The Policymaker’s Trilemma

2021-05-14T13:01:37-04:00May 12, 2021|

By Abebe Aemro Selassie and Andrew Tiffin

中文, EspañolFrançais日本語Português, Русский

Imagine you’re a policymaker in sub-Saharan Africa. You’ve been charged with lifting your country out of the worst health crisis in living memory, and nobody around you knows when it will end—the second wave that gripped the region earlier in the year has eased, but many countries are nonetheless bracing for further waves as winter approaches. […]

Window for Change

2020-12-01T12:23:40-05:00December 1, 2020|

By Gita Bhatt

There are decades where nothing happens, and there are weeks where decades happen. This saying could not be more apt today. The pandemic—which has disrupted the world in profound ways—has prompted countries to roll out significant policy changes that might otherwise have taken years. It has also sped the arrival of technologies and new ways of working and learning, moving us almost overnight into a new era. […]

How COVID-19 Will Increase Inequality in Emerging Markets and Developing Economies

2020-10-30T15:49:14-04:00October 29, 2020|

By Gabriela Cugat and Futoshi Narita

عربي, 中文, Español, Français, 日本語, Português, Русский 

Emerging markets and developing economies grew consistently in the two decades before the COVID-19 pandemic hit, allowing for much-needed gains in poverty reduction and life expectancy. The crisis now puts much of that progress at risk while further widening the gap between rich and poor.

Despite the pre-pandemic gains in poverty reduction and lifespans, many of these countries have struggled to reduce income inequality. At the same time, they saw persistently high shares of inactive youth (i.e., those not […]

The Declining Fortunes of the Young

2020-02-27T08:30:27-05:00February 27, 2020|

By Era Dabla-Norris , Carlo Pizzinelli, and Jay Rappaport

Will I do as well as my parents?

A positive answer to this question once seemed a foregone conclusion; now, for recent generations, less so. Despite being more educated than their parents, millennials—those born between 1980 and 2000—may have less job stability during their working life. Concerns that it might be more difficult to break into the middle class, or to have enough retirement savings, are also rising to the fore in policy debates in many advanced economies. […]

Fiscal Policies For Women’s Economic Empowerment

2020-02-19T15:04:00-05:00February 18, 2020|

By Stefania Fabrizio, Daniel Gurara and Lisa Kolovich

Making sure that opportunities to enter the workforce are fair and rewarding for women benefits everyone. Yet, the average female workforce participation rate across countries is still 20 percentage points lower than the male rate, largely because gender gaps in wages and access to opportunities, such as education, stubbornly persist. […]

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