Macroeconomics & Growth
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Macroeconomic development: An emerging agenda
How can macroeconomics (and macroeconomists) contribute to what we know about development policy?
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Industrial policy for economic development
What have economists learnt about using industrial policy to promote economic development?
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Flight to climatic safety
When extreme natural events strike, investors move money away from emerging economies at higher climate risk in search of climatic safety
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Spatial frictions and high-frequency human mobility: Evidence from three African countries
Insights from a year of smartphone app data suggest high levels of spatial mobility
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Cash transfer programmes can stimulate the local economy: Evidence from Brazil
In addition to their impact on poverty, cash transfers can have positive spillovers to the local economy
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Human capital growth: An engine for structural transformation
Growth in human capital reduces agricultural labour supply, while in turn the expansion of non-agricultural sectors drives human capital growth
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Why market structure matters for development: Evidence from the global cement industry
Market power in the construction sector raises prices and undermines long-term growth in poor countries
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How services drive the growth of emerging economies: Evidence from India
Service-led growth can be a viable development strategy for the developing world; however, its fruits might disproportionately benefit the rich
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To each according to their needs
The Covid pandemic is an opportunity to look for radical answers to big questions that would not be possible in normal times