June 10, 2024, Opinion: "Today’s developing economies are in a bind, because innovation in manufacturing has taken a predominantly skill-biased form, reducing demand for workers…
The future of developing countries lies in services. Enhancing productivity in labor-absorbing services in particular must be an essential priority, for reasons of both growth and…
Critics of industrial policy claim that state interventions into the market lead to inefficient subsidies, protectionism, or the “picking of winners.” Kartik Akileswaran and Rohan…
This paper integrates daytime and nighttime satellite imagery into a spatial general-equilibrium model to evaluate the returns to investments in new motorways. Our approach has…
This paper integrates daytime and nighttime satellite imagery into a spatial general-equilibrium model to evaluate the returns to investments in new motorways. Our approach has…
If the era of hyperglobalization started in 1995, with the creation of the World Trade Organization (WTO), its death throes began in early 2018, when U.S. President Donald Trump…
December 8, 2023, Opinion: "Manufacturing industries are no longer the labor-absorbing sectors they used to be, and that is a big problem for developed and developing economies…
This is a bold and intriguing paper. It offers a new explanation for poverty reduction (or lack thereof) and interesting new empirical measures of global market access and the…
For much of the past few months, President Joe Biden’s administration has been trying to drum up public enthusiasm around “Bidenomics”—an economic agenda formed around the logic…
