Macroeconomics and Growth
Recorded Webinar: The Economic Implications of Covid-19 with Raghuram Rajan
Princeton’s Bendheim Center for Finance hosted Raghuram Rajan on Friday, July 24st for a discussion of the economic implications of Covid-19. Princeton’s BCF is running webinars on the evolving Covid crisis, and putting up its archives online, so check out their website to register for upcoming webinars.
Read MoreBlog: “Kremer’s O-ring theory of economic development”
Economist Jason Collins provides a short analysis of Michael Kremer’s 1993 paper on the “O-ring theory of development,” a suggestion for why development might break down when just one component fails.
Read MoreFull Article: “The O-Ring Theory of Economic Development.”
This article by Michael Kremer from 1993 draws a parallel from the spaceship Challenger, which exploded due to the malfunctioning of a single piece, to economic development.
Read MorePodcast: Vietnam’s Economic Revolution
In this episode of Dollar and Sense from Brookings, David Dollar interviews “one of the heroines of Vietnam’s economic reforms.” Madamae Pham Chi Lan is the former secretary general of Vietnam’s Chamber of Commerce and Industry. Here, she discusses Vietnam’s development to date and the next steps she sees the country needing to take.
Read MoreVox Executive Summary: “Measuring Economic Growth from Outer Space”
This article by Henderson, Storegard, and Weil, published in 2012, pioneered the use of satellite light data as an alternative measure for economic growth. This executive summary from Vox gives a synopsis of the larger paper.
Read MoreAudio: “Achieving Inclusive Growth in Asia”
VoxDev’s Tim Phillips talks with Yasuyuki Sawada, the Chief Economist of the Asian Development Bank (ADB), about how the objectives and challenges of the ADB have changed in the past half-century as Asian economies have developed and altered how they interact with the rest of the world.
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.
Read MorePodcast: Why Money Isn’t Enough to End Global Poverty
VoxDev sat down for a talk with Rohini Pande of Yale University to discuss the rise of extreme poverty in middle-income countries.
Read MorePodcast: “The Gap Between Macro Policy and Research”
VoxDev interviewed Bill Easterly of the NYU Development Research Institute about the direction development research has taken: has micro taken over? How should development economists think about macro research, and about translating that research into policy?
Read MoreVoxDev Podcast: Backlash Against Globalization
VoxDev talked with Pinelopi Goldberg, the current Chief Economist at the World Bank, about current trends and the backlash against globalization. To listen on the go, download the audio here through VoxDev.
Read More