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Displaying 28-36 of 242 results

A Market-Based Solution for Fire Sales and Other Pecuniary Externalities

In economies with a continuum of agents of different types, pecuniary externalities are removed with market exchanges.

Journal Article
1 Jan 2020

Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and Inequality

A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium.

Journal Article
1 Jan 2020

Eight Things Development Professionals Should Know about Foreign Direct Investment

Although global flows of foreign direct investment (FDI) have not recovered since the 2008 financial crisis, flows to developing countries have continued to register a very modest growth. But what is the impact of these FDI inflows on the recipient developing economies?

Synthesis Paper
5 Dec 2019

Competition and the Welfare Gains from Transportation Infrastructure: Evidence from the Golden Quadrilateral of India

A significant amount of resources is spent every year on the improvement of transportation infrastructure in developing countries.

Journal Article
1 Dec 2019

Wage Fariness in a Subcontracted Labor Market

Labor market subcontracting is a global phenomenon. Basu et al.

Journal Article
30 Nov 2019

Lights Off, Lights On: The Effects of Electricity Shortages on Small Firms

Entrepreneurs in developing countries report that unreliable electricity imposes a serious constraint, yet little evidence exists on how blackouts impact the micro-firms that account for the majority of employment.

Journal Article
9 Nov 2019

Measuring Hospitals Performance: Applying the Management Approach in Nepal

The paper, by Adhikari and Sapkota (2018), has twofold objectives: to measure management practices from the employer perspective of both public and private hospitals of Nepal, and to explore the relationship between management practices and output indicators of the ho

Journal Article
1 Nov 2019

Crony Capitalism, Collective Action, and ICT: Evidence from Kenyan Contract Farming

The shift from subsistence to commercial economies creates surplus, but often induces conflict over it. Under extractive institutions and weak contract enforcement, crony capitalism may emerge and limit the benefits of modernization.

Working Paper
15 Oct 2019

Harnessing ICT to Increase Agricultural Production: Evidence From Kenya

Sending SMS messages with agricultural advice to smallholder farmers increased yields by 11.5% relative to a control group with no messages. These effects are concentrated among farmers who had no agronomy training and had little interaction with sugar cane company staff at baseline.

Working Paper
23 Sep 2019

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