Understanding the value of the externalities associated with a technology is crucial to correctly estimate the welfare benefits of public policies and investments. Suboptimal adoption rates of agricultural technologies in low-income countries partly result from farmers not fully internalizing...

This study examines the impact of the abrupt suspension of African Growth and Opportunity Act benefits on exports from eligible African countries. The study uses a triple difference-in-differences estimation that controls for both country- and product-level export changes. The results suggest...

On current trends, the future of global poverty reduction will be determined by Sub-Saharan Africa. Yet even during Sub-Saharan Africa's period of high economic growth - roughly corresponding to the first decade and a half of the 2000s - the extent to which this growth translated into improved...

'The Commons' explores the many forms of development being championed by Africa's residents, users, and citizens. In addition to managing property and shared tangible and intangible resources collectively, communities are experimenting with a concept of 'commoning' founded on values such as...

In today's global environment, countries face various shocks, such as natural hazards, economic and health crises, conflict, violence, and forced displacement. Disasters triggered by natural hazards cause billions of dollars in damage per year, and these disasters, and their costs, are...

This paper reviews the main transmission channels of an environmental tax reform shifting the tax burden from labour to carbon emission. The analysis uses a simple open-economy macro model and estimates dynamic environmental tax as well as personal income tax multiplier effects on output and...

The Government of Indonesia's (GoI) National Plan of Action on Marine Plastic Debris (NPOA-MPD 2017-2025) outlines the ambitious objective to reduce marine plastic debris by seventy percent by 2025. Abandoned, Lost and Discarded Fishing Gear (ALDFG) is considered to be a major component of...

This paper investigates the similarities between the economy of 1912 Mount Lebanon on the eve of the famine of 1916 and the economy of 2004 Lebanon that set the stage for the major economic and social crisis of 2019. A simple general equilibrium simulation shows that, as long as the Lebanese...

The household welfare gains from financial inclusion are empirically elusive. This paper establishes that household welfare gains from a financial technology are equal to the area under dynamically compensated demand in a household model with incomplete financial markets, and general technology,...

This report is the result of an extensive information-gathering exercise, which included a literature review, several online surveys, interviews with stakeholders, and the development of case studies. Targeted stakeholders were drawn from various parts of the hydropower sector and included...