Showing 1 - 10 of 31
The COVID-19 pandemic holds at least seven lessons for the relationship between data-driven decision making, the use of artificial intelligence, and development. These are that (1) in a global crisis, the shifting value of data creates policy pitfalls; (2) predictions of crises and how they play...
Persistent link: https://www.econbiz.de/10012268212
The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary threshold in per capita income but it does matter...
Persistent link: https://www.econbiz.de/10009752790
This paper outlines the contours of global economic development, since 1980, to analyse underlying factors and consider future implications. The increased economic significance of developing countries, reflected in their share of world output, manufacturing and trade, is striking. But...
Persistent link: https://www.econbiz.de/10011574134
Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a planned economy to a market economy at the end of 1978....
Persistent link: https://www.econbiz.de/10011894344
In this paper, we analyse the relationship between China's structural transformation and the inclusiveness of its economic growth. China's economy has undergone significant structural changes since it initiated the economic reforms in 1978. Economic activities have shifted from the...
Persistent link: https://www.econbiz.de/10012181039
This paper provides a preliminary assessment of COVID-19's impact on global poverty in the light of the IMF's April 2020 growth forecasts. The analysis shows that the pandemic will have dramatic consequences, eroding many of the gains recorded over the last decade in terms of poverty reduction....
Persistent link: https://www.econbiz.de/10012228066
The global spread of COVID-19 is one of the largest threats to people and governments since the Second World War. The on-going pandemic and its countermeasures have led to varying physical, psychological, and emotional experiences, shaping not just public health and the economy but also...
Persistent link: https://www.econbiz.de/10012233710
This paper investigates how persistent changes in trust caused by the Great Recession have affected how governments and citizens across Europe responded to the next global crisis: the COVID-19 pandemic. We show that increases in individualism and mistrust towards institutions caused by...
Persistent link: https://www.econbiz.de/10014335957
We study how the stringency of policy measures to counter the COVID-19 pandemic affects individuals' trust in formal institutions. Drawing on micro-level panel data from Germany spanning an 18-month period from the onset of the pandemic, we show that, on average, there is a pronounced negative...
Persistent link: https://www.econbiz.de/10014495832
What makes elites developmental instead of predatory? We argue that Mozambique's elite was developmental at independence 35 years ago. With pressure and encouragement from international forces, it became predatory. It has now partly returned to its developmental roots and is trying to use the...
Persistent link: https://www.econbiz.de/10008663003