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  • Blog post

    Revisiting the balance of payments and the fiscal deficit

    Countries left-and-right are battling fiscal crises. Have we been too stringent, or not enough? This last blog in a series thinks about how fiscal policy might look different in unorthodox times. A prudent fiscal stance and a healthy balance of payments have been standard prescriptions for emerging economies.  Manageable debts and a slim deficit keep macroeconomic crises...

    1 Oct 2018 | Tim Dobermann, Francesco Caselli

  • Blog post

    IGC Quick Click: On trade wars and the aftermath of the financial crisis

    With so many interesting and important economic events happening in the world, we, at the IGC, thought we would have a go at summarising the debate on key interesting (yes, they exist) and topical economic issues. We aim to put together links to enlightening blogs and papers from a diversity of sources that will explain the various aspects of a topic/event or the different...

    28 Sep 2018 | Nidhi Parekh

  • Blog post

    Incentivising school attendance in Mozambique: Reports or cash transfers?

    An enormous effort has been made by governments the world over to incentivise parents to ensure that their children attend school regularly. In developing countries, in particular, arguably the most significant innovation in social policy in the past few decades has been the introduction of conditional cash transfers made to parents to incentivise a number of prescribed...

    26 Sep 2018 | Damien de Walque, Christine Valente

  • Blog post

    Rethinking traditional structural transformation

    How much will the old patterns of economic growth explain the experience of tomorrow’s growing economies? While the evolution of an economy into different sectors is a natural process of development, the fourth blog in this series examines how the composition of growth could look very different in the future. The shift of labour from the countryside into higher...

    24 Sep 2018 | Tim Dobermann, Francesco Caselli

  • Blog post

    Adjusting the export-for-growth model

    Trade brings numerous benefits, chief among them competition, yet today’s outlook for trade remains uncertain. Is it time to re-think the primacy of exporting for growth? This third blog in a series explores the issue. A successful development model in the last few decades has been for developing countries with low labour costs to jump on the lowest rung of the value...

    17 Sep 2018 | Tim Dobermann, Francesco Caselli

  • Blog post

    The new international geography of deindustrialisation

    The problem with Donald Trump’s trade narrative is that it ignores the simple fact that deindustrialisation in Latin America and sub-Saharan Africa has been more severe than it has been in the US and Europe. Trump seems intent on starting a global trade war. His recent imposition of tariffs on steel and aluminium is consistent with his rambling inaugural address about...

    12 Sep 2018 | Seth Schindler

  • Blog post

    Are we living in unorthodox times?

    How different is today’s environment for developing countries compared to a few decades ago? The second blog in this series examines four trends that will shape how countries grow and develop in the future. The most admired development strategies of the last few decades were deployed at a time of historically unprecedented global integration. Driven by both increasingly...

    10 Sep 2018 | Tim Dobermann, Francesco Caselli

  • Blog post

    Non-price energy conservation and household energy consumption: Experimental evidence from Bangladesh

    Research in Bangladesh shows that non-price energy conservation programmes can help support achieving energy efficiency especially regarding residential electricity usage. Household electricity consumption accounts for 40% of global energy related CO2 emissions and this is expected to grow globally by 58% by 2030 if no measures are introduced (Rasul & Hollywood 2012). ...

    5 Sep 2018 | Ahsanuzzaman A, Asadul Islam, Liang Choon Wang

  • Blog post

    Op-ed: Unorthodox policies for unorthodox times

    From protectionism to automation to climate change, today’s global context is changing. What does this mean for the development strategies countries choose to pursue? This blog, the first in a series of five, looks at how today’s context should influence our thinking. New political forces, embracing economic ideologies that had been dormant for decades, are on the...

    4 Sep 2018 | Tim Dobermann, Francesco Caselli

  • Blog post

    Data, incentives, and relationship building for improved tax enforcement

    Tax authorities in developing countries often lack the information and enforcement capacity necessary to collect adequate tax revenue. Both innovative and practical research, performed in collaboration with tax authorities, can address these constraints. The International Growth Centre (IGC) works closely with its partner governments to promote effective tax policies and...

    31 Aug 2018 | Emilie Yam, Ella Spencer