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Publications (4601)
– 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...
– Impact, Recovery and the Future
A key challenge for the post-COVID global economy is whether the disproportionate impact of the crisis on informal workers, who form the majority of the world’s workforce, will be acknowledged. Or whether harmful and negative stereotypes will persist.Today, despite the role of these essential...
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– Indonesia and India compared
We examine the nature of labour market inequality in Indonesia and India, using a common conceptual approach drawing from the job ladder framework. In the framework, we differentiate between self-employment and wage-informal and between formal, upper tier informal, and lower tier informal jobs. We...
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This paper argues for a change in government attitudes to their extractive industries: as enclaves useful primarily as revenue sources. This is too narrow a perspective: it fails to recognize the broader economic linkages that are invariably possible. Achieving greater economic impact requires...
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This paper analyses the risks facing resource-dependent countries. These include: (i) economic mismanagement (the ‘resource curse’); (ii) political mismanagement; (iii) environmental damage (climate change and the destruction of natural capital). It distinguishes ‘risk’ (which can be addressed...
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The extractives industries are highly controversial but remain vitally important in much of the developing world. This paper considers their role in reducing energy poverty and discusses scenarios for the future of the global markets for oil, gas, and metals (emphasizing the increasing importance of...
Blog
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...
In Mozambique, analysing how and why food prices change is crucial. Understanding the dynamics of price formation is fundamental to mitigate the adverse effects of price volatility to the economy. Detailed data on the prices of key food items in Mozambique is, however, limited in both quantity...
Blog
In monetary policy communication, every word carries weight. Consider this scenario: the South African Reserve Bank (SARB) articulates its stance to anchor inflation expectations, yet this message undergoes subtle transformations when translated by the media and financial analysts. How do divergent...
Blog
Evidence from Brazil shows how affirmative action students in the higher education system adjust their behaviour to catch up with initially higher-performing privileged students.Affirmative action (AA) policies, aiming to address historical inequalities and promote social justice, have sparked...
– 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
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...
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This study examines the effect of climate on citywide labour productivity in the Accra city region. We use data from Ghana’s Integrated Business and Establishment Survey dataset, climate data at the sub-city level from Ghana Meteorological Agency, and satellite and reanalysis data, as well as key...
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Given the rise in the government debt level in recent times, this paper aims to examine the effect of an increase in government size on risk premium and its transmission in the economy. We jointly identify the term spread shock (originating at the short end and the long end) and the government size...
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Rising globalization has exerted a downward pressure on global tariffs, thereby eroding tariff revenues in developing nations. We analyse how gains from lowering import tariffs are distributed within the firm and the corresponding tax (base) implications. First, we study the effect of tariff changes...
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– 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...
Displaying 16 of 4601 results