VoxDev Development Economics

When the work well, carbon markets worldwide decarbonise economies and direct funds to the most efficient projects. Yet for these mechanisms to be effective, credible, and equitable, should we move beyond today’s fragmented initiatives and create a unified global carbon market that would integrate compliance and voluntary markets, with consistent standards and pricing?  Robin Burgess of LSE and Rohini Pande of Yale are authors of a detailed proposal to design and implement this radical concept. Fresh from presenting the report’s insights at COP 30, they join Tim Phillips to explain the potential and transformative impact of a unified market for carbon. Download the report https://unfccc.int/sites/default/files/resource/Pande%20et%20al%20Draft%20Proposal%20for%20a%20Unified%20Carbon%20Market.pdf

Many papers in economics have shown the scale of the damage that slavery did to Africa, but can we also make the argument that the slave trade helped cause Europe’s economic development? Ellora Derenoncourt of Princeton is the author of a recently published paper which uses new methods and new data to investigate this question.  She talks to Tim Phillips about what historical records can and cannot tell us about that link, and what this data tells us about the growth of European port cities.

At home, men usually have more money and more power than their female partners, and this inequality is particularly wide in LMICs. What does research tell us about how decisions are made and, if there isn’t enough food or money or care to go around, who gets what? And when policymakers try to empower women do their well-intentioned policies work, and can they provoke a backlash? Seema Jayachandran of Princeton and Alessandra Voena of Stanford are the authors of a new review of the evidence, and they talk to Tim Phillips about why women’s power at home is so difficult to measure, and what we don’t yet know about how to increase it.

Intimate partner violence (IPV) is common everywhere, but how common? What are its causes and effects? How can we do a better job of noticing it, measuring its impact – and ultimately, finding effective ways to stop it? A new review of IPV looks at the recent economic research on the topic, what this work can tell us, and what questions are, so far, unanswered. Manisha Shah of UC Berkeley is one of the authors. She talks to Tim Phillips about why IPV is hard to measure, and even harder to prevent. Read the full show notes here: https://voxdev.org/topic/health/intimate-partner-violence-causes-costs-and-prevention

The modern state, and the way in which is governs, is clearly very important. It provides social programs, education, disaster relief or, on the other side, it can cause violence and repression. We tend to assume that there is one model of a successful state, and the emergence of government has followed a single path with, as Francis Fukuyama wrote, “Getting to Denmark” as its end point. But is that the story that the historical record tells? And are successful states today, even in high-income countries, all governed in a way that matches our assumptions? Leander Heldring of Northwestern University is the author of a chapter on the forthcoming Handbook of Political Economy that examines the historical data and the types of government that have succeeded and failed. He tells Tim Phillips what he has discovered about what types of bureaucracy have succeeded in history, what forms of government that citizens in different times and places have chosen, and whether there is one true evolutionary path to a successful state.