Economic Development
Democracy and Economic Growth: New Evidence
Democracy sees higher GDP due to greater civil liberties, economic reform, increased investment and government capacity, and reduced social conflict.
This post originally appeared...
Industrial Policy Is a Verb
Critics of industrial policy claim that state interventions into the market lead to inefficient subsidies, protectionism, or the “picking of winners.” Kartik Akileswaran and Rohan Sandhu argue that when industrial policy is instead viewed as an iterative, dynamic process between the private and public sectors, and undergirded by the state's capacity to play this role, it leads to a more sophisticated understanding of industrial policy’s manifold historical manifestations and benefits.
Mobile Internet Is Changing Employment in Developing Countries, but Not Always as Expected
Scholars and policymakers have put much faith into the prospect of internet connectivity catalyzing development in low- and middle-income countries. In new research, Pinelopi...
What Are They Hiding? What Firms Don’t Want Us to Know About Their Economic Development Incentives
State and local governments offer firms all kinds of incentives in hopes of spurring local economic development. New research finds that a specific group...
Why Competition Law Is So Important for Developing Countries
Competition contributes to economic growth, and promoting competition law enforcement will enhance the growth prospects of developing countries. However, developing countries ought to tailor...
Tailoring Lockdowns for Developing Countries
The Covid-19 pandemic has decimated livelihoods in developing nations, and coronavirus-related deaths are rising in Africa and South Asia at an alarming rate. How...
Economics Podcast Recommendations: Esther Duflo on Poverty, James Robinson on Development, and Cesar Hidalgo on Chile
ProMarket’s picks for the best podcasts covering economics, finance, and political economy.
HBR Ideacast: Esther Duflo
In this episode of the Harvard Business Review's weekly HBR...
The Future of Capitalism and the Utopia That Never Was
In his review of Paul Collier’s recent book The Future of Capitalism, Branko Milanovic discusses ideology, social democracy, and the "ethical world."
Paul Collier’s...
Prize-Winning Innovations in Measuring Civic Capital and Its Effects
The European Economic Association has announced that this year’s Hicks Tinbergen medal will go to ProMarket editor and Stigler Center faculty director Luigi Zingales...
