Ideas to Action:

Independent research for global prosperity

Publications

 

Fan of Pakistani rupees - Adobe stock photo
July 3, 2018

Why Does Pakistan Have Repeated Macroeconomic Crises?

Over the past 50 years, Pakistan’s record on macroeconomic management has been mixed. The next crisis is now approaching. Most economists agree that the post-election government will have no alternative but to approach the IMF yet again for another bailout with associated policy conditionality. Against this background, this note examines three questions that economists both within and outside Pakistan are asking.

Cover: Unequal Ventures
April 30, 2018

Unequal Ventures: Results from a Baseline Study of Gender and Entrepreneurship in East Java, Indonesia

A study of women and men business owners in East Java offers a unique opportunity to analyze characteristics of entrepreneurs and their businesses by gender for a country where such systematic data are scarce. The study is one of two randomized controlled trials launched in 2015 to assess the power of mobile savings and training for women entrepreneurs. This report details baseline results from the Indonesia trial, still under way, which is testing whether providing financial literacy training for women who are potential bank clients and varying financial incentives to bank agents promoting a new mobile savings product make a difference in increasing  entrepreneurs’ uptake of formal savings and in improving economic outcomes. Short-term results of the other trial, in Tanzania, were reported in the first report in this series.

Cover of "Mindful Saving: Exploring the Power of Savings for Women"
March 22, 2018

Mindful Saving: Exploring the Power of Savings for Women

Mobile savings hold great promise, because they can considerably reduce transaction costs that can be unduly heavy for women. Two questions guide us: how can we encourage more women microentrepreneurs to access formal savings accounts, and is mobile saving a particularly fitting solution? This series uses empirical evidence to address these issues.

Cover of Policy Paper 121
March 4, 2018

Examining the Debt Implications of the Belt and Road Initiative from a Policy Perspective

China’s Belt and Road Initiative hopes to deliver trillions of dollars in infrastructure financing to Asia, Europe, and Africa. This paper assesses the likelihood of debt problems in the 68 countries identified as potential BRI borrowers. We conclude that eight countries are at particular risk of debt distress based on an identified pipeline of project lending associated with BRI.