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![LDC Future Forum in Helsinki 2024. Image: UN-OHRLLS](/sites/default/files/styles/teaser_150x200/public/Blog/Image/LDC-Future-Forum-2024-blog-cover-image.jpg?itok=MQtu9l2M)
The share of the least developed countries (LDCs) in global foreign investments is less than one percent. But positive developments have taken place—for example, the number of startup companies has increased. This information emerged at a forum held by the Ministry for Foreign Affairs of Finland and...
Blog
Launched in 2015 and completed in 2022, the Institutional Diagnostic Project aimed at identifying institutional factors that affect development, reforms that may help address existing institutional constraints, and factors that can preclude or enable these reforms.Using the motto ‘institutions...
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– The stumbling block to resilient growth and prosperity
When the question of creating good jobs and decent work in Africa arises, policymakers and development partners often focus on formalization. For decades, the discourse around informality has focused on how to transition informal workers to formal jobs. We have been considering formal and informal...
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Structural transformation involves the movement of workers from low-productivity sectors to high-productivity sectors. It has historically been associated with a shift from agrarian economies to more industrial economies based around urban areas, as seen in many Western nations as well as the...
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Simon Kuznets’ pipe dream was to have economic inequality data that rarely existed when he was writing. What are the pipe dreams of today’s development economists? How about a rigorous development economics book, or set of books, you could read in a spare hour or two? A book that provides an...
Blog
According to the World Bank, Indonesia has reached the upper-middle income status in 2019 after spending almost two decades in the lower-middle income country group. Despite the setback of COVID-19 the Indonesian government aspires to become a ‘developed’ country by 2045, when the country will...
Blog
– A curse or a blessing?
Much has been written on India as an outlier in Global Value Chains (GVC). Despite being one of the largest and fastest-growing markets located in direct proximity to ‘Factory Asia’ (Baldwin, 2008), India is documented to have low participation in global networks, especially amongst South Asian...
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– Three lessons to inform next steps
At the start of the last decade, Mozambique’s prospects looked stellar. Following from the early 1990s, when peace finally arrived after a devastating and protracted armed conflict, this vast country in Southern Africa could look back proudly on a sustained period of rapid growth and poverty...
Blog
The COVID-19 pandemic has wreaked havoc on the global economy, with world output contracting at 3.5% in 2020, and no recovery likely before the fourth quarter of 2021. Similar to other developing regions, sub-Saharan Africa recorded a 2.6% decline, following strong growth of 3.2% in 2019...
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On 17 February 2021 the Groningen Growth and Development Centre (GGDC) and UNU-WIDER Economic Transformation Database (ETD) will be launched. The new database provides crucial information on changes in the economic structure of economies across Africa, Asia, and Latin America. Preliminary findings...
Blog
Director of UNU-WIDER, Professor Kunal Sen is a world leading expert in development economics and led on ESID’s research into economic growth. In this blog he outlines some of our main findings and positions on the value and drivers of economic growth, based on nearly a decade of research. You hear...
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Policy makers seeking inclusive growth frequently face the developer’s dilemma between prioritizing structural transformation, which is potentially inequitable, and keeping a check on rising economic inequality. How this dilemma is resolved by different countries and what factors influence the...
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Technological catch-up is bringing new asynchronies to development pathways. What does this mean for employment, globalization, and inequality? A chapter in the volume The Developer’s Dilemma, which traces trends of structural transformation, offers a framework for understanding the emerging global...
– Global versus regional value chains
As COVID-19 ravages international trade and production, policy-makers are shifting their sights from global value chains (GVCs) to regional value chains (RVCs) as pathways to industrialization. This blog presents evidence from the textiles and apparel sector in Tanzania, which shows that while GVCs...
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– Letter from the Director
2020 promised to be a big year for UNU-WIDER, with the celebration of our 35th anniversary, the 45th birthday of UNU, and 75 years of the UN. But as the year began, our focus quickly shifted away from celebrations and towards the more pressing concerns of an unprecedented global pandemic. The moment...
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– What would the pioneers of development economics make of new trends in developing economies?
Today, we see clear trends in developing countries of a potentially troubling ‘new normal’ for economic development. We see tertiarization with rising inequality. We see urbanization without growth. And we see the expansion of the globally-integrated sector of the economy with little direct job...
