Development

Reda Cherif, Fuad Hasanov, 16 June 2019

The 'Asian miracles' and their industrial policies are often considered as statistical accidents that cannot be replicated. The column argues that we can learn more about sustained growth from these miracles than from the large pool of failures, and that industrial policy is instrumental in achieving sustained growth. Successful policy uses state intervention for early entry into sophisticated sectors, strong export orientation, and fierce competition with strict accountability.

Leandro de la Escosura, 15 June 2019

The concept of human development views wellbeing as being affected by a wide range of factors including health and education. This column examines worldwide long-term wellbeing from 1870-2015 with an augmented historical human development index (AHHDI) that combines new measures of achievements in health, education, material living standards, and political freedom. It shows that world human development has steadily improved over time, although advances have been unevenly distributed across world regions.

Marcela Eslava, John Haltiwanger, Alvaro Pinzón, 09 June 2019

A key difference between more and less developed countries lies in the speed at which the average business grows over its life cycle. This column compares manufacturing firms in Colombia and the US, and concludes that average life cycle growth differences across countries with diverging income levels are largely driven by the superstars and the worst performers. Relative to the US, Colombia presents an overwhelming prevalence of microestablishments, a deficit of superstar plants, and less strict market selection pressure for underperforming plants.

Manzoor Dar, Alain De Janvry, Kyle Emerick, Erin Kelley, Elisabeth Sadoulet, 19 May 2019

Networks are important for transmitting knowledge among farmers, but it is not always easy or appropriate to identify the best farmers which whom to seed a new technology. The column shows that side-by-side demonstration plots for a new variety of rice are successful at inducing learning. This method makes it less important to identify the farmers best positioned to spread information and has the potential to target individuals who are not connected to influential farmers.

Philipp Ager, Benedikt Herz, 16 May 2019

The transition from high to low fertility rates is regarded as one of the most important determinants of sustainable long-run growth. But despite its importance, there is still an ongoing debate about its causes and timing. This column demonstrates that a sustained shift from agriculture to manufacturing contributed to the fertility decline in the American South at the turn of the 20th century. 

Other Recent Articles:

Events

CEPR Policy Research