LTD Editors's blog
‘Conversable Economist,’ the blog of the Journal of Economic Perspectives, has a post by Timothy Taylor titled ‘Focusing Behavioral Economics on Development Professionals’ that reviews the WDR 2015.
David Brooks of the NYT opines about the new WB report in ‘In Praise of Small Miracles’ and from the tone of the comments his enthusiasm for ‘Mind, Society, and Behavior’ has ruffled the feathers of conservatives and liberals alike.
Calestous Juma, Harvard Kennedy School professor, writes in The Guardian about how the private sector can be harnessed to ensure that Africans take responsibility for their development. He argues that, to fight a 'public bad' like Ebola, the AU and the private sector can serve as much-need organizing forces.
Kaushik Basu, Barry Eichengreen, and Poonam Gupta have written a new column titled “From tapering to tightening: The impact of the Fed’s exit on India,” which describes the impact of the US Fed’s tapering on India.
A new paper by Gbemisola Oseni, Kevin McGee, and Andrew Dabalen examines the determinants of agricultural productivity and its link to poverty using nationally representative data from the Nigeria General Household Survey Panel, 2010/11.
The World Health Organization (WHO) said today that it was sending more experts to help Mali fight Ebola, a day after the first case of the disease was confirmed there. Read more.
Martin Edlund, CEO of Malaria No More, writes in Devex.com about the big role cell phones can play in eliminating malaria, refering to it as a 'Swiss Army knife' for the disease.
A new working paper by Shahe Emran and Forhad Shilpi looks at the impact of increased agricultural productivity (e.g. through increased rainfall) on hired labor, wages and poverty. The paper finds a positive response of labor hours devoted to market activities as opposed to home production. Evidence also indicates that a positive rainfall shock increases per capita consumption significantly, thus implying that agricultural productivity increase played an important role in poverty reduction achieved in the last two decades in rural Bangladesh.
Today is the International Day for the Eradication of Poverty, and the theme for this year is 'Leave no one behind: think, decide and act together against extreme poverty.' Learn more, and follow on Twitter #endpoverty.
As the editors of Let's Talk Development, we want to respond to questions raised recently in social media channels about use of 2011 International Comparison Program (ICP) as well as during events and discussions about poverty and measurements during the Annual Meetings of the World Bank and IMF last week.
The World Bank currently uses an international poverty line of $1.25 (per person per day) in 2005 prices to monitor global poverty. The process draws on several data sources, including the ICP. The most recent global and regional poverty estimates cover the period 1981-2011 and are available from the recently updated Povcalnet database; they are based on data from well over 1,000 household surveys, covering nearly all developing countries. The latest estimates have been published and explained in both the recent Policy Research Report and the Global Monitoring Report, published last week.