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POLICY PAPERS
October 24, 2023
By 2003, DFIF was one of the world’s most influential international development organizations thanks to a combination of effective political leadership, wider government backing, clear objectives supported by rigorously deployed resources, and large numbers of capable and motivated staff.
Blog Post
August 22, 2023
A recent, thought-provoking blog by our colleague, Justin Sandefur, titled “How Economists got Africa’s AIDS Epidemic Wrong”, has sparked a debate about the historical role of cost-effectiveness analysis in assessing the investments of the President's Emergency Plan for AIDS Relief (PEPFAR) and, imp...
Blog Post
June 19, 2023
When Boris Johnson announced the creation of the Foreign, Commonwealth and Development Office in September 2020, he signaled the dissolution of the Department for International Development (DFID) after nearly 25 years. In a new series, to be published over the next 18 months, we will look at the wa...
POLICY PAPERS
June 19, 2023
Looking back on the run up to the creation of DFID in 1997, those involved tend now to tell two somewhat conflicting stories: first that it was simply “in Labour’s DNA” to uplift development and give it a separate voice in government, and second that the creation of DFID was very much about the circ...
Blog Post
May 02, 2023
In an attempt to curtail corruption countries have implemented public sector reforms to increase the wages of government officials. However, the evidence on the effectiveness of such interventions on corruption is mixed. In a recent paper, we find that differences in public sector wage inequality pl...
WORKING PAPERS
May 02, 2023
Wage inequality in the public sector is an important determinant of the effectiveness of anti-corruption policies. Increasing the wages of public officials could help reduce corruption in countries with low public sector wage inequality, but in countries where public sector wages are highly unequal,...
Blog Post
April 26, 2023
The COVID-19 pandemic caused a sharp reduction of economic activity in the first months of 2020, which negatively affected the revenues, liquidity, and, potentially, the solvency of many firms. In response to this crisis, the European Central Bank (ECB) announced the Pandemic Emergency Purchase Prog...
WORKING PAPERS
April 26, 2023
This paper finds that shareholders of highly leveraged firms benefit relatively less compared to bondholders from the corporate quantitative easing (QE) announcements by the European Central Bank and the Bank of England in March 2020, as evidence of debt overhang. Firms more heavily impacted by the ...
Blog Post
April 20, 2023
Last week in DC was busy with the World Bank and IMF spring meetings, the Consortium of Universities in Global Health (CUGH) 2023 Annual Conference, and other events including the first UN-hosted Asia-Pacific Civil Registration & Vital Statistics (CRVS) Research Forum. Amidst a flurry of events on g...