Political Economy of the Middle East and North Africa IA 3300 Summer

Total Page:16

File Type:pdf, Size:1020Kb

Political Economy of the Middle East and North Africa IA 3300 Summer Political Economy of the Middle East and North Africa IA 3300 Summer 2012 Professor Akacem [email protected] June 4th-July 6th Office: Econ 216-A Office hours: Monday 12:45 p.m. to 2:45 p.m. http://Culearn.colorado.edu Please Note: Leave your laptops at home. I generally do not encourage their use in class. If you have a documented need for them, please do see me. Otherwise, the evidence shows that these are used for things that have nothing to do with class and they distract others. The same goes for cell phones and texting. There is a zero tolerance for their use. Email: Generally speaking, it is much easier to come to my office and or right after or before class if times allows. Avoid messages such as “I missed class, what did I miss”. If you do miss class, make sure and get the notes from another student. When sending an email message, please do include a subject such as our class, question etc… Messages without anything on the subject line may not be answered or caught in the spam filter. Finally, identify yourself in the first line of your message: example: this is John Smith from your Pol Economy of the Middle East class. With two classes, it helps to immediately know who the student is and which class the question is about in order to facilitate a complete and a quicker response. Objective of the Course: The course will help you understand and discuss the relevant economic and political development issues that are important to the Middle East and North Africa region. The Arab spring caught everyone by surprise and it amounted to a Tsunami raging through the region toppling governments and leaders who had run their countries for decades. We will discuss a number of issues such as what are the economic development constraints faced by this region? Despite the vast oil and gas wealth that the region generates, it still lags behind regions and countries that are not endowed with natural resources. To what extent does it suffer from the resource curse and what policies can be formulated to address it? Should oil revenues be distributed directly to the citizens? If so what are the implication to oil pricing and production strategies? Is it even feasible? Would this mean the end of OPEC? What implication would this have to the political system? The Middle East and North Africa has a youth bulge that requires the economies of the region to generate a large number of jobs far beyond its capability. What policies and/or reforms should MENA undertake to address this problem? Complicating matters, the education system fails to produce graduates that are well suited for demands of the 1 labor market. Should the whole education system be reformed? Is this related to an incentive problem? The Gulf countries rely on a substantial amount of expatriate labor. Is this sustainable in the long run? Main Texts: 1. Political Economy of the Middle East, Third Edition, by Alan Richards and John Waterbury, Westview Press, 2008, third edition. Referred to below as RW. 2. Islam and Mammon by Timur Kuran, Princeton University Press, 2004. Referred to below as TK 3. Free on line: Regional Economic Outlook: Middle East and Central Asia, the From the International Monetary Fund: Regional Economic Outlook as of April 2012, post Arab spring: http://www.imf.org/external/pubs/ft/reo/2012/mcd/eng/pdf/mena-update0412.pdf Main regional economic outlook: http://www.imf.org/external/pubs/ft/reo/2011/mcd/eng/pdf/mreo1011.pdf Optional: May be on reserve if available. The Elusive Quest for Growth, William Easterly, MIT press, 2002, Chapter 4, Educated for What?, chapter 11: Government can kill growth, chapter 12 Corruption and growth. Referred to below as WE. On Blackboard: 3. Waking from its sleep and the Gulf, special reports on the Arab World, The Economist 2009 on Blackboard, under Economist special on the Gulf/Arab world folder. 4. On Reserve if available: Arab economies in the twenty-first century, by Paul Rivlin, Cambridge University Press 2009. Chapters 2, 4 and 13. Referred to below as: PR The Prize: The Epic Quest for Oil, Money and Power, Daniel Yergin, A Touchstone Book, 2008. Chapters 31-36 and epilogue, pp 615 to 773. Referred to below as DY Video Series: 1. The Prize: This a prize winning documentary about the history of oil from its beginning to the creation of OPEC, through the two oil shocks and the geopolitics of oil, to the invasion of 2 Kuwait by Iraq in 1990. These will not be viewed in class to save on class time but you must view them on your own via the course reserves and do not wait until when we get to the oil markets unit to do so. The password is: pemena2012 2. The House of Saud: This is also posted on course reserves and can be viewed via streaming video. This should be viewed immediately. 3. Readings and data sources for the class in general: Arab World Competitiveness Report 2010 from The World Economic Forum, Geneva. http://www3.weforum.org/docs/WEF_GCR_ArabWorldReview_2010_EN.pdf For data on the region from the UNDP and the Human Development Reports and Development indicators for the region: http://hdr.undp.org/en/statistics/ Sources on oil: An excellent source for international oil data from BP and other sources: http://www.bp.com/productlanding.do?categoryId=6929&contentId=7044622 The Joint Oil Data Initiative: http://www.jodidata.org/ Energy Information Agency: http://www.eia.doe.gov/ EIA's country's analysis briefs: http://www.eia.doe.gov/emeu/cabs/contents.html The International Energy Agency (OECD, Paris) (do not confuse with the EIA, part of the US Department of Energy) http://www.iea.org/ The Oil and Gas Journal: http://www.ogj.com/index.cfm The Oil and Gas Journal International: http://www.oilandgasinternational.com/ US Geological survey: Energy resources program: http://certmapper.cr.usgs.gov/rooms/we/index.jsp The Gulf 2000 Site: Covers the following countries: Bahrain, Iran, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates: http://gulf2000.columbia.edu/ The IMF: http://www.imf.org/ Page where the list of recent Article IV reports are found: http://www.imf.org/external/np/sec/aiv/index.htm Country information page: http://www.imf.org/external/country/index.htm Finance and Development: 3 http://www.imf.org/external/pubs/ft/fandd/fda.htm International Monetary Fund: Regional Economic Outlook: http://www.imf.org/external/pubs/ft/reo/2010/mcd/eng/mreo1024.htm Special issue of Finance and Development on the Middle East and North Africa http://www.imf.org/external/pubs/ft/fandd/2003/03/index.htm The World Bank: http://www.worldbank.org/ Middle East and North Africa page: http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/MENAEXT/0,,menuPK: 247603~pagePK:158889~piPK:146815~theSitePK:256299,00.html Iran: A special from the N.Y. Times http://www.nytimes.com/library/world/mideast/041600iran-cia-index.html. Other Sources: It helps if you have access to or use the library to consult these publications: The Wall Street Journal The New York Times The Economist 4. Course Outline: Below is the list of topics that we will cover. Material will be covered and added as events warrant. RW=Richards and Waterbury Week 1: 1. Introduction, Case Study: The Saudi Question, viewed in class. From the New York Times, Times Topic: Saudi Arabia http://topics.nytimes.com/top/news/international/countriesandterritories/saudiarabia/index .html?scp=1-spot&sq=saudi%20arabia&st=cse Regional Economic Outlook: Middle East and Central Asia, From the International Monetary Fund: http://www.imf.org/external/pubs/ft/reo/2011/mcd/eng/pdf/mreo0411.pdf 2. RW chapter 1 and 2: Unfulfilled Promise, George T. Abed, F&D March 2003 http://www.imf.org/external/pubs/ft/fandd/2003/03/abed.htm 3. RW chapter 3: Economic growth and structural change Recipes for Success: Dani Rodrik on How to Grow the Economic Pie http://www.imf.org/external/np/exr/BForums/2007/summary/112907.htm 4 Getting the Diagnosis Right by: Ricardo Hausmann, Dani Rodrik, and Andrés Velasco found at: http://www.imf.org/external/pubs/ft/fandd/2006/03/hausmann.htm Week 2. 4. RW chapter 4 Population and economic development: A major challenge for the region Challenges of Growth and Globalization in the Middle East and North Africa, IMF, 2003. by George T. Abed and Hamid R. Davoodi. Found at: http://www.imf.org/external/pubs/ft/med/2003/eng/abed.htm Demography and economics, chapter 2, Paul Rivlin 5. Exchange rate regimes, oil and economic development: Dutch Disease: Too much wealth managed unwisely http://www.imf.org/external/pubs/ft/fandd/2003/03/ebra.htm#author Choosing Exchange Regimes in the Middle East and North Africa by Abdelali Jbili and Vitali Kramarenko, (2003) International Monetary Fund http://www.imf.org/external/pubs/ft/med/2003/eng/jbili/jbili.htm Should MENA Countries Float or Peg? Abdelali Jbili and Vitali Kramarenko http://www.imf.org/external/pubs/ft/fandd/2003/03/jbil.htm 6. The Gulf Cooperation Council: GCC Countries: From Oil Dependence to Diversification by Ugo Fasano and Zubair Iqbal (2003)International Monetary Fund http://www.imf.org/external/pubs/ft/med/2003/eng/fasano/index.htm Persian Gulf Myths by Graham E. Fuller and Ian 0. Lesser in Foreign Affairs, Volume 76, number 3, May/June 1997. http://www.foreignaffairs.com/articles/53044/graham-e-fuller-and-ian-o-lesser/persian- gulf-myths You may need to access it through the library to get the whole article.
