Showing all content in Political Economy

  • Blog post

    Shock and oh damn

    In this article, Pronab Sen, Country Director for the India Central Programme of the International Growth Centre, argues that India’s recent demonetisation has penalised virtually the entire informal sector, and perhaps damaged it permanently. At the stroke of the midnight hour of 9 November 2016, India lost 86% of its monetary base. The media – print, electronic and...

    28 Nov 2016 | Pronab Sen

  • Event

    IGC Public Lecture - Making Politics Work for Development

    Fear of openly confronting the problem of politics can come in the way of achieving economic development goals. To help address this, the Development Research Group of the World Bank has prepared a report synthesizing the vanguard of economics research on the functioning of political markets to understand its implications. The report "Making Politics work for...

    5 December 2016

  • Blog post

    Impact of fiscal policy on inequality and poverty in Uganda

    President Yoweri Museveni would like Uganda to be a middle-income country by 2020. As the UN’s Sustainable Development Goals, and Uganda’s own National Development plans, make clear, however, income per capita is only one criterion by which an advanced economy should be judged. Uganda should strive to lift more people out of poverty as well as close the income gap...

    12 Sep 2016 | Astrid Haas, Sebastian Wolf, Jon R. Jellema, Nora Lustig

  • Blog post

    Dilemma of capping bank interest rates in Kenya

    Post signing of the Banking (Amendment) Bill 2015, Kenyans were full of hope and expectations of lower interest on their loans and higher earnings on deposits. Like with so many regulatory actions, the outcome for the people will depend on the implementation of the law. In this case, the fate of the law will rely heavily on financial institutions, and  implementation...

    8 Sep 2016 | Kamal Bhattacharya, Tavneet Suri

  • Project

    Government mobile salary payments in Afghanistan (Project Expansion)

    In this project, researchers evaluated the introduction of mobile salary payments (MSPs) for employees in the Afghan Ministry of Labour, Martyrs, Social Affairs and Disabled (MoLMSAD). MSPs have the potential to decrease the amount spent on ‘ghost’ workers and increase satisfaction amongst bureaucrats by paying them more accurately and on time, and in turn,...

    6 Jul 2016 | Michael Callen, Tarek Ghani, Joshua Blumenstock

  • Blog post

    The economics of humanitarian aid: Are we on a slippery slope?

    Could the current modalities of humanitarian aid to refugees be improved? Dr. Stephanie Levy argues for more creative aid agreements to form the backbone of the global response to the current refugee crisis. At the World Humanitarian Summit (WH Summit), David Miliband, head of the International Rescue Committee, announced that 25% all of all IRC interventions will be...

    17 Jun 2016 | Stephanie Levy

  • Project

    Public programmes, growth, and economic inequality in rural India

    While India as a whole has seen rapid economic growth over the last two decades, there is a substantial question about whether and how poor households, particularly those concentrated in rural areas have been affected by this growth and whether they are likely to benefit from future growth. While the focus of efforts to improve rural incomes in the 1960s-1980s was primarily...

    14 Jun 2016 | Andrew Foster, Hari K Nagarajan, Mark Rosenzweig, Jai Pal Singh

  • Project

    Improving the justice sector: Law and institution-building in Sierra Leone

    Efficient, fair, and low-cost legal systems can have a variety of positive effects. The legal system regulates personal actions and economic transactions, with the aim of resolving disputes, enforcing rules of conduct, providing certainty to economic actors and ‘justice’ to citizens. In providing quick and cheap resolution of welfare- and productivity-reducing disputes,...

    13 May 2016 | Simeon Koroma, Bilal Siddiqi, Momo Turay, Alaina Varvaloucas, Justin Sandefur

  • Blog post

    Aid-financed infrastructure promotes foreign direct investments

    The link between aid and private investment is not well understood. Could aid-financed infrastructure investments encourage higher foreign direct investment? The authors present the results of a new composite index of infrastructure to estimate direct and indirect impacts of aid for infrastructure on FDI. Official development assistance (ODA) and foreign direct investment...

    3 May 2016 | Julian Donaubauer, Birgit Meyer, Peter Nunnenkamp