Amid the recent rise of populism and protectionism, the labor market implications of trade have increasingly moved to the center of political and economic debates. Autor et al (2013), in an…

Ha Minh Nguyen |

In chapter 1 of book 1 of Adam Smith’s foundational economics book, The Wealth of Nations, he explains the concept of the division of labor. He uses the example of a pin factory.   To take an…

David Evans |

South Asia’s growth prospects appear robust, with household consumption expected to remain strong, exports expected to recover, and investment projected to revive with the support of policy…

Temel Taskin |

“If you cannot measure it, you cannot improve it” Lord Kelvin   Despite the recent proliferation of standardized testing in education, there is still a significant number of countries that oppose…

Rafael de Hoyos |

Around 250 million migrants currently live outside their countries of birth, making up approximately 3.5 percent of the world population. Despite the widespread perception of a global migration…

Caglar Ozden |

What would bring together the China trade shock, road blocks in the West Bank, and the Belt and Road initiative? The 6th Annual IMF-World Bank-WTO Trade Research Conference, at which staff of the…

Ana Fernandes, Aaditya Mattoo |

“Test and punish”? There’s a debate raging in American schools today: how (and how much) should children be tested? The No Child Left Behind (NCLB) Act created a system where all children in all…

Rafael de Hoyos, Peter Holland |

We know that fiscal policy can be harnessed to reduce inequality in low- and middle-income countries, but until now, we knew less about its ability to reduce poverty. Our recent volume looks at…

Gabriela Inchauste, Nora Lustig |

Emerging economies are routinely affected by monetary policy announcements in the US. This was starkly evident on May 22, 2013, when Federal Reserve Chairman Ben Bernanke first spoke of the…

Poonam Gupta, Oliver Masetti, David Rosenblatt |

Trade growth has slowed sharply since the 2007-2009 financial crisis. An analysis of U.S. trade data shows that trade between unaffiliated firms (arm’s-length trade) – as opposed to trade between…

Franziska Ohnsorge, Csilla Lakatos |