It must be the beginning of the new university year that makes us — once again — think long and hard about our profession, its meaning and what, as economics educators and professionals, we are
Tag: development finance
Was Stalin “Necessary”? Three Ways to Read Soviet Industrialization
In a little over a decade after the 1917 Revolution, the Soviet Union vaulted from a mostly agrarian economy to an industrial power. By 1940, overall industrial output was several times its late-19
From Billions to Trillions to Traps: Rethinking Development Finance from the Periphery
The failure of the “billions to trillions” agenda is not just a technical shortfall — it reflects deeper structural imbalances in global finance. While MDBs continue to mobilize capital throu
COVID-19 and fiscal space of Ugandan local governments
Local government fiscal space consists of three main components, own source revenues, intergovernmental fiscal transfers (grants) and borrowing. Considering that the share of borrowing in local gov