Most of us are familiar with Benjamin Franklin’s observation that “In this world nothing can be said to be certain, except death and taxes.”  For many of us, we could also add physical disability…

Chris Bennett |

It has been almost four years since I first became involved with the regional public-private dialogue initiative, the Caribbean Growth Forum (CGF). In June 2012, I walked into the conference room…

Israel Mallett |

Following on my book review of Grit, Lee Crawfurd uses surveys from 10 developing countries to examine the correlations between grit and income, years of education, and learning outcomes  - and…

David McKenzie |

Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

There is a lot that development practitioners don’t know about the Pacific Islands. When it comes to the laws of these small island nations scattered throughout the ocean separating Asia and the…

Katrin Schulz, Yasmin Bin-Humam, Nayda L. Almodóvar-Reteguis., Paula Tavares, Isabel Santagostino |

Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |