The ECA diaspora can contribute to development
At approximately 46 million, the diaspora population originating from the ECA (Europe & Central Asia) countries is the largest of all the development regions. Over ten percent of the population of...
View ArticleAre migrants more likely than nationals to be unemployed during economic crisis?
There has recently been heated debate regarding migrant employment behavior in host countries during and after economic crises. The popular view is that migrants have an incentive to remain unemployed...
View ArticleRemittances in Europe and Central Asia (ECA): The medium term outlook is not...
Thanks to Dilip Ratha and his team at the World Bank, we have an update on global remittance trends. Since it came during Thanksgiving week in the US, some people may have missed interesting highlights...
View ArticleThe malaise of demographic dynamics in ECA: Is Migration a saving grace?
In the Europe and Central Asia (ECA), populations and labor forces are shrinking because of below-replacement-level fertility, aging populations and high dependency ratios, high mortality in much of...
View ArticleAfrica needs more knowledge not just more money and projects
It is now widely understood that achieving a sustained acceleration of GDP growth over the long term is a prerequisite for eradicating mass poverty. In most developing countries, fiscal policies,...
View ArticleKnowledge Delivery on Migration: Lessons from Europe and Central Asia (ECA)
The call for innovation in assembling and sharing global knowledge has become louder, since World Bank President Jim Kim’s assumption of office. Interestingly, however, there are many nascent and...
View ArticleEconomic Analysis and Knowledge Agenda: Keeping the World Bank Group at the...
Over the past sixty years, the World Bank has been at the forefront of economic analysis through the projects and programs it has designed and financed in the developing world. The robust economic...
View ArticleCan the quest for development effectiveness in Africa also unleash faster...
The quest for development effectiveness has been a learning process, both conceptually and empirically. One of the important outcomes of the process has been the emphasis on the notion that sustainable...
View ArticleAging: A problem in Africa as well?
Recently, while reviewing a document, I came across a statistic about age dependency* in the Republic of Mauritius. Mauritius already had an age dependency ratio of 10.9 in 2010 and this is projected...
View ArticleRealizing Africa's Youth Potential: Africa needs investors to create jobs for...
Africa is fortunate. Unlike more industrialized countries and even some industrializing countries like China, Africa is endowed with a much younger population. This could offer a tremendous...
View ArticleUnderstanding Europe’s immigrants’ challenge from the viewpoint of the bottom...
A recent Economist (April 25th, 2015) cover story on the “Europe’s boat people: A moral and political disaster ” (requires a subscription), refers to a critical global challenge of migrants and asylum...
View ArticleSustaining structural reforms in Africa in good and tough times
The recently-published Regional Economic Outlook for Sub-Saharan Africa (SSA) by the International Monetary Fund underscores the enduring view of international financial institutions that the depth,...
View ArticleWas the resource boom more akin to a resource curse for Africa?
The IMF’s Regional Economic Outlook (REO – April 2016) notes that the region’s dependence on primary commodities has increased since the 1980s with nearly half of the countries in the region subject to...
View ArticleTo create better jobs and opportunities, macroeconomic policies must bolster...
Many countries of the former Soviet Union rank highly in the Human Capital Index, thanks largely to long-term investment in education and health services.
View ArticleHow to avoid scarring fiscal impacts of the pandemic in emerging Europe and...
Everyone wants a quick recovery from the COVID-19 economic crisis. This crisis has hit the transition economies of emerging Europe and central Asia (henceforth ECA transition EMDEs) particularly hard.
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