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WORKING PAPERS
April 15, 2024
Adaptation is not a universal response to climate shocks, and while a lot of studies are geared towards building adaptive capacity of households, particularly in developing country settings, more recognition should be given to cultural and religious factors that may significantly mitigate responses.
WORKING PAPERS
August 29, 2023
The war in Ukraine was associated with large changes in the prices of key food and fuel commodities in 2022 which produced macroeconomic gains for exporters and losses as import costs increased. Across 49 countries benefitting, these gains averaged about 8 percent of GDP and reach up to 36 percent o...
WORKING PAPERS
February 05, 2018
Prior research on foreign investment and supply chains in emerging markets has focused almost exclusively on the creation of international networks in manufacturing and assembly. This paper extends that research, looking beyond manufacturing into supply chain creation in horticulture in developing c...
WORKING PAPERS
December 20, 2016
Regulatory pressure on international banks to fight money laundering (ML) and terrorist financing (TF) increased substantially in the past decade. We find countries that have been added to a high-risk greylist face up to a 10% decline in the number of cross border payments received from other jurisd...
WORKING PAPERS
February 20, 2014
We examine how commodity price shocks experienced by rural producers affect the drug trade in Mexico. Our analysis exploits exogenous movements in the Mexican maize price stemming from weather conditions in U.S. maize-growing regions, as well as export flows of other major maize producers. Using dat...