Recommended publications
  • AHMED MUSHFIQ MOBARAK 165 Whitney Avenue, P.O
    AHMED MUSHFIQ MOBARAK 165 Whitney Avenue, P.O. Box 208200, New Haven, CT 06520-8200 Phone: 203-432-5787 Email: [email protected] http://www.som.yale.edu/faculty/am833/ PROFESSIONAL POSITION Professor of Economics, Yale University, 2015 – Tenured in the School of Management (2015), and in the Department of Economics, FAS (2017) Faculty Director and Founder, Yale Research Initiative on Innovation and Scale (Y-RISE) 2018 - OTHER APPOINTMENTS Professorial Research Fellow, Dept. of Economics, Deakin University, Melbourne, Australia, 2018-2021 Lead, Bangladesh Research Program, International Growth Centre (IGC) at LSE and Oxford 2009 – Member, Bangladesh National Data Analytics Task Force (convened by ICT Minister), 2020 - Faculty Director, Yale Macmillan Center Program on Refugees and Forced Displacement 2018- Member, Panel of Economists, General Economics Division, Bangladesh Planning Commission, 2020 – Board Member and Scientific Advisor, Innovations for Poverty Action, 2015 – Academic Lead, Humanitarian and Forced Displacement Initiative, Innovations for Poverty Action 2020 - Executive Committee, Economic Growth Center, Yale University, 2019- (Affiliate, 2007-) Editorial Board, World Bank Economic Review, 2015 - Editorial Board, Asian Development Review, Asian Development Bank, 2018 - Consultant, World Bank and IFC 1998-2001 and 2009 – U.S. National Science Foundation, Member, Economics Program panel 2020-2022 University of Maryland Economics Leadership Council, 2018-2024 Technical Advisory Groups: UNHCR (Geneva) Safe Access to Fuel
    [Show full text]
  • Usi] J-Pal Matchmaking Conference Colombo, Sri Lanka 18-19 July 2012
    URBAN SERVICES INITIATIVE [USI] J-PAL MATCHMAKING CONFERENCE colombo, sri lanka 18-19 july 2012 www.povertyactionlab.org CONTENTS p.1 Conference Agenda p.4 About the Urban Services Initiative (USI) p.5 About the USI Matchmaking Conference p.6 About J-PAL WATERp.9 AboutSANITATION J-PAL South Asia HYGIENE HE p.10 Why Randomise? DRAINAGEp.12 Bios: Participating OrganisationsSOLID WASTE WATER p.38 Bios: Participating USI Researchers HOUSINGp.42 Bios: J-PAL Team SANITATION HYGIENE p.45 Bios: Urban Services Initiative Team DRAINS HEALTH WASTE WATER D All Photography © 2007 Aude Guerrucci except: p.45 © 2007 Gabrielle Bardall; p.42 © 2002 Aimee Centivany; front cover © 2007 Divya Pal Singh; back cover, p.4 © 2007 Henri Ismail; AFFORDABLEp.10 © 2005 Eric Thompson; p.9 © 2011 Sanam Ispahan HOUSING UTILITIES WATER SANITATION HYGIENE DR DRAINS SOLID EDUCATION HEAL WATER UTILITIES HY- GIENE UTILITIES WATER SANITATION HYGIENE HE DRAINAGE SOLID WASTE WATER HOUSING SANITATION HYGIENE DRAINS HEALTH WASTE WATER D AFFORDABLE HOUSING UTILITIES WATER SANITATION HYGIENE DR DRAINS SOLID EDUCATION HE WATER SANITATION HYGIENE HE DRAINAGE SOLID WASTE WATER AGENDA DAY ONE HOUSING SANITATION HYGIENE 8:00am – 9:00am BREAKFAST AND REGISTRATION OPENING REMARKS • Welcome: Iqbal Dhaliwal, Scientific Director, J-PAL South Asia and Global Policy Director, J-PAL 9:00am – 9:30am • Welcome: Radu Ban, Program Officer, Bill & Melinda Gates Foundation ULY 2012 ULY • Introduction to USI and the Matchmaking Conference: Mushfiq Mobarak, Associate Professor of Economics, DRAINS
    [Show full text]
  • Escaping Famine Through Seasonal Migration
    Escaping Famine through Seasonal Migration Gharad Bryan, Shyamal Chowdhury and Ahmed Mushfiq Mobarak* June 2013 Abstract Hunger during pre-harvest lean seasons is widespread in the agrarian areas of Asia and Sub-Saharan Africa. We randomly assign an $8.50 incentive to households in rural Bangladesh to out-migrate during the lean season. The incentive induces 22% of households to send a seasonal migrant, their consumption at the origin increases significantly, and treated households are 8-10 percentage points more likely to re- migrate 1 and 3 years after the incentive is removed. These facts can be explained qualitatively by a model in which migration is risky, mitigating risk requires individual-specific learning, and some migrants are sufficiently close to subsistence such that failed migration is very costly. We document evidence consistent with this model using heterogeneity analysis and additional experimental variation, but calibrations with forward-looking households that can save up to migrate suggest that it is difficult for the model to quantitatively match the data. We conclude with extensions to the model that could provide a better quantitative accounting of the behavior. Keywords: Seasonal Migration, Bangladesh, Risk JEL Codes: O1, O15, J61, R23 *Bryan: London School of Economics, [email protected]. Chowdhury: University of Sydney, [email protected]. Mobarak: Yale School of Management, [email protected]. We are grateful to AusAID, the International Growth Centre and the U.S. Department of Labor for financial
