Institute for International Economic Policy

IIEP supports policy relevant research in economic development, poverty reduction, and international trade. In particular, World Bank, the U.S.

The Institute research program helps develop effective policy options and academic analysis in a time of growing controversies about international economic integration in many countries around the world. The Institute's work also encompasses policy responses for those who face continued poverty and financial crises despite worldwide economic growth. Affiliated faculty have appointments in the depa

Operating as usual

Photos from Institute for International Economic Policy's post 04/18/2024

Yesterday, we were pleased to cohost "The Future of Finance and Trade in Africa: Harnessing Emerging Technologies and Financial Innovation for Inclusive Growth" with The George Washington University School of Business, The Growth Dialogue, and Believe in Africa at the Elliott School of International Affairs. Bringing together Central Bank Governors, private sector CEOs, digital technology leaders, and academics, this conference served as a high-level forum to discuss the challenges facing the continent and policies and initiatives that can transform African financial systems. Speakers examined the opportunities for African Banks to leverage key emerging technologies, artificial intelligence, cybersecurity, and climate finance to drive sustainable and inclusive economic growth, as well as ways that advanced economies can enhance trade and investment in the region for mutual benefit.

Thank you to our speakers, including:

Kola Aina (Mastercard), Kevin Anderson (Maryland Department of Commerce), Kara Babrowski (U.S. Department of State), Michael Bennett (World Bank), Vincent Berry (African Export Import Bank - Afreximbank), Sheila Cherfilus-McCormick, JD (U.S. Representative, FL-20), Andrew Dabalen (World Bank), Charles H. DeBow, III (National Black Chamber of Commerce), Ekundayo Walton Gilpin (Rokel Commercial Bank), Rosalea Hamilton (Republic of Sierra Leone Honorary Consul to Jamaica), Ede Ijjasz-Vásquez (The Brookings Institution), Tyreek Moore (CultureVations), Uzziel Ndagijimana (Minister of Finance & Economic Planning, Rwanda), Diep Nguyen-van Houtte (IFC - International Finance Corporation), John Rwangombwa (Central Bank Governor, Rwanda), Jewel Howard Taylor (former Vice President, Liberia), and Zainab Usman, Ph.D. (Carnegie Endowment for International Peace).

03/30/2024

We invite you to join IIEP and the GW Economics Department for an upcoming Trade and Development Seminar on April 1st, 2024 at 12:40-2:00pm. This seminar will feature Cory Smith, associate professor of economics at the University of Maryland College of Agriculture and Natural Resources.

Smith's paper, titled "Is Basic Democracy Enough?" examines the impacts of increasing electoral representation in Pakistan's 1960s local councils known as the "Basic Democracies." It shows that councils with more elected members causally raised less revenue and provided fewer public services. This effect holds across various public goods, geographic areas, and villages within the councils. These results can inform our understanding of when elections are effective, particularly in so-called hybrid systems that mix democratic and nondemocratic elements.

Cory Smith is an assistant professor of economics at the University of Maryland College of Agriculture and Natural Resources (AREC). Smith held a postdoctoral fellowship at Dartmouth College's Political Economy Project from 2020 to 2021. He earned his PhD and Bachelor of Science degree in Economics from the Massachusetts Institute of Technology. Smith is also affiliated with the Centre for Economic Research in Pakistan (CERP) as a Research Fellow and holds a fellowship at the Mahbub ul Haq Research Centre (MHRC) at Lahore University of Management Sciences (LUMS).

Learn more and RSVP here: https://bit.ly/3TU4ieo

03/24/2024

We are pleased to announce our upcoming conference on African Finance and Trade on April 17th, 2024. This high-level conference is co-sponsored by The George Washington School of Business, The Growth Dialogue, and Believe in Africa and will feature academics, private sector CEOs, and more.

In an era of rapid technological advancement and heightened global uncertainty, these professionals will gather to discuss the challenges facing the continent as well as the policies and initiatives that can help transform African financial systems. The conference aims to delve into emerging technologies, artificial intelligence, cybersecurity, and climate finance