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VoxDev Development Economics

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VoxDev Development Economics
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  • S6 Ep23: Why we need to invest in foundational learning
    It was almost business as usual at the Education World Forum in London last month. At the world’s largest annual gathering of education and skills ministers, this year’s theme was & "Building stronger, bolder, better education together." But the context was far from routine. The conference took place against a backdrop of global funding cuts to education programmes—the Institute for Economics and Peace estimates that more than 35 million children around the world depend on foreign aid for their basic education. How can policy be strong, bold, or better in the face of these cuts? Ben Piper, Director of Global Education at the Gates Foundation and a panellist on the Global Education Evidence Advisory Panel (GEEAP), was at the conference, meeting education ministers and discussing these problems with them. He tells Tim Phillips that, at a time when funding is scarce, foundational learning projects deliver cost-effective results for policymakers, and huge benefits for children. Read the full show notes here: https://voxdev.org/topic/education/why-we-need-invest-foundational-learning
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  • S6 Ep22: Understanding Brazil’s falling income inequality
    From Brazil, we bring good news for poverty reduction: Brazil’s formerly sky-high wage inequality is not quite so sky-high anymore. From 1995 to 2015 Brazil became a more equal society, a trend that contrasts with rising inequality during that time in high-income countries. A soon-to-be-published article in the Journal of Economic Literature reviews the research that estimates the reduction, discovers the factors that have contributed to it and the mechanisms that have driven it. Alysson Portella of Insper tells Tim Phillips why there is no silver bullet that policymakers can use to reduce inequality, and why both implementing and evaluating policies in Brazil can be even more challenging than in other countries. Read the full show notes on VoxDev: https://voxdev.org/topic/macroeconomics-growth/understanding-brazils-falling-income-inequality
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  • S6 Ep21: Can economists shape the future of AI?
    AI’s boosters claim that it is going to revolutionize growth in the developing world. The sceptics, many of whom are economists, point to a thin evidence base and the risk of unintended consequences. This is not an easy question to research, not least because the underlying technologies are literally changing by the day, while the pace of academic research is often measured in years. One of those researchers is David Yanagizawa-Drott of the University of Zurich. We spoke to him about his hopes and fears for AI, how he keeps his research relevant, and how economists can influence the future applications of AI. The Social Catalyst Lab: https://socialcatalystlab.org/
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  • S6 Ep20: How does social media influence conflict?
    The Reducing Conflict and Improving Performance in the Economy (ReCIPE) programme was established in April 2024 as a CEPR research initiative to provide a better understanding of the links between conflict, economic growth, and public policies. One of its themes is the link between conflict and hate speech, social media use, media bias, and propaganda. We need to know more about how media has influenced violence, xenophobia, and recruitment for armed groups. Also, how we can use media sentiment to predict a rise in the risk of violence. Maria Petrova of the Barcelona School of Economics and Augustin Tapsoba of the Toulouse School of Economics are the theme leaders. They spoke to Tim Phillips about the challenges of researching the impact of media, especially social media, on conflict, and what recent research has discovered.
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  • S6 Ep19: Lovegrass Ethiopia: Building a business from the roots up
    As aid programs are cut across the developing world, the focus falls on what investors can do to help create economic growth. Someone who knows all about impact investing is Yonas Alemu, the founder of Lovegrass Ethiopia, which creates products from teff, a gluten- free grain that's native to Ethiopia and sells them across the world. Yonas abandoned a successful career in investment banking in London to create a business in the country of his birth. He spoke to Tim Phillips about how entrepreneurship can stimulate positive change across Africa and how negative stereotypes of Africa’s dependency on aid discourage investment. Read the full show notes: https://voxdev.org/topic/firms/building-business-roots-yonas-alemus-journey-ethiopian-entrepreneur Discover more about Lovegrass Ethiopia’s products and history: https://thelovegrass.com/
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