My colleague and I just had our study published. The study discusses the association between household exposure to negative shocks and social safety net program participation in Ghana. To examine this issue, we link data from high-resolution geospatial maps of drought and flood risks to government administrative data on safety net program beneficiaries at the district level. We find that drought risk is positively associated with household participation in selected, main public social safety net programs. (The corresponding evidence for flood risk is weaker). We interpret the finding to be a result of pre-shock program coverage of drought-prone areas, in part achieved indirectly through the intentional targeting of poor areas by the programs.
Malaysia at a Crossroads: Diagnosing Constraints to High-Income Status In 2008, Malaysia was recognized by the Growth Commission – a distinguished panel comprising 2 Nobel Prize Winning Economists and other leading development practitioners – as one of thirteen countries that sustained high growth in the post-war period. The 30-year stretch that caught the attention of the Growth Commission was between 1967 and 1997 when Malaysia grew at an average of 7.3% per year. This long stretch of growth was interrupted by periods of external shocks including the Volcker shock of 1986, the Asian Financial crisis in 1997/8, later the so-called Dot Com Bubble of 2001, and more recently the Global Financial Crisis of 2008. Despite these shocks, Malaysia remained resilient - formally earning the title "Upper Middle Income Country" in 1992. (See summary figure that breaks down the country's per capita growth story). As...
Comments
Post a Comment
Constructive feedback is always welcome. Thank you