Finance

More from the Series

Blog Post

Bad Tax Data, Bad Tax Research? Introducing the New Government Revenue Dataset

September 16, 2014
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...
WORKING PAPER

Self‐Selection into Credit Markets: Evidence from Agriculture in Mali - Working Paper 377

Lori Beaman et al.
September 15, 2014
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...
Blog Post

Three Illicit Flows Targets for the Post-2015 Framework

September 09, 2014
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).
Blog Post

How to Sustain the AfDB's Progress after Kaberuka

August 27, 2014
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.