Historical data shows that large natural resource endowments have not translated into better quality of life in Sub-Saharan Africa (“Africa” for short).
We report on a randomized field experiment using price incentives to address both economic and gender inequality in land tenure formalization.
This paper analyzes Latin America’s Financial Inclusion Gap, the difference between the average financial inclusion for Latin America and the corresponding average for a set of comparator countries.
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 measured remittances may be illusory—arising from changes in measurement, not changes in real financial flows.
Research on migration and development has recently changed, in two ways. First, it has grown sharply in volume, emerging as a proper subfield. Second, while it once embraced principally rural-urban migration and international remittances, migration and development research has broadened to consider a range of international development processes. These include human capital investment, global diaspora networks, circular or temporary migration, and the transfer of technology and cultural norms. We present a selection of frontier migrant-and-development research that instantiates these trends.
In 2012, the Center for Global Development (CGD) convened the Working Group on Food Security, bringing together 22 experts in food policy, nutrition, agriculture, and economic development from around the world. The group’s task was to review pressing challenges to agricultural development and food security and take stock of the Rome-based United Nations food agencies charged with addressing them. The working group decided to focus on the largest of those agencies—the Food and Agriculture Organization (FAO)—and has two key recommendations.
Reliable estimates of the effects of violence on economic outcomes are scarce. We exploit the manyfold increase in homicides in 2008-2011 in Mexico resulting from its war on organized drug traffickers to estimate the effect of drug-related homicides on house prices.
Data Set for "What Drives Deforestation and What Stops It? A Meta-Analysis of Spatially Explicit Econometric Studies - Working Paper 361"
This is the data set for Working Paper 361.
This paper identifies and discusses the conditions needed for achieving strong and stable capital markets in emerging market economies, which at present remain illiquid and underdeveloped.
Dani Rodrik delivers the ninth annual Sabot Lecture, May 2014.
Sovereign wealth funds have traditionally invested in external securities but are increasingly being tapped to provide financing for domestic investments, including to help close infrastructure gaps.
The Millennium Challenge Corporation (MCC) is at a crossroads. Many of its early compacts—large-scale, five-year grants that support country-led solutions to poverty reduction through economic growth in a select set of poor but well-governed countries—are coming to a close.
Skilled workers emigrate from developing countries in rising numbers, raising fears of a drain on the human and financial resources of the countries they leave. This paper critiques existing policy proposals to address the development effects of skilled migration. It then proposes a new kind of policy tool to regulate skilled migration in a way that benefits origin countries, destination countries, and migrants. ‘Global skill partnerships’ are bilateral public-private agreements to link skill creation and skill mobility for mutual benefit. The paper describes how such an agreement might work in one profession (nursing) and one region (North Africa).
Skilled workers have a rising tendency to emigrate from developing countries, raising fears that their departure harms the poor. In response, researchers have proposed a variety of policies designed to tax or restrict high-skill migration. Those policies have been justified on grounds of efficiency—making migrants or destination countries liable for harm—as well as on grounds of equity or ethics. This paper challenges regulations of this kind, arguing that they are generally inefficient, inequitable, and unethical. It concludes by discussing a different class of policy intervention that, in contrast, has the potential to raise welfare.
Much of the data underlying global poverty and inequality estimates is not in the public domain, but can be accessed in small pieces using the World Bank's PovcalNet online tool.
Development Impact Bonds (DIBs) bring together private investors, non-profit and private sector service delivery organisations, governments and donors to deliver results which society values.
In this paper I discuss the ownership and financial structure and related governance arrangements, including leadership selection, of the World Bank and the Inter-American Development Bank.