All articles

Climate policies of major economies present risks and opportunities for developing countries

The US, China, and the EU are shaping the future of climate policy, but could their efforts hurt trade opportunities for developing countries? How should policymakers balance the green benefits of climate policy against the economic risks for those i...

Energy & Environment

Enrique Aldaz-Carroll Euijin Jung Maryla Maliszewska Iryna Sikora

Published

28.02.25

Upgrading slums for long-run urban development in Indonesia

Slum upgrading programmes improve living conditions for low-skilled residents, but potentially at the cost of formal development and inefficient land allocation. Evidence from Indonesia reveals that these costs are largest close to the city centre, s...

Migration & Urbanisation

Mariaflavia (Nina) Harari Maisy Wong

Published

26.02.25

Post-harvest loans can stop farmers selling low and buying high

Credit constraints prevent farmers from arbitraging seasonal price fluctuations; integrated financial solutions can enable grain storage, channel returns into forward-looking investments, and smooth seasonal prices, yielding benefits for the broader ...

Agriculture

Sanghamitra Warrier Mukherjee Lauren Falcao Bergquist Marshall Burke Edward Miguel

Published

25.02.25

Can fintech help migrants make better remittance decisions and improve financial inclusion?

Fintech has the potential to enhance financial inclusion and welfare for low-income migrants, but its benefits may be limited for migrants with lower financial literacy.

Finance

Eduardo Nakasone Máximo Torero Angelino Viceisza

Published

21.02.25

port depicting export-led industrial policy

Targeting industrial policy for economic development in the new era

Industrial policy prioritises growth in specific sectors. Yet there is little agreement about how to target sectors in practice, especially in developing countries, and many argue that governments cannot pick winners. So, how have governments’ export...

Macroeconomics & Growth

Tristan Reed

Published

20.02.25

industrial robots, the subject of this article

How robots have improved worker safety in China

The rise of industrial robots in China has significantly improved worker safety, leading to fewer workplace accidents, injuries, and fatalities.

Technology & Innovation

Wei Luo Lixin Tang Yaxin Yang Xianqiang Zou

Published

18.02.25

Subsidising secondary education has huge benefits, for this generation and the next

As countries in Sub-Saharan Africa debate the costs and benefits of subsidising secondary education, a 15-year RCT in Ghana finds large multi-generation impacts.

Education

Esther Duflo Pascaline Dupas Michael Kremer Elizabeth Spelke Mark Walsh

Published

17.02.25