economic development

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...

The global environment for development has changed, so development policies should change too. This podcast looks back at predictions from 2018, and discusses what the current geopolitical situation means for future growth policy.

Members of the 'Network of Chief Economists of Development Agencies and Finance Institutes' explore how we can unlock progress on the big issues for global development in 2025.

What is the pathway to development in a world marked by rising economic nationalism and less international integration?

There is a strong negative relationship between income and gender education gaps, a phenomenon that persists despite widely varying gender norms across countries

What have economists learnt about using industrial policy to promote economic development?

Evidence from the Jobs of the World Project shows that as countries develop they undergo three broad transformations in the organisation of labour: the marketisation of work, the emergence of wage work, and the fractionalisation of labour into specia...

Evidence from Mexico shows how migrants can foster local economic development after returning to their countries of origin

Welfare gains from trade openness are dependent on whether trade results in a reallocation of resources towards or away from distorted sectors