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Blog Post
October 25, 2023
A couple of years ago I joked that many development economics papers could be summarized by simply saying “schools: they’re good!”—or as an economist might put it, “the returns to education are positive.” Papers documenting the benefits of education have been at the core of development economics for...
Blog Post
October 12, 2023
The vast majority of out-of-school children around the world live in rural areas. For children who live in rural areas and who are enrolled in school, they are less likely to finish primary school or to transition to secondary school. They score worse on tests. Less educational attainment and lower ...
Blog Post
October 05, 2023
A year ago, the International Monetary Fund (IMF) announced that an alarming 60 percent of developing countries and 25 percent of emerging market economies were either in debt distress or at severe risk of default. The confluence of severe shocks in the period 2020-22, starting with the COVID-19 pan...
WORKING PAPERS
October 05, 2023
This paper uses a straightforward Resilience Indicator, constructed from a small set of economic and institutional variables, to show that by 2019, prior to the COVID-19 pandemic and subsequent global shocks, it was possible to identify emerging markets and developing countries that would encounter ...
Blog Post
August 01, 2023
There’s a lot out there on how to improve educational outcomes in low- and middle-income countries. On the one hand, one may be tempted to lean into Finnish education scholar Pasi Sahlberg’s critique: “There are so many ‘facts’ now available about how to fix education, that anyone…can easily gravita...
CGD NOTES
March 16, 2023
The the wake of the Silicon Valley Bank collapse, bank regulators and supervisors in emerging markets should be looking closely at their own banking systems with lessons from Silicon Valley in mind. For most emerging markets, where previous banking crises were devastating and turned back the clock o...
Blog Post
March 07, 2023
While learners are at the heart of education, teachers are the main veins carrying blood to that heart. At the recent Comparative and International Education Society conference, I shared ten things—six I know and four I want to know—about supporting teachers to end the global learning crisis.