In the past, industrial countries have tended to pursue countercyclical or, at worst, acyclical fiscal policy. In sharp contrast, emerging…
The large economies have each, in sequence, offered “models” that once seemed attractive to others but that eventually gave way to…
Countries with oil, mineral or other natural resource wealth, on average, have failed to show better economic performance than those…
We explore a framework that could be used to assign quantitative allocations of emissions of greenhouse gases (GHGs), across all countries…
Outsiders must be a little mystified as to why the Obama administration’s nomination of Jim Young Kim to lead the World Bank has kicked up…
The proximate cause of poverty is low productivity. Poor people are poor because their labor produces too little to adequately feed and…
Why do many countries find it hard to control their budgets? Concern about budget deficits has become a burning political issue in the…
Developing countries traditionally experience pass-through of exchange rate changes that is greater and more rapid than high-income…
Why was the Arab World Poised for Revolution? Schooling, Economic Opportunities, and the Arab Spring
What underlying long-term conditions set the stage for the Arab Spring? In recent decades, the Arab region has been characterized by an…