VoxDev Development Economics

The need for humanitarian relief is at record highs, while support from the international community is dwindling. Should we divert funding from development policies designed to deliver growth to focus on the most efficient ways to provide humanitarian assistance instead? And, if we did, what would those policies be? Arif Husain of the UN WFP tells Tim Phillips about the growing funding gap for aid, the urgent need to improve global food security, and the consequences if we choose not to act.

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How useful is generative AI in helping entrepreneurs become more successful? Rem Koning is one of a team of researchers who created an AI mentor for entrepreneurs in Kenya. He tells Tim Phillips about which questions the mentor was asked, and which businesses profited from its AI-driven advice.

Mobile money has created many opportunities for users. But its fees can be expensive. One solution: create competition between mobile money providers in Africa through interoperability. But if we reduce the profitability of providers, might it also reduce network coverage, and therefore financial inclusion too? Nicola Limodio tells Tim Phillips about the upside and downside of competition in Africa’s mobile money market.

Recorded at CEPR Paris Symposium 2023: How can macroeconomics (and macroeconomists) contribute to what we know about development policy? 

The availability of better data has given fresh impetus to the use of macroeconomic models to explain the development process in LICs. Doug Gollin and Paula Bustos talk to Tim Phillips about this emerging agenda, what questions it is helping to answer, and the challenges of the next generation of research. 

What is the role of state capacity in economic development? Nicola Mastrorocco spent five years digitalising civil service records from a century of economic development in the US, showing how a century of bureaucracy changed the US, and what this tells us about how a state bureaucracy evolves.

Research shows that policymakers have consistently endorsed the use of industrial policy. And now economists are increasingly talking about – and researching – the benefits of it too. Dani Rodrik talks to Tim Phillips about what we know about its effectiveness, and the evolving policy agenda that it represents.

How does place-based policy work, and what can it deliver? Gordon Hanson has spent many years studying the economic importance of where people live, and what policy can do to improve those places. He talks to Tim Phillips and what has historically succeeded and failed in US cities, and how that knowledge can be applied elsewhere.

What is the fairest and most efficient way to improve not just access to education, but outcomes too? Should policymakers focus on a broader markets and systems approach to education reform? Emiliana Vegas and Asim Khwaja tell Tim Phillips about what a markets and systems approach to delivering education reform is, and what it has already achieved in Pakistan and Chile.

Researchers want to maximise the development impact of their advice. Stefan Dercon tells Tim Phillips, that to do this, they need to consider the local political constraints and opportunities, and not be “The sort of technocrat that says ‘’nothing to do with me, it’s someone else’s problem’.”

While the news agenda is grabbed by droughts, hurricanes and wildfires, the inexorable rise in sea level is less easy to see. But it will affect billions of people living in coastal regions in our lifetimes. What are the possibilities for, and costs of, adaptation? Allan Hsiao discusses how low-lying cities like Jakarta will cope.