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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...
The share of the least developed countries (LDCs) in global foreign investments is less than one percent. But positive developments have taken place—for example, the number of startup companies has increased. This information emerged at a forum held by the Ministry for Foreign Affairs of Finland and...
UNU-WIDER operates at the intersection of research, capacity development, and policy engagement, with a mission to improve the lives of the world’s poorest people. Each year, we publish hundreds of papers, open access books, journal articles, convene dozens of events and capacity development...
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...
At UNU-WIDER, we undertake our work explicitly within the context of an emergent strategy designed to maximize the impact of our research findings. We operate based on a theory of change that outlines how research eventually translates into improved development outcomes for the world’s most...
Blog
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...
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...
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...
Sustainable economic development hinges on the ability of firms and households to maintain growth and wellbeing. How have Tanzania’s firms and households performed in recent decades, and what policies can improve their resilience against future shocks?Firms that export are better able to sustain...
– Policy lessons for low- and middle-income countries
Despite advancements for gender equality in some spheres, labour market outcomes for women continue to be worse than for men. Gender gaps in pay, labour force participation rates, and measures of job quality are stubbornly persistent and continue to hamper women’s economic empowerment globally...
The Zambian government wants to reduce poverty by 20% by 2030. To make this happen, the government reformed their national cash transfer programmes. But what was the potential impact? In 2021, our MicroZAMOD team conducted an assessment—recommendations of which have been adopted at the highest level...
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