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  • Blog post

    Star power: Maharashtra starts rating industries by emissions

    An Indian state programme is aiming to curb air pollution by facilitating transparency in industry emissions, using ratings and targets that the public can view online. Measuring industry emissions The Maharashtra Pollution Control Board (MPCB) launched a new Star Rating Programme for air pollution on June 5, 2017–World Environment Day. The programme uses smoke-stack...

    10 Jul 2017 | Michael Greenstone, Rohini Pande, Nicholas Ryan, Anant Sudarshan

  • Blog post

    Credit bureaus in microfinance: a baseline study

    Credit bureaus consolidate borrowers’ creditworthiness records and share them with microfinance institutions, thereby addressing adverse selection and moral hazard problems. Such changes give safe borrowers lower interest rates but can lock those with poor or non-existent credit histories out of the market. Ongoing research in Pakistan investigates this trade-off. For at...

    3 Jul 2017 | Jonathan de Quidt

  • Blog post

    Bad practices hold back small firms in developing countries

    Survey of more than 20,000 small firms suggests better business practices are correlated with higher productivity, firm profits, and rates of survival. Management practices in large firms around the world have been systematically measured and reported in a series of papers by Bloom and Van Reenen (2007, 2010) and Bloom et al. (2012). These papers show that better...

    30 Jun 2017 | David McKenzie, Christopher Woodruff

  • Blog post

    Five key challenges facing Liberia’s transport industry: Paving the way to market integration

    Improving transport connectivity and increasing market integration could improve competition, trade, and potential for growth in small Liberian firms. Transport costs are a key factor in determining market integration. Consequently, keeping transport costs low is critical to economic development, particularly for small firms situated in isolated local economies. In Liberia...

    29 Jun 2017 | Golvine de Rochambeau

  • Blog post

    Waste management in Asia: 1 goal, 5 cities, 5 lessons

    Asia’s cities are the engines of incredible economic growth. For many countries, they generate over 80% of GDP and improve the lives of millions of people. But this prosperity comes with a price. Take for example the more than one million tons of solid waste that cities generate every day as they grow. Without proper management, the deluge of solid waste causes severe...

    27 Jun 2017 | Andrew McIntyre

  • Blog post

    Has GSP plus status improved Pakistan's garments exports?

    In December of 2013, Pakistan acquired the GSP plus status from the European Union, granting member states duty-free access to 96 percent of Pakistani exports to the EU. Pakistan was the second country in all of South and Southeast Asia to receive the trade advantage, giving it a 10 to 14 percent duty advantage over major regional competitors including China, India,...

    23 Jun 2017 | Zara Salman

  • Blog post

    Welcome to VoxDev

    Today, the IGC launched in collaboration with the Centre for Economic Policy Research (CEPR) and and the Private Enterprise Development in Low Income Countries (PEDL) programme.

    22 Jun 2017 | Tavneet Suri

  • Blog post

    Road to legitimacy: Takeaways from the Fragility Commission’s 2nd evidence session

    The road to reforming and rebuilding the legitimacy of a state and its institutions is long and difficult. Elections, even when free and fair, are only a piece of the foundation upon which a state must re-establish trust with citizens and can start to rebuild public services, infrastructure, and its economy. “People don’t need ideas, they need bread.” This statement...

    20 Jun 2017 | Emilie Yam

  • Blog post

    Unexpected side-effects: Urban policies and market responses

    Should cities invest in public transport systems, even if they might slow growth? Can an HOV lane reduce congestion when drivers circumvent it? Is unpredictability of police enforcement a good thing for reducing drunk-driving? These and other surprising facts were presented at the recent IGC mini-cities conference. Research highlighted below showcases the importance of...

    19 Jun 2017 | Michael Blake, Priya Manwaring

  • Blog post

    The World Bank in the era of Trump

    With the World Bank now far from the only game in town in providing development finance, this column argues that it should focus on issues which are truly global in scope, but questions the suitability of the World Bank’s signature instrument, the sovereign loan. The international community does rely on the Word Bank for one global public good – global consensus...

    16 Jun 2017 | Ravi Kanbur