis
Left-of-centre governments emphasized fiscally-prudent but more equitable macroeconomic, tax, social expenditure and labour policies A drop in the premium paid to skilled workers following a rapid expansion of secondary education decreased wage inequality Addressing continued inequality In recent...
Research Brief
Integration of Latin America into the international economy over the past quarter century has led to faster export growth, but not to faster GDP or productivity growth Contrary to mainstream analysis, under the current market reforms countries have underperformed as compared to the prior period of...
Research Brief
After tax reforms in the 1980s and 1990s, income inequality increased in many Latin American countries The tax reforms of the 2000s have been more equalizing in terms of income inequality: Argentina, Honduras and Nicaragua have seen the most redistribution of income Taxation remains unequalizing in...
Displaying 16 of 18 results