Once upon a time in the world of development finance, it was assumed that simply investing in developing economies was enough—that the flow…
Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
Bureaucracies often post staff to better or worse locations, ostensibly to provide incentives.
Yet we know little about whether this works…
Despite substantial interest in the potential for mobile money to positively impact the lives of the poor, little empirical evidence exists…
Book abstract: In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic…
We construct the topology of business networks across the population of firms in an emerging
economy, Pakistan, and estimate the value that…
Successful public sector reform is rare in Africa. Over twelve years, Ethiopia transformed its public financial management (PFM) to…