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 |

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 |

This page in: Français Across European countries, women continue to earn less than men. Looking at data for full-time working women across 30 countries, we find that women would have needed an...

Gabriela Inchauste, Ana Maria Munoz-Boudet, Paola Buitrago Hernandez |

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 |

In The Godfather II, Vito Corleone chooses his younger son, Michael, instead of his older son, Fredo, as his successor. This decision is based on Michael's intelligence and ability. Fredo,...

Shwetlena Sabarwal, Malek Abu-Jawdeh |

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 |