This report summarizes recent trends in large-scale tropical forest clearing identified by FORMA (Forest Monitoring for Action). FORMA produces indicators that track monthly changes in the number of 1-sq.-km. tropical forest parcels that have experienced clearing with high probability. This report a...
To enhance efficiency of public spending in oil-rich economies, this paper proposes that some of the oil revenues be transferred directly to citizens, and then taxed to finance public expenditures. The argument is that spending that is financed by taxation—rather than by resource revenues accruing d...
David Wheeler and co-authors use detailed monthly data from FORMA (Forest Monitoring for Action) to determine the factors that contribute to deforestation in Indonesia. Their results highlight the importance of incorporating economic dynamics into financial compensation arrangements for forest conse...
Using data from Kenya—a poor country with weak public institutions—the authors find a large effect of private schooling on test scores, equivalent to one full standard deviation.
Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an aberration because it does not reflect one of the biggest shifts in the international economic and tradi...