This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of 1991 on economic performance. We do not find persuasive the contention of many analysts that growth accelerated after the mid-1980s when reforms were initiated. Nor does...

Prior research has demonstrated that financial aid can influence both college enrollments and completions, but less is known about its post-college consequences. Even for students whose attainment is unaffected, financial aid may affect post-college outcomes via reductions in both time to degree...

The creation of non-contributory pension schemes is becoming increasingly common as countries struggle to reduce poverty. Drawing on data from Mexico's Adultos Mayores Program (Older Adults Program) - a cash transfer scheme aimed at rural adults over 70 years of age - we evaluate the effects of...

This paper provides early insights into the labor market impacts of the ongoing Coronavirus 2019 (COVID-19) crisis in Bangladesh, with a special focus on three especially vulnerable areas: poor areas in Dhaka and Chittagong City Corporations and Cox's Bazar district. The authors build on...

Djibouti had its first confirmed case of Coronavirus (COVID-19) on 18 March 2020. As an early response, the government suspended all in and out international passenger flights on March 18, 2020, closed schools and universities, and ordered a general lockdown starting from March 27, 2020. As of...

This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional years spent in poverty (PY) are conservatively...