Illicit trade in tobacco products undermines global tobacco prevention and control interventions, particularly with respect to tobacco tax policy. From a public health perspective, illicit trade…

Sheila Dutta |

Rubens Donizeti Valeriano - Panamericano de MTB XCO 2014 - Barbacena - MG - Brasil. Photo: Daniela Luna Evidence-based rule-making for private sector development and service deliveryANNOUNCEMENT…

Jim Brumby |

First confession: I am a seasoned smoker. Next confession: I have long dreamed of adding “former” to that status. From time to time, my inner struggle reaches a crescendo, but then the momentum…

Vigen Sargsyan |

Photo credit: Dmitry Karyshev Armenia was faced with a slowing economy, sinking remittances, and inefficient tax administration. At the same time, ordinary taxpayers had to navigate arduous…

Julia Oliver, Maximilian Mareis |

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 |

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 |