"Bergstrom (2022) finds that, since 2000, 90 per cent of the historical variation in extreme poverty across 135 countries can be explained by changes in national income per person (average income). The fact that variation in growth explains almost all of the historical variation in poverty ...

Heiwai Tang (Hong Kong University) at ABCDE Conference: (www.youtube.com/live/TyppQJi...)

“We live in a world which I would call the “flying geese” paradigm 2.0” (see here: www.hkubs.hku.hk/research/tho...)

(1/11) Fascinating discussion on small farms in lower-income countries. voxdev.org/topic/agricu...

Mark Rosenzweig: “Yield differences [between rich and poor countries] are enormous. The “first order salient difference” in agriculture in low-income vs other countries is the size of farms. (…)

"Globalization and the Ladder of Development:
Pushed to the Top or Held at the Bottom?" (Atken et al. 2024) economics.mit.edu/sites/defaul...

BLUF: rise of China pulled majority of countries down, with particularly large losses for a number of African countries

Beata Javorcik (EBRD Chief Economist) on FDI:

(i) Multinational firms are producers of knowledge
(ii) They transfer knowledge to their overseas operations
(iii) FDI inflows facilitate integration into global value chains and improve exports ...

Masood Ahmed (former CGD President) at ABCDE Conference:

"the crunch in development funding is here to stay" (...)
Yet, *we continue to deploy grants in suboptimal ways*. Too many grant-based development programs use a dollar-in-dollar-out model ...

From "5 Ideas for the Future of Global Health Financing":

"Trash the catch-all euphemism of “health systems strengthening" (...) "[An] alternative to “health systems strengthening” is “universal health coverage” (UHC)—and this latter term is far more concrete and practical than the former. (...)"

(1/4) Beata Jarvocik (EBRD Chief Economist, 2023): "The economic miracle of the Eastern European EU Member States (…) happened because the EU accession process created a commitment device, it created an anchor for reforms. So these countries had only to make one decision:

Beata Javorcik (EBRD Chief Economist, former Oxford Professor, 2023): "Many people think of the primary role of [Multilateral Development Banks] as being a source of money. I actually think that the primary role of these organisatinos is to serve as a *commitment device*.

„In a metaphorical sense, we need to focus on interventions that are healing, not palliative. Too often, aid efforts relieve symptoms without addressing root causes. (…) [H]ealing measures, contrary to palliative care, means creating the conditions for sustained growth: …

Elon Musk has blood on his hands. The image of this boy should be emblazoned on every Tesla showroom world-wide.