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– FP2P Podcast and transcript
Duncan Green: I recently skyped Deepak Nayyar, Professor of Economics at India’s Jawaharlal Nehru University (JNU) to discuss his new book, Resurgent Asia. From Poverty to Power · Deepak Nayyar Podcast You start with an economist called Gunnar Myrdal, who 50 years ago wrote a book saying that Asia...
Blog
– My experience as a visiting PhD Fellow
I am now in my fourth year as a PhD student in development studies at SOAS, University of London, working on my thesis, ‘The Dynamics of Chinese Private Outward Foreign Direct Investment in Ethiopia: A Comparison of Light Manufacturing Industry and Construction Material Industry’. This PhD journey...
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– Completing a trilogy on Asia’s transformation
Deepak Nayyar — economist, thinker, leading scholar — has written yet another splendid book. Resurgent Asia: Diversity in Development, together with the excellent Asian Transformations: An Inquiry into the Development of Nations (2019), recently edited by Nayyar, and an earlier path-breaking book...
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The award of the 2019 Nobel Prize in Economics to Abhijit Banerjee and Esther Duflo of MIT, and Michael Kremer of Harvard University, has led to a flurry of blogs and op-ed pieces. Some of these have rightly been congratulatory of the Nobel Committee’s decision to award the Prize to a set of...
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In 1820, Asia accounted for two-thirds of the world’s population and more than one-half of global income. The subsequent decline of Asia was attributed to its integration with a world economy shaped by colonialism and driven by imperialism. By the late 1960s, Asia was the poorest continent in the...
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The World Bank recently estimated that two-thirds of all jobs in developing countries are at risk of automation. This shocking statistic raises an important question: ‘What can policy makers do to prepare for this tech revolution?’ From 11-13 September UNU-WIDER hosted our 2019 WIDER Development...
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– Reflections on my first six months as Director
My first six months as Director of UNU-WIDER have been busy, enlightening, and rewarding. We’ve launched a new work programme, with flagship projects focused on a cohesive research base addressing key SDGs; I’ve also worked on fostering partnerships to cement the Institute’s place as a valuable...
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As the largest economy in sub-Saharan Africa, South Africa’s successes and failures spill over into the broader region. Today, as South Africans face high unemployment and a sluggish economy, policymakers are wrestling to create success through solutions that will quell rising public debt, overcome...
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Income inequality is the result of complex processes with multiple interacting driving forces but understanding those drivers in emerging economies is particularly difficult because of data and analytical challenges. While most middle-income countries produce comprehensive household surveys these...
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– Five key policies assessed
When Narendra Modi became India’s prime minister in spring 2014 the Indian economy was in the doldrums. There was a clear policy paralysis in India’s central government, in large part due to the high profile corruption cases that involved the central government bureaucracy and politicians at the...
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In many less developed countries, there is little problem identifying the need for public investment in programmes aimed at improving things such as infrastructure, health and education. The problem comes in delivering them. An important factor in whether these kinds of programmes are successfully...
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I am delighted to take the helm at UNU-WIDER, an institution which has been associated with some of the most advanced thinking in development economics. UNU-WIDER has combined outstanding research with sustained policy engagement on some of the most pressing concerns affecting the living standards...
Blog
Mozambique is still an agriculture-based economy. Huge offshore gas fields have been discovered in the country and plans for gas projects are in the process. However, one day the gas explorations will come to an end. What does this mean for the rest of the economy? On 28 November, our Inclusive...
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During the past week, I participated in two international conferences. The first was the WIDER Development Conference in Helsinki: Think development - Think WIDER. The second was in Kigali: Transforming Rwanda: Industrial Policy for the Next Decade, which was convened by Rwanda’s Minister of Trade...
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What do we talk about at a conference on development economics? Well, robots, rockets, and space, of course. 13 September through 15 September 2018, UNU-WIDER hosted the Think development - Think WIDER conference in Helsinki, Finland. Over three days, participants from fifty-nine countries gathered...
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Baseline Survey on the School-to-Work Transitions of University Graduates in Mozambique will be launched on 4 September. This baseline survey is part of a larger study that will improve our understanding of the labour market position of higher education graduates in Mozambique. The information is...
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