In April, PovcalNet revised the World Bank’s global and regional poverty estimates from 1981 to 2013. The next major update of global and regional poverty estimates is scheduled for October 2018,…

Christoph Lakner, Joao Pedro Azevedo, Daniel Mahler, Espen Beer Prydz |

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 |

“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 |

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 |

Inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly…

Roy Van der Weide, Gustavo A. Marrero, Juan Gabriel Rodríguez |

In the ongoing debate about the benefits of trade, we must not lose sight of a vital fact. Trade and global integration have raised incomes across the world, while dramatically cutting poverty and…

Ana Revenga, Anabel Gonzalez |