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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 16, 2024
Last month The Gambia’s National Assembly advanced a bill that, if ratified, would make it the first country to overturn a ban on female genital mutilation. These moves—supported by the predominantly male legislature—reflect the precarious nature of gains made in gender equality and have implication...
Blog Post
December 14, 2023
CGD's Eeshani Kandpal speaks with the Interamerican Development Bank's Ana María Ibáñez about her recent report on women economists in Latin America, the reflection of cultural norms in education and the workplace, and the importance of role models and mentors in shaping expectations.
Blog Post
December 06, 2023
Men are the majority customers in bank lending portfolios throughout the world. The gender gap in access to credit is larger in developing countries and especially onerous for women entrepreneurs who suffered disproportionate employment and income losses during the recent COVID pandemic. What drives...
Blog Post
October 05, 2023
Only one woman born and raised in a low- or middle-income country has ever headed an international financial institution. CGD's Eeshani Kandpal speaks with Francisco Ferreira from the London School of Economics and Amie Batson from WomenLift Health about what effective mentorship and allyship can lo...
Blog Post
August 17, 2023
Women’s economic equality remains elusive in countries at every level of income. Women earn less than men. They participate in the labor force at lower rates—and when in the labor force, they have higher unemployment rates. They are overrepresented in low paying jobs and underrepresented in leadersh...
Blog Post
May 23, 2023
The past year has been challenging and turbulent for many frontier markets in Africa. In 2022, African economies met headwinds of inflation, the aftermath of the COVID-19 pandemic, and sovereign debt challenges. This led to a decrease in demand for African goods and services, as well as reduced inve...
Blog Post
April 24, 2023
That said, there are reasons to doubt that a declining working age population would have a long-term effect on prices. They are based on an argument that economists have long made when it comes to migration into economies where the domestic labor force was still expanding, termed the “lump of labor ...
Blog Post
April 10, 2023
The world has never been more educated, our populations more connected. Technological advance in areas from solar and fusion power through batteries to satellites and cancer vaccines will help deliver sustained development. Ending extreme ($2.15 a day) poverty, while long overdue, is on a trajectory...