The Randomistas Shouldn’t Rule, but They Needn’t be Renounced

In August, Martin Ravallion wrote a working paper for the Center for Global Development titled Should the Randomistas (Continue to) Rule? questioning the wisdom of allowing proponents of randomized control trials (RCTs) to dictate the development research agenda. This came after a collection of 15 renowned economists wrote an open letter criticizing development buzzwords, including … Continue reading The Randomistas Shouldn’t Rule, but They Needn’t be Renounced

Defining Development

The term "development" generally refers to the level of well-being that people enjoy, but quantifying well-being is not an easy thing to do. The traditional, and still most commonly-used, way to measure and compare levels of well-being across countries is personal income — gross national income (GNI) per capita. A country’s GNI is the value … Continue reading Defining Development