Long Story Short: Poverty, Development & Coronavirus

Written by Ryan McGuine // Poverty and development are intimately related, and COVID-19 provides an example of that connection as it continues to spread worldwide, including to ill-prepared regions like South America and Africa. Combating poverty typically involves short-term, programmatic interventions, while promoting development usually consists of long-term, macro policies. These were long considered two … Continue reading Long Story Short: Poverty, Development & Coronavirus

Avoiding the Resource Curse

Written by Ryan McGuine // Economic history is full of countries with abundant stocks of natural resources exporting them to generate revenue. Famous examples include agricultural products in Latin American countries, oil in Persian Gulf countries, and minerals in African countries. Despite this, economic history is short on countries that have successfully converted natural resource … Continue reading Avoiding the Resource Curse

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

Written by Ryan McGuine // 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 … Continue reading The Randomistas Shouldn’t Rule, but They Needn’t be Renounced