Since the Great Depression of the 1930s, and through the more recent Asian Crisis of 1997 and Great Recession of 2008/09, governments have experimented with Keynesian style fiscal stimulus to support employment and accelerate economic recovery. The effectiveness of these policies depends on the...

The COVID-19 pandemic is posing unprecedented challenges, making it difficult for policy makers to design appropriate policies. In this context, real-time information can play a most valuable role for policy makers in developing countries, particularly since official economic indicators, such as...

Meeting the dual challenge of providing reliable and affordable energy and transport to a growing population while reducing environmental impacts, including mitigating greenhouse gas emissions, requires a deep understanding of both the unit- and system-level responses. These responses arise from...

The COVID-19 pandemic has been posing unprecedented challenges for the transport sector. Urban travel has declined all over the world, but not uniformly for all modes; public transportation has taken the hardest blow. As a result, there has been a widespread reduction in public transport...

Given the chronic power shortages faced by numerous developing countries, and the need everywhere to keep pace with demand, understanding the drivers of public private partnerships (PPPs) in energy is critical. While many private electricity projects have been delayed and financing costs have...

It is widely accepted that the costs of under-pricing energy are large, whether in advanced or developing countries. This paper explores how large these costs can be by focussing on the size of the external effects that energy subsidies in particular generate in two important sectors –...

A companion volume to the International Handbook on the Economics of Corruption published in 2006, the specially commissioned papers in Volume Two present some of the best policy-oriented research in the field. They stress the institutional roots of corruption and include new research on topics...