This paper presents an analysis of the economic impact of electricity price increases in Bangladesh. A computable general equilibrium (CGE) model is developed and used to trace through the impact of an increase in the price of electricity on GDP, household consumption, economy-wide investment,...

Resilience against infrastructure failure is essential for ensuring the health and safety of communities during and following natural hazard situations. Understanding how natural hazards impact society in terms of economic cost, recovery time, and damages to critical infrastructure is essential...

This study finds that natural shocks-storms in particular-are a significant and often leading cause for power supply disruptions. This finding is based on 20 years of high frequency (i.e. daily) data on power outages and climate variables in 28 countries-Bangladesh, the United States and 26...

Many countries have undertaken market-oriented reforms of the power sector over the past four decades. However, the literature has not investigated whether the reforms have contributed to economic development. This study aims to assess the potential macroeconomic impacts of an element of the...

Incorporating qualitative methods into the evaluation of development programs has become increasingly popular in recent years, both for the distinctive insights such approaches can bring in their own right and because of their capacity to comple

This paper introduces a new global database and a policy classification framework that records the financial sector policy response to the COVID-19 pandemic across 154 jurisdictions. It documents that authorities around the world have taken a diverse array of measures to mitigate financial...