The Middle East and North Africa region have some of the best educated, unemployed people in the world. High-skill university graduates currently make up almost 30 percent of the unemployed pool …

Federica Saliola, Davida Connon |

Robert Allen’s recent AER paper on “Absolute Poverty: When Necessity Displaces Desire” is a fascinating read, on many levels. The paper uses linear programming (LP) to compute (four variants of)…

Francisco Ferreira |

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 |

Global economic growth is accelerating. After registering the slowest pace since the 2007-2009 financial crisis in 2016, global growth is expected to rise to a 2.7 percent pace this year and 2.9…

Ayhan Kose, Raju Huidrom, Franziska Ohnsorge, Naotaka Sugawara |

Love is supposed to be pure and unconditional. A recent study by Ginger Jin, Fali Huang and I suggests that love is complicated: the amount of love achieved may depend on whether you or your…

L.Colin Xu |

If the nation which has bestowed to the civilization such giants as Tchaikovsky and Shostakovich, Tolstoy and Bulgakov could manage its economy as splendidly and robustly as its culture, Russia…

Grzegorz W. Kolodko |