Macro-economic Management and Economic Growth in the Pacific Islands and Caribbean Countries
This project was conducted in the Caribbean and Pacific region, jointly led by the teams at Inter-American Development Bank (IDB) and Oceania Development Network (ODN). Its main objective was to undertake specific studies that will be of relevance to policymakers, in terms of achieving macro-economic stability and growth in both regions.
Cross-Regional Dialogue on Macroeconomic Volatility and Regional Monetary and Fiscal Policies
Supported by Inter-American Development Bank (IDB), this project was targeted towards strengthening research and policy links between the Latin American, Caribbean, and Asia Pacific regions. Through this project GDN envisaged a cooperation of research teams in Latin America, the Caribbean, and Asia-Pacific region in undertaking research studies on issues of macroeconomic volatility, vulnerability and the construction of regional monetary and fiscal institutions.
It aimed to address the growing challenges faced by small Pacific Islands and Caribbean countries and many small Latin American countries due to external shocks and resulting internal volatilities, recognizing a policy dilemma in these regions on how to tackle macroeconomic instability and corresponding shocks to vulnerable economies and societies.
Find out more about the project here.
Cities: An Analysis of the Post-Communist Experience
The Center for Economic Research and Graduate Education - Economics Institute (CERGE-EI) and Economics Education and Research Consortium (EERC) together led this IRP. This multidisciplinary project used the natural experiment of the move from the inherent ‘out-of-market equilibrium’ structure of cities in the post-communist world towards a more normal structure over the past 20 years, combined with a comparison to the historically determined development of comparable cities in the West. The aim was to gain insight into the important features of 21st century urban life.
The four broad research themes were City Growth, the Economics of Cities, the Sociology and Governance of Cities. Research teams in Belarus, Czech Republic, Georgia, Lithuania, Romania, Russia, Ukraine and Uzbekistan examined trends in cities’ growth, as well as the economics, sociology and governance of cities under this project.
For the Cities project overview paper, click here.
Latin America and Africa: Cross-regional Dialogue on the Effects of Commodity Dependence
Under this project, three cross-country case studies on Copper (teams from Chile and Zambia), Oil (teams from Colombia and Nigeria) and Food Security (teams from Argentina and Malawi) were produced.
Over the past two decades, most African economies have shifted considerably from command-based to market-based structures through increased liberalization, contested politics and increasing participation of major stakeholders. Latin American economies have experienced similar changes over the period, with the strengthening of market and democratic institutions.
Additionally, both of these regions share the common feature of a high dependence on a few commodities. This IRP examined the many interesting questions associated with the role of commodities in development from a comparative perspective, using pairs of countries with similar abundances and/or dependencies, but with markedly different outcomes.