Springtime in Washington D.C. brings out the cherry blossoms and a surge of tourists — along with the recurring game of chicken over the federal debt ceiling.
The global economy has witnessed great economic volatility in the first two decades of the 21st century.
This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt distress.
The authors emphasize that the world urgently requires trillions of dollars to invest in climate action and biodiversity protection to keep the global temperature rise below 1.5°C and to help countrie
This paper develops a new econometric framework to estimate and classify exchange rate regimes.
Private schools provide affordable education in low-income countries. Yet, they often face higher closure rates, leading to disruption for students.
We estimate the equilibrium effects of a public school grant program administered through school councils in Pakistani villages with multiple public and private schools and clearly defined catchment b
As a member of the Clinton administration in the Commerce Department from 1997 to 2001, I participated in achieving that rare balanced budget and understand the obstacles to delivering a repeat perfor
Concerns about fraud in welfare programs are common arguments worldwide against such programs.
In testimony before the Alyce Spotted Bear and Walter Soboleff Commission on Native Children on December 15, 2022, Joseph Kalt, Ford Foundation Professor of International Political Economy, Emeritus t
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