The development landscape has never been static but in these times of uncertainty and insecurity, we are witnessing ever more profound shifts in global relations, inequalities, and forms of exclusion. Dominant trajectories and paths of ‘development’ have led the world to the brink of...

We welcome submissions of ALL papers in development economics, and we recognise that not every paper will fit exactly into one of the following themes: Agriculture; Firms; Fiscal and Monetary Policy; Health and Education; Households, Inequality, and Poverty; Labour; Macro Productivity; Natural...

We estimate empirically the impact of the insolvency and bankruptcy code (IBC) on corporate leverage in India. The analysis builds on the Prowess database. For the estimations we use the difference in differences approach, where listed firms are used as the control group. We find that the IBC...

We examine the effect of regional favoritism on firms’ access to credit. Using firm-level data on a large sample of 29,000 firms covering 48 countries, we investigate the hypothesis that access to credit of firms is higher in the birth regions of national political leaders. We find evidence...

With organisations increasingly operating in ambiguous, volatile and complex environments, understanding effective governance within the institutional context – via board monitoring, managerial incentives, risk management and other systems – is crucial and challenging. We invite the...

This workshop aims to provide a discussion forum on innovative research and to promote the exchange of views for issues related to central banking among researchers of the Bank of Albania, other central banks, academia and other research institutions. Topics of interest: - What causes inflation?...

Emerging markets have been out of the news for almost two decades. They fared better than advanced economies during the Great Financial Crisis and benefited from the increased global liquidity in its aftermath. This fortunate constellation of events seems to be coming to an end and there are...