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Blog Post
May 01, 2024
At the core of African food insecurity are the continent’s notoriously low crop yields—the amount of produce farmers harvest relative to the area of land they farm. And one of the main reasons for low yield compared to other regions is that African countries, on average, use far less fertilizer to b...
Blog Post
November 30, 2023
The latest climate COP, or “Conference of the Parties to the United Nations Framework Convention on Climate Change,” got underway today in Dubai. It will be attended by thousands of delegates from governments, the private sector, media, and civil society, with two hectic weeks of events and negotiat...
Blog Post
October 25, 2023
A couple of years ago I joked that many development economics papers could be summarized by simply saying “schools: they’re good!”—or as an economist might put it, “the returns to education are positive.” Papers documenting the benefits of education have been at the core of development economics for...
Blog Post
October 12, 2023
The vast majority of out-of-school children around the world live in rural areas. For children who live in rural areas and who are enrolled in school, they are less likely to finish primary school or to transition to secondary school. They score worse on tests. Less educational attainment and lower ...
Blog Post
October 05, 2023
A year ago, the International Monetary Fund (IMF) announced that an alarming 60 percent of developing countries and 25 percent of emerging market economies were either in debt distress or at severe risk of default. The confluence of severe shocks in the period 2020-22, starting with the COVID-19 pan...
WORKING PAPERS
October 05, 2023
This paper uses a straightforward Resilience Indicator, constructed from a small set of economic and institutional variables, to show that by 2019, prior to the COVID-19 pandemic and subsequent global shocks, it was possible to identify emerging markets and developing countries that would encounter ...