New Mediums, Better Messages?: How Innovations in Translation, Engagement, and Advocacy are Changing International Development
The notion of development influences and is influenced by all aspects of human life.
Research
Get Ready for Reverse Currency Wars
With elevated global inflation likely to persist for some time, the prospect of competitive exchange-rate appreciations is looming larger.
Prospects for global economic convergence under new technologies
Prior to the COVID-19 pandemic, developing countries appeared to be generally on a converging path with income levels in the wealthiest countries.
Hidden Defaults
China's lending boom to developing countries is morphing into defaults and debt distress.
Horrible trade-offs in a pandemic: Poverty, fiscal space, policy, and welfare
Highlights • Fighting a pandemic in poor countries may involve not just a trade-off between lives and livelihoods, but an even more horrible trade-off between lives lost due to the pandemic and lives
Is Another Food Crisis Unfolding?
Rising real food prices are an exceptionally regressive shock—both within countries as well as across them.
The Reversal Problem: Development Going Backwards: Development Going Backwards
COVID-19 deepened and accelerated a troubling trend of economic backsliding that had appeared around half a decade earlier. We call this the Reversal Problem.
The new paradigm of economic complexity
Highlights • Economic complexity offers a potentially powerful paradigm to understand key societal issues and challenges of our time. • This brief introduction to economic complexity summarizes key t
A labor market view on the risks of a U.S. hard landing
This paper uses historical labor market data to assess the plausibility that the Federal Reserve can engineer a soft landing for the economy.
A Balance-Sheet Model of Fiscal Policy in Namibia
The issue of debt sustainability has been the focus of continued theoretical and practical interest over the years.
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