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Press Release
November 16, 2022
The Latin American Committee on Macroeconomic and Financial Issues (CLAAF, by its Spanish acronym) today praised the central banks of Brazil, Mexico, Chile and Peru for taking swift and aggressive action to address growing inflation – and urged them to stay the course, as conquering inflation will b...
Blog Post
February 24, 2022
Last week, the central bank of Chile became the 9th member of the Latin American Reserve Fund (known by its Spanish acronym, FLAR), Latin America’s regional lender of last resort. This is great news for the pursuit of financial and economic stability in the region. Here is why.
WORKING PAPERS
October 06, 2017
Our central question is whether African countries can break into global manufacturing in a substantial way. Our results suggest that for any given level of GDP, labor is more costly for firms that are located in Sub-Saharan Africa. However, we also find that there are a few countries in Africa that,...
Blog Post
February 14, 2014
Last week, we sat down with Lawrence to record a Wonkcast on our new working paper The Median is the Message: A Good-Enough Measure of Material Well-Being and Shared Development Progress. In the paper, we argue that survey-based median household consumption expenditure (or income) per...
Blog Post
February 10, 2014
Development progress has traditionally been measured in terms of reductions in poverty and increases in per capita GDP, that is, average income as calculated by dividing total income by the total population. My guests on this week’s Global Prosperity Wonkcast, Nancy Birdsall an...
Blog Post
December 03, 2013
This week, I will be travelling to Beijing, China, with my CGD colleagues, Alan Gelb and Christian Meyer, to attend an authors’ workshop for the Oxford Handbook of Africa and Economics, at the National School of Development at Peking University. Alan, Christian, and I will discuss our ne...