S4 Ep34: The past, present and future of development economics

As cities grow and spread, the uses to which land is put, and the value of that land, will also change. The challenges of urban planning, construction and renewal are complicated. But the way we address those challenges has profound impacts for the people who live, and will live, in that physical city. Vernon Henderson and Maisy Wong of University of Pennsylvania explain to Tim Phillips how cities adapt, change and grow – and how that affects the lives and prospects of the people who live in them.

Extreme weather events are becoming more frequent, and so it has never been more important to increase the resilience of small-scale farmers. What does research tell us are the most effective interventions and policies to do this? In the latest of our special episodes to discuss J-PAL policy insights, Tavneet Suri talks to Tim Phillips about how we can strengthen the resilience of farmers to climate change. Read the full show notes on VoxDev: https://voxdev.org/topic/energy-environment/financing-climate-adaptation-what-works-what-doesnt-and-can-carbon-credits

In the first episode of a regular collaboration between Yale's Economic Growth Center and VoxDev, host Catherine Cheney speaks to Catherine Wolfram and Namrata Kala of the MIT Sloan School, and Rohini Pande of Yale, about how to finance climate adaptation. They discuss what works and what doesn't, what role carbon markets play, and also discuss the upcoming United Nations Climate Change Summit, COP 29. Read the full show notes on VoxDev: https://voxdev.org/topic/energy-environment/financing-climate-adaptation-what-works-what-doesnt-and-can-carbon-credits

If you go to the IGC web site, you will discover the BREAD-IGC virtual PhD-level course in economics. The topic for 2024 is urbanisation and the economics of cities in low and middle-income countries. Ed Glaeser and Diego Puga gave the first talk, about the dynamic city. They talk to Tim Phillips about what attracts people to cities, how those cities constantly change and adapt to the needs of those new arrivals, and the urgent need for research into how cities grow and change outside high- income countries. Read the full show notes on VoxDev: https://voxdev.org/topic/migration-urbanisation/role-cities-economic-development

Institutions help to determine economic growth. But studying how they do this using the rigorous experimental techniques popularised in the credibility revolution is difficult. A new review highlights an exciting new wave of empirical research into the consequences of institutional change. Michael Callen and Jonathan Weigel talk to Tim Phillips about how we can do experiments about institutions. Read the full show notes here: https://voxdev.org/topic/institutions-political-economy/can-we-use-experiments-understand-institutions

A new open access textbook called Food Economics analyses the connections between agriculture and resource use, commodity trade, food businesses, and retail markets. It covers how food is produced, brought to market, and sold. But it also looks at consumption: why many have too little food, and the problems caused by malnutrition. Will Masters and Amelia Finaret, the authors, tell Tim Phillips who is it for, and what they can learn. Read the full show notes here: https://voxdev.org/topic/agriculture/what-can-we-learn-food-economics

Small businesses in LMICs provide most of the employment. But they could provide many more jobs if the best of them could unlock their potential to grow. In the latest of our series of VoxDev Talks based on J-PAL special reports, Tim Phillips talks to David Atkin about how we can do a better job of connecting firms and entrepreneurs to markets. Read the full show notes here: https://voxdev.org/topic/firms/how-connecting-firms-markets-can-promote-economic-development

More children than ever in LMICs go to school – but they still don’t learn as much as we would want, and the difference between the educational haves and the have-nots is widening. Noam Angrist joins Tim Phillips to talk about the size of the gap between education policy and practice, why it exists, why economic development alone isn’t closing it, and how we can improve policy implementation in future. Read the full show notes here: https://voxdev.org/topic/education/gap-between-education-policy-and-practice

Since 2020, governments everywhere have had to grapple with the impacts of first Covid-19 and then a series of global shocks, not least the Russian invasion of Ukraine. The challenges have been particularly acute in Africa. Christopher Adam has seen the impacts of these shocks at first hand – and has also advised some of the people who have been making policy in Africa to mitigate their effects. He talks to Tim Phillips about how global shocks constrain Africa’s policymakers and how the after-effects of this “polycrisis” will be felt in future.

Dev Patel of Harvard describes Bangladesh as “ground zero for the harmful effects of climate change”. Extreme weather events, particularly floods, are already affecting the lives of millions of people who live there and are making life more difficult for the country’s farmers. He tells Tim Phillips how he harnessed machine learning to create for the first time reliable global data on flooding – and also used his methods to find a way to give Bangladesh’s beleaguered farmers better data on what crops to grow. Check out the full show notes on VoxDev: https://voxdev.org/topic/energy-environment/how-do-floods-impact-economic-development