
Macroeconomics & Growth
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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
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Land distribution and long-run development in the American frontier
Policies 150 years ago that allowed large landlords to obtain thousands of square miles of land lowered investment and property values into the 21st century
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How can countries grow sustainably?
Domestic and multilateral efforts are both needed to ensure people can benefit from economic growth opportunities