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The cross-country convergence hypothesis is one of the central topics of long-run macroeconomics. This paper revisits this hypothesis in a context beyond GDP. It uses a novel welfare index that incorporates measures of consumption, leisure, life expectancy, and inequality. Based on a sample of...
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The impact of artificial intelligence (AI) on business, government, and society is getting more attention. The leading AI sectors have higher productivity but a lower share of GDP than those lagging in digitization and AI. There is a technological gap, with still unknown consequences concerning...
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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...
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