Topic: Economics

I sat down (via Zoom) this week with one of the most interesting observers of China, Yuen Yuen Ang. Her ground-breaking new book, China’s Gilded Age (see my review here), discusses the links between corruption and China’s stellar rise – and the real history of corruption and capitalism. DG: China disproves everything we hear from Western political scientists. People like

A new book from Yuen Yuen Ang is always a cause for celebration. How China Escaped the Poverty Trap, is a brilliant application of systems thinking to the biggest development story of the last half century (review and podcast if you haven’t already digested it). Now she’s turned her attention to a massive conundrum and gaping hole in a lot

On the occasion of the “ILO Global Summit on COVID-19 and the World of Work” Oxfam’s Filippo Artuso, Iñigo Macías-Aymar, and Franziska Mager looked into what we know about the unequal impact of COVID-19 on workers, and how to rebuild fairer societies. The coronavirus pandemic and global lockdown measures have shone a light on pre-existing inequalities in labour markets. What

I recently skyped Deepak Nayyar, Professor of Economics at India’s Jawaharlal Nehru University (JNU) to discuss his new book, Resurgent Asia You start with an economist called Gunnar Myrdal, who 50 years ago wrote a book saying that Asia was doomed! Myrdal had a European perspective of Asia, with almost no history. For him, Asia began really at the end of

Guest post by Ken Shadlen of the LSE The Covid-19 pandemic has sparked a global race of public- and private-led research to develop vaccines and treatments. Will patents hinder access to the products it generates? My summary? With regard to treatments (the dynamics around vaccines may differ), access problems will mainly affect middle-income countries. While low-income countries will likely receive

The Covid pandemic is bound to be a game-changing critical juncture for some issues in some places – maybe in all places, who knows. But what kind of transformations and how soon will we know? The problem with detecting these kinds of ‘weak signals’ is that our heads and organizations are already full of noise – especially the noise of

No excerpt

As part of their Masters in International Development and Humanitarian Emergencies, LSE students do a consultancy for aid agencies and others. Here Chiara Jachia, Natalie Schwarz, Hanna Toda and Anjuman Tanha discuss the Covid implications of their consultancy on Informal Social Protection. Oxfam’s Larissa Pelham (contact larissa.pelham[at]oxfam.org if you want to know more about its work) introduces their project: ‘Informal

Guest post by Sally Torbert of the International Budget Partnership, who has a very different take on how to tackle Covid Corruption from yesterday’s post by Mushtaq Khan and Pallavi Roy Vast sums of public money are being mobilized and diverted to fund COVID-19 emergency measures. Governments need to identify, approve, and implement emergency funding urgently. While speed does not

Guest post by Mushtaq Khan and Pallavi Roy of the SOAS Anti-Corruption Evidence Consortium (SOAS-ACE) Why the COVID-19 response is undermined by corruption ‘Flattening the curve’ and lockdowns have sadly become part of our new vocabulary. That this is not just about limiting patient numbers temporarily but primarily about using the opportunity to scale up COVID-19 testing and treatment capacities

This blog’s #PowerShifts project is now on Instagram Debt crisis update: The Economist’s table of 4 risk factors in 66 developing countries. Highest combined risk = Venezuela, Lebanon, Zambia, Bahrain, Angola. The Economic Impact of COVID-19 around the World. Excellent round up of the latest analysis from David Evans (aka the Great Summarizer) and Amina Mendez Acosta Tanzania’s gamble: ‘In contrast to

No excerpt