Ideas to action: independent research for global prosperity
Does SDR Recycling Impair Reserve Management?
November 14, 2023
Improving School Management of Violence in Peru
November 22, 2023
The Emigration Life Cycle: How Development Shapes Emigration from Poor Countries
August 18, 2020
Many governments seek to reduce emigration from low-income countries by encouraging economic development there. A large literature, however, observes that average emigration rates are higher in countries with sustained increases in GDP per capita than in either chronically poor countries or establis...
Migration from Developing Countries: Selection, Income Elasticity, and Simpson’s Paradox
August 18, 2020
How does immigration affect incomes in the countries migrants go to, and how do rising incomes shape emigration from the countries they leave? The answers depend on whether people who migrate have higher or lower productivity than people who do not migrate.
The New Role of the World Bank - Working Paper 421
January 25, 2016
Many developing countries need the World Bank’s capital less and less. What role should the Bank play in the 21st century? This paper argues that many features of the Bank today reflect a new role. That role, resting on the economic theory of bargaining and public good provision, is to reduce ...
Why Don't Remittances Appear to Affect Growth? - Working Paper 366
May 19, 2014
While measured remittances by migrant workers have soared in recent years, macroeconomic studies have difficulty detecting their effect on economic growth. We review existing explanations for this puzzle and propose three new ones. First, we offer evidence that a large majority of the recent rise in...
Skill Flow: A Fundamental Reconsideration of Skilled-Worker Mobility and Development - Working Paper 180
August 27, 2009
The emigration of skilled workers from developing countries is often referred to as brain drain and considered something that should be limited. In this paper, resident fellow Michael Clemens takes the term to task and shows instead that a more open skill flow—a more accurate and neutral label...
The Millennium Challenge Account: How Much is Too Much, How Long is Long Enough? - Working Paper 23
July 13, 2005
The US government's proposed $5 billion Millennium Challenge Account (MCA) could provide upwards of $250-$300m or more per year per country in new development assistance to a small number of poor countries judged to have relatively "good" policies and institutions. Could this assistance be too much ...
The Long Walk to School: International Education Goals in Historical Perspective - Working Paper 37
July 13, 2005
This work quantifies how long it has taken countries rich and poor to make the transition towards high enrollments and gender parity. It finds that many countries that have not raised enrollments fast enough to meet the Millennium Development Goals have in fact raised enrollments extraordinarily rap...