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Blog Post
May 03, 2024
One of the things I missed last week was Jishnu Das’s excellent, heartfelt piece about the state of development economics. But he’s not talking about causal identification or taking potshots in the war on randomization, but about the deeper values that he suggests have gone missing from the discipli...
Blog Post
April 26, 2024
The links are back after a two-and-a-half week break in Argentina, and to be honest, my brain is still not fully re-engaged. Argentina is a hard place to be an economist: announcing your profession begets many questions, some of them hostile, and all of them difficult. It’s an amazing place: friendl...
WORKING PAPERS
April 23, 2024
This paper explores the potential implications of a declining absolute labor force on economic outcomes. It explores key macroeconomic variables during periods of negative and positive prime age (15-65) population growth (PAPG). These variables include 10-year bond yields, consumer price indices, fe...
Blog Post
April 23, 2024
The ongoing global demographic transition is massive in scale and likely impact. For most of the past 200 years, the vast majority of the world’s countries have seen population growth, particularly working-age population growth. As they’ve gone through the "demographic transition" toward lower birth...
Blog Post
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
Blog Post
April 05, 2024
These links, the second since our makeover, are exceptional in another way: I’m writing them on a Wednesday evening, and they’ll be sent out some time on Friday by my brilliant colleagues in communications. I don’t normally write these ahead of time: they’re drafted directly into an email, with the ...
Blog Post
April 05, 2024
One of the most serious challenges facing the global economy today is the impending sovereign debt crisis in many middle- and low-income countries. The fiscal outlook in some of these countries appeared dire even before interest rates started climbing and spending related to COVID-19 caused debts to...
Blog Post
April 02, 2024
On July 9 and 10, the World Bank and the Center for Global Development will co-host the Annual Bank Conference on Development Economics (ABCDE). On the first day, the conference will aim to bring coherence to development policy debates by bringing together the world’s top economic minds to focus on ...
Blog Post
March 27, 2024
After an almost two-year lull, sub-Saharan African issuers are clawing their way back into international markets. In close succession, Côte d’Ivoire, Benin, and Kenya issued $4.85 billion worth of Eurobonds in the first quarter of 2024. The bond offerings were as much as six times oversubscribed, in...
Blog Post
March 22, 2024
Well, if everything works out, today should be the day you get the snazzy new links email in your inbox, complete with the Economics and Marginalia branding and the new (old) title. Let me know how you like it! On the plus side, I like the logo and the font, and it’s a starting point from which we m...