Rachel Glennerster

What if we paid for results, not just research? With NIH funding under pressure, @schethik makes the case for “pull” funding to complement existing grants and unlock overlooked treatments like repurposed drugs. cgdev.org/blog/case-pull…

@oliverwkim link?

Know this turn has been in the making for a while but this is a bit like if the Pope announced he was becoming a Buddhist

@JesusFerna7026 Paper suggesting demography explains 1/4 of the east Asian miracle

@JesusFerna7026 Evidence ag tech takeup is key to structural transformation comes from Gollin et al 2021. BTW, green revolution is a good example of what aid should do--aid (govt and philanthropy) paid for global pub good of R&D, domestic govts paid for distribution.

A fundamental lesson from my posts these last two weeks on modernization, industrial policy, and development is that development economics should be about understanding why South Korea got rich but Bolivia did not. The current field has largely given up on that question. Sharply identified RCTs on small micro programs are a fine way to publish in the AER and get tenure at a fancy university, but a profession that knows everything about microfinance impact evaluations and almost nothing about industrialization has misallocated its own intellectual capital on a pretty heroic scale. Four images of Seoul:

@JonathanSaid1 @JesusFerna7026 I worked on Gabon at IMF. Very concerted (disastrous) industrial policy--they blew a sustained oil boom on "diversifying" into other industries not human capital. Ended their oil boom with a debt crisis and no human capital. You will say its bad industrial policy b/c didnt work

@rglenner @JesusFerna7026 Many LMICs did not have active industrial policy. In Africa very few had a centre of government, sustained industrial policy (which is what matters for struc transformation). In effect most countries did not. A result of the Washington Consensus.

@TheAnnaGat Check out the @CGDev podcast hosted by @ClemenceLanders and me. We interview lots of women!

Idea: Podcast but some of the guests are women.

Neonatal sepsis is a leading cause of death in low- and middle-income countries, and current diagnostics are often too slow to guide care. New analysis finds that a rapid, point-of-care test aligned with @WHO's 2025 guidance could improve outcomes while reducing costs. cgdev.org/publication/co…

The #WBGMeetings were dominated by the Iran war’s economic fallout and declining global cooperation. But there were still rays of light. From potential International Monetary Fund support to new ideas on debt suspension, health financing, and refugee policy, @rglenner highlights where progress is still possible. cgdev.org/blog/some-rays…

So @elerianm's appointment as @CGDev's new board chair is officially the "Talk of the Town" according to @politico

Delighted to welcome Mohamed A. El-Erian as Board Chair of @CGDev following his election by our Board. A deeply respected economist, he brings rigorous, policy-focused insight, and his perspective will be invaluable. Looking forward to working together, @elerianm!

When refugees live in camps, it’s a lose-lose-lose for refugees, host communities, and donors. @CGDev

US learning from @Pratham_India innovation. Have all children do reading at the same time of day so you can group children by learning level not grade, just for this time. TaRL also involves innovative ways of teaching too....

Elina Scheja, chief economist of @Sida and I talked about how to help ensure Development Agencies use evidence on costeffectiveness to ensure their work has the biggest possible positive impact.

Mozambique is an example of where debt relief can work, but unfortunately, is also an example of where things can go wrong. @CGDev

Low- and middle-income countries are facing shock after shock. Two things worry me: debt that compounds with every crisis, and losing sight of long-term development altogether. We can't let short-term emergencies crowd out the long-term case for development. @CGDev

If you missed some of the great events @CGDev has run during the spring meetings. You can catch up on you tube youtube.com/watch?v=Mu_zT8…

Shocks are hitting low-income countries more often—and too often turning into debt crises. "Better Debt Shock Absorbers for Poor Countries: A Proposal" cgdev.org/publication/be… @CGDev