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Blog Post
April 04, 2024
A large academic and policy debate has focused on the increase in market concentration over the past few decades which has given rise to “star firms,” a small set of firms that generate abnormal returns for their investors. A common concern is that these firms exert excess market power and behave as...
Blog Post
March 13, 2024
When world leaders gather in September for this year’s UN General Assembly, antimicrobial resistance (AMR) will be on the agenda. For people like me who care passionately about this issue, this is a welcome opportunity to address a global problem with a global solution. Ahead of September, we need t...
Blog Post
February 22, 2024
The process of discovering, producing, buying, and consuming antibiotics is riddled with market and government failures. To solve antibiotic resistance, it’s not enough to solve just some of these. If we fix the market failures that reduce the number of new antibiotics that are discovered, but not t...
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
November 09, 2023
There are so many studies regarding so many aspects of development economics that it can be difficult to keep up. Last week was the North East Universities Development Consortium annual conference, often called NEUDC. Researchers presented more than 130 papers across a wide range of topics, from agr...