This paper investigates the reason why Korea's export suddenly and rapidly expanded in the early 1960s. By doing so, it hopes to throw light on the unresolved issue, whether it was market-liberalizing or interventionist policies that explain Korea's rapid growth and industrialization. Evidences...

Inclusive development is a key policy priority since growth processes have not always helped lowerincome groups. Innovation is a major driver of growth and its relationship with inequalities in income and opportunities raises some important policy questions: Do innovation and the resulting...

We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative parenting styles (related to Baumrind 1967). Parents maximize an objective function that combines Beckerian and paternalistic altruism towards children. They can affect their...

This paper provides a unique data set on local governance. This dataset measures government decisionmaking at the local level, i.e. the level of government closest to the people. By contrast, the existing literature has focused on decisionmaking at the "sub-national" level. The data set covers...

We quantify the link between the timing of state-level implementations of political reservations for women in India with the role of women in India’s manufacturing sector. While overall employment of women in manufacturing does not increase after the reforms, we find significant evidence that...

Parents preferring sons tend to go on to have more children until one or more boys are born, and to concentrate investment in boys for a given sibsize. Therefore, having a brother may affect child outcomes in two ways: indirectly, by decreasing sibsize, and directly, where sibsize remains...

Poverty is typically measured in different ways in developing and advanced countries. The majority of developing countries measure poverty in absolute terms, using a poverty line determined by the monetary cost of a predetermined basket of goods. In contrast, most analyses of poverty in advanced...

Financing from institutional investors will be critical to achieving the sustainable development goals and curbing climate change. However, these large investors have been largely absent from multilateral initiatives to mobilise private capital. Partly as a result, such initiatives have been...

The coronavirus (COVID-19) crisis provides a new context for donors to assess the relevance of guarantees in addressing challenges linked with a sustainable recovery. The paper argues there may be significant scope for more and better use of guarantees to build back better in response to the...

Le Sahel et l’Afrique de l’Ouest continuent de faire face à d’importants défis sur la voie de l’égalité des sexes et de l’autonomisation des femmes. De nombreux progrès ont certes été réalisés sur le plan de la santé et de l’éducation des femmes et des filles de la...