Finance
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Chinese investment in Africa
Chinese investment in Africa, while less extensive than often assumed, has the potential to generate jobs and development on the continent
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Demonetising India
Abhijit Banerjee discusses the economics and politics behind the 2016 demonetisation in India.
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Improving payroll-tax compliance through decentralised monitoring: Evidence from Mexico
Even formal firms evade payroll taxes, and workers can be effective monitors of their employers’ reports, with the right incentives.
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Land and financial misallocation in India
A strong positive correlation emerges between the misallocation of land and misallocation of finance
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The effect of aid on growth: Evidence from a quasi-experiment
Analysis suggests physical infrastructure investments are a key driver of growth impacts from aid
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African leaders’ misuse of Chinese development finance: The price of country ownership
China’s ‘on demand’ approach to foreign assistance may be motivated by good intentions, but it increases the risk of political misuse of aid