Rabah Arezki, Patrick Bolton, 21 April 2021

Ensuring that developing countries remain able to access credit markets is vital for promoting growth and recovery post-pandemic. This column argues that urgent efforts by major economies to support regional development banks and preserve their financial standing will help limit the cost of rebuilding after the crisis, in turn helping preserve international capital markets in the short and medium run.  

Ila Fazzio, Alex Eble, Robin Lumsdaine, Peter Boone, Baboucarr Bouy, Pei-tseng Jenny Hsieh, Chitra Jayanty, Simon Johnson, Filipa Silva, 16 December 2020

Achieving universal basic literacy and numeracy has long been a policy goal for development agencies working in areas of extreme poverty. This column presents evidence from a bundled intervention in rural Guinea Bissau which suggests that targeted education policies can have substantial positive effects on children’s schooling outcomes. Such policies could play a key role in helping people ‘escape’ the poverty trap, as the education gains from such interventions elevate local children’s attainment levels far beyond those found in neighbouring areas.

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