    [Show full text]
  • Evaluating Financial Sector Development in the Middle East and North Africa: New Methodology and Some New Results
    Topics in Middle Eastern and African Economies Vol. 6, September 2004 Evaluating Financial Sector Development in the Middle East and North Africa: New Methodology and Some New Results Susan Creane (IMF), Rishi Goyal (IMF), Ahmed Mushfiq Mobarak (University of Colorado at Boulder), and Randa Sab (IMF)[1] Emails: [email protected], [email protected], [email protected], [email protected] The views expressed in this paper are those of the authors and do not necessarily represent those of the IMF or IMF policy. JEL Codes: E60, OO1, O53 Keywords: Financial Sector Development, Country Economics Abstract: This paper assesses financial sector development in twenty Middle Eastern and North African (MENA) countries. Based on data collected on a wide range of financial sector indicators, including from surveys of country economists at the IMF in 2000 and 2002, several new indices of financial development are constructed encompassing six themes: development of the monetary sector and monetary policy, banking sector development, nonbank financial development, regulation and supervision, financial openness, and institutional quality. The paper finds substantial variation in the degree of financial development across the MENA countries. As a group, MENA countries perform relatively well in regulation and supervision. But much more needs to be done to reinforce the institutional environment and promote nonbank financial sector development. Based on a small subset of indicators for which data are widely available, the MENA region is found to compare favorably with a few other regions, but it ranks far behind the industrialized countries and East Asia. I. INTRODUCTION As countries in the Middle East and North Africa (MENA) consider ways to promote rapid and lasting economic growth, further financial sector reform should be high on their agenda [2].
    [Show full text]
  • The Nobel Winners in Economics Are on the Right Track
    12/10/2019 Abhijit Banerjee, Esther Duflo, and Michael Kremer Are On the Right Track RESPONSE The Nobel Winners in Economics Are On the Right Track Randomized controlled trials aren't perfect, but a new generation of development economists is building on the work of the Nobel laureates and pushing the field in ambitious new directions. BY AHMED MUSHFIQ MOBARAK, C. AUSTIN DAVIS | DECEMBER 9, 2019, 6:25 PM n a recent Foreign Policy article, Sanjay G. Reddy critiqued the approach to development economics embodied by the work of the recent Nobel Prize winners I Abhijit Banerjee, Esther Duflo, and Michael Kremer. We see the strengths and weaknesses of this approach quite differently and propose a constructive direction for the field. A generation ago, development economics had a problem. The theories proposed to explain economic growth appeared disconnected from the economic lives of individuals in developing countries. A dominant mode of empirical analysis at the time, known as cross-country regressions, lacked credibility. That mode of analysis purports to establish the effects of policy on economic growth by comparing the growth of countries that share some characteristic or enact some policy to those that do not. A primary concern about this approach is that policies are implemented strategically; policies that actually enhance growth may appear to do the opposite if governments implement them to mitigate a recession. Another concern is aggregation. Country-level outcomes are the result of decisions undertaken by individuals, households, firms, and governments. Correctly identifying the effects of a policy change requires understanding and measuring the behavior of each of those agents.
    [Show full text]
  • Underinvestment in a Profitable Technology: the Case of Seasonal Migration in Bangladesh
    http://www.econometricsociety.org/ Econometrica, Vol. 82, No. 5 (September, 2014), 1671–1748 UNDERINVESTMENT IN A PROFITABLE TECHNOLOGY: THE CASE OF SEASONAL MIGRATION IN BANGLADESH GHARAD BRYA N London School of Economics, London, WC2A 2AE, U.K. SHYAMAL CHOWDHURY School of Economics, The University of Sydney, NSW 2006, Australia AHMED MUSHFIQ MOBARAK Yale School of Management, New Haven, CT 06520, U.S.A. The copyright to this Article is held by the Econometric Society. It may be downloaded, printed and reproduced only for educational or research purposes, including use in course packs. No downloading or copying may be done for any commercial purpose without the explicit permission of the Econometric Society. For such commercial purposes contact the Office of the Econometric Society (contact information may be found at the website http://www.econometricsociety.org or in the back cover of Econometrica). This statement must be included on all copies of this Article that are made available electronically or in any other format. Econometrica, Vol. 82, No. 5 (September, 2014), 1671–1748 UNDERINVESTMENT IN A PROFITABLE TECHNOLOGY: THE CASE OF SEASONAL MIGRATION IN BANGLADESH BY GHARAD BRYA N ,SHYAMAL CHOWDHURY, AND AHMED MUSHFIQ MOBARAK1 Hunger during pre-harvest lean seasons is widespread in the agrarian areas of Asia and Sub-Saharan Africa. We randomly assign an $8.50 incentive to households in ru- ral Bangladesh to temporarily out-migrate during the lean season. The incentive in- duces 22% of households to send a seasonal migrant, their consumption at the ori- gin increases significantly, and treated households are 8–10 percentage points more likely to re-migrate 1 and 3 years after the incentive is removed.
    [Show full text]
  • Envirodevonomics: a Research Agenda for an Emerging Field†
    Journal of Economic Literature 2015, 53(1), 5–42 http://dx.doi.org/10.1257/jel.53.1.5 Envirodevonomics: A Research Agenda for an Emerging Field† Michael Greenstone and B. Kelsey Jack* Environmental quality in many developing countries is poor and generates substantial health and productivity costs. However, the few existing measures of marginal willingness to pay (MWTP) for environmental quality improvements indicate low valuations by affected households. This paper argues that this seeming paradox is the central puzzle at the intersection of environmental and development economics: Given poor environmental quality and high health burdens in developing countries, why is MWTP seemingly so low? We develop a conceptual framework for understanding this puzzle and propose four potential explanations for why environmental quality is so poor: (1) due to low income levels, individuals value increases in income more than marginal improvements in environmental quality; (2) the marginal costs of environmental quality improvements are high; (3) political economy factors undermine efficient policymaking; and (4) market failures such as weak property rights and missing capital markets distort MWTP for environmental quality. We review the literature on each explanation and discuss how the framework applies to climate change, which is perhaps the most important issue at the intersection of environment and development economics. The paper concludes with a list of promising and unanswered research questions for the emerging sub-field of “envirodevonomics.” ( JEL I15, O10, O44, Q50) 1. Introduction data. Figure 1 shows air and water quality in developed and developing countries. The ost visitors to developing country cities top panel shows airborne particulate mat- Mnotice the poor environmental qual- ter ( PM 10 ) concentrations in urban centers, ity: their eyes sting, the water makes them while the bottom panel shows dissolved sick, the views are obscured by smog.
    [Show full text]
  • Faculty Highlights
    Yale Annual Alumni Newsletter Department of Economics Fall 2017 Newsletter • Volume 2, Issue 1 GREETINGS FROM THE CHAIR INSIDE THIS ISSUE Dear Alumni, Friends, and Colleagues, I am delighted to present you with the 2017 newsletter from the Department of Economics. A digital version can be found on the departmental website, http://economics.yale.edu, as well as recent news, updates, and events. The department and its associated research centers: the Cowles Foundation for Research in Economics and the Economic Growth Center, continue to thrive and attract world-class students, researchers, and faculty. With the beginning of the new academic year, we are happy to welcome the new undergraduate and graduate students to our program. The undergraduate major continues to grow and is by far the largest major in Yale College for the last few years. Correspondingly, the Introduction into Microeconomics course taught this fall by our award winning colleague Steven Berry is the largest class in Yale College. Our graduate program had a very successful placement of its graduate students lead by the placement officers Professors Giuseppe Moscarini and Yuichi Kitamura. Among the graduating Ph.D. students, Meredith Startz was one of eight students selected worldwide to present her work at a series of lectures in Europe organized by The Review of Economic Studies. She will start as an assistant professor at Stanford University after a postdoctoral fellowship at Princeton University. On the following pages you will find faculty updates, including news on the Cowles Foundation and Economic Growth Center from their respective directors, Professors Larry Samuelson and Mark Rosenzweig.
    [Show full text]
  • Economic Growth Center Yale University P.O
    ECONOMIC GROWTH CENTER YALE UNIVERSITY P.O. Box 208269 New Haven, CT 06520-8269 http://www.econ.yale.edu/~egcenter Economic Growth Center Discussion Paper No. 1032 Economics Department Working Paper No. 124 Escaping Famine Through Seasonal Migration Gharad Bryan London School of Economics Shyamal Chowdhury University of Sydney Ahmed Mushfiq Mubarak* Yale University, School of Management June 2013 Notes: Center discussion papers are preliminary materials circulated to stimulate discussion and critical comments. *Bryan: London School of Economics, [email protected]. Chowdhury: University of Sydney, [email protected]. Mobarak: Yale School of Management, [email protected]. We are grateful to AusAID, the International Growth Centre and the U.S. Department of Labor for financial support. We thank, without implicating, Tim Besley, Abhijit Banerjee, Judy Chevalier, Esther Duflo, Ted Miguel, Rohini Pande, Ben Polak, Chris Woodruff, John Gibson, Chris Udry, Dean Yang, Michael Clemens, Francisco Rodriguez, Chung Wing Tse, Angelino Viceisza, David Atkin, Peter Schott, Jonathan Feinstein, Mark Rosenzweig, Jean-Marc Robin, four anonymous referees, conference participants at the 20th BREAD conference, 2010 ASSA conference, Federal Reserve Bank of Atlanta, 2011 NEUDC Conference, 2nd IGC Growth Week 2010, 2013 World Bank ABCDE Conference, and seminar participants at Yale University, UCBerkeley,MIT/Harvard, Stanford University, London School of Economics, University of Toulouse, Columbia University, Johns Hopkins University, Inter-American Development Bank, UC-Santa Barbara, World Bank, U.S. Department of Labor, IFPRI, Sacred Heart University and Brown University for comments. Julia Brown, Laura Feeney, Alamgir Kabir, Daniel Tello, Talya Wyzanski, Tetyana Zelenska provided excellent research assistance.
    [Show full text]
  • AHMED MUSHFIQ MOBARAK 165 Whitney Avenue, P.O
    AHMED MUSHFIQ MOBARAK 165 Whitney Avenue, P.O. Box 208200, New Haven, CT 06520-8200 Phone: 203-432-5787 Email: [email protected] http://www.som.yale.edu/faculty/am833/ PROFESSIONAL POSITION Professor of Economics, Yale University, 2015 – Tenured in the School of Management (2015), and in the Department of Economics, FAS (2017) Faculty Director and Founder, Yale Research Initiative on Innovation and Scale (Y-RISE) 2018 - OTHER APPOINTMENTS Professorial Research Fellow, Dept. of Economics, Deakin University, Melbourne, Australia, 2018-2021 Lead, Bangladesh Research Program, International Growth Centre (IGC) at LSE and Oxford 2009 – Member, Bangladesh National Data Analytics Task Force (convened by ICT Minister), 2020 - Faculty Director, Yale Macmillan Center Program on Refugees and Forced Displacement 2018- Member, Panel of Economists, General Economics Division, Bangladesh Planning Commission, 2020 – Board Member and Scientific Advisor, Innovations for Poverty Action, 2015 – Academic Lead, Humanitarian and Forced Displacement Initiative, Innovations for Poverty Action 2020 - Executive Committee, Economic Growth Center, Yale University, 2019- (Affiliate, 2007-) Editorial Board, World Bank Economic Review, 2015 - Editorial Board, Asian Development Review, Asian Development Bank, 2018 - Consultant, World Bank and IFC 1998-2001 and 2009 – U.S. National Science Foundation, Member, Economics Program panel 2020-2022 Technical Advisory Groups: UNHCR (Geneva) Safe Access to Fuel and Energy (2015), Overseas Development Institute (ODI) (London)
    [Show full text]
  • Willingness to Pay for Clean Air: Evidence from Air Purifier Markets in China
    NBER WORKING PAPER SERIES WILLINGNESS TO PAY FOR CLEAN AIR: EVIDENCE FROM AIR PURIFIER MARKETS IN CHINA Koichiro Ito Shuang Zhang Working Paper 22367 http://www.nber.org/papers/w22367 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 June 2016 For helpful comments, we thank Douglas Almond, Marshall Burke, Steve Cicala, Thomas Covert, Richard Freeman, Michael Greenstone, Rema Hanna, Kelsey Jack, Ryan Kellogg, Michael Kremer, Shanjun Li, Mushfiq Mobarak, Matt Neidell, Paulina Oliva, Nick Ryan, Nick Sanders, Joseph Shapiro, Christopher Timmins, Tom Wollmann, participants in the NBER Environmental and Energy Economics Program Meeting, NBER/BREAD Development Meeting, the NBER Chinese Economy Meeting and the SIEPR Conference, and seminar participants at Harvard, MIT, Cornell, Colorado Boulder, IGC, University of Chicago, University of Illinois at Urbana Champaign, University of Tokyo, University of Calgary, Georgetown, and the RIETI. We thank Ken Norris, Jing Qian and Chenyu Qiu for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2016 by Koichiro Ito and Shuang Zhang. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Willingness to Pay for Clean Air: Evidence from Air Purifier Markets in China Koichiro Ito and Shuang Zhang NBER Working Paper No.
    [Show full text]
  • Peer Effects, Teacher Incentives, and the Impact of Tracking: Evidence from a Randomized Evaluation in Kenya†
    American Economic Review 101 (August 2011): 1739–1774 http://www.aeaweb.org/articles.php?doi 10.1257/aer.101.5.1739 = Peer Effects, Teacher Incentives, and the Impact of Tracking: Evidence from a Randomized Evaluation in Kenya† By Esther Duflo, Pascaline Dupas, and Michael Kremer* To the extent that students benefit from high-achieving peers, tracking will help strong students and hurt weak ones. However, all students may benefit if tracking allows teachers to better tailor their instruc- tion level. Lower-achieving pupils are particularly likely to benefit from tracking when teachers have incentives to teach to the top of the distribution. We propose a simple model nesting these effects and test its implications in a randomized tracking experiment conducted with 121 primary schools in Kenya. While the direct effect of high- achieving peers is positive, tracking benefited lower-achieving pupils indirectly by allowing teachers to teach to their level. JEL I21, J45, O15 ( ) To the extent that students benefit from having higher-achieving peers, tracking students into separate classes by prior achievement could disadvantage low-achiev- ing students while benefiting high-achieving students, thereby exacerbating inequal- ity Denis Epple, Elizabeth Newlon, and Richard Romano 2002 . On the other hand, ( ) tracking could potentially allow teachers to more closely match instruction to stu- dents’ needs, benefiting all students. This suggests that the impact of tracking may depend on teachers’ incentives. We build a model nesting these effects. In the model, students can potentially generate direct student-to-student spillovers as well as indi- rectly affect both the overall level of teacher effort and teachers’ choice of the level at which to target instruction.
    [Show full text]