Did you know that Iran had tax revenues greater than its GDP for three years in the late 1980s? Or at least that’s the impression you’d get if you — like many researchers — were to combine tax data from the IMF’s Government Financial Statistics and the GDP series from t...
We partnered with a micro-lender in Mali to randomize credit offers at the village level. Then, in no-loan control villages, we gave cash grants to randomly selected households. These grants led to higher agricultural investments and profits, thus showing that liquidity constraints bind with respect...
There is broad consensus on the need for the post-2015 successor framework to the Millennium Development Goals to respond to the challenge of illicit financial flows (IFF).
The African Development Bank is an amazing turnaround story. The regional development bank was close to shutting down after losing its AAA credit rating in 1995 and, worse, squandering the confidence of its shareholders.