general equilibrium

Efficient climate policy disproportionately burdens low- and middle-income countries. Modest transfers can make it fair and feasible.

Eradicating malaria could deliver much larger economic gains in sub-Saharan Africa than previously believed. The new generation of malaria vaccines provides a highly cost-effective way to realise these benefits.

Revoking access to microcredit was costly – and not just for the households that borrowed