Archive for October 21, 2019
Required Reading: “Social Welfare and the Tradeoff Between Efficiency and Equity”
In the second of a two-part series, this article on social welfare considers cross-country differences in the effect of taxation on labor supply. It has been assigned as reading for “Public Economics,” a core course taught in the fall.
Read MoreFoundational Article: “Rethinking the Growth Diagnostic Approach”
Growth diagnostics attempts to determine what particular factors are inhibiting a country from achieving a higher growth rate. This report by Felipe and Usui first delves deeper into that definition, and then analyzes the limitations and the advantages of growth diagnostics, as well as providing some practical advice for donor agencies about the potential pitfalls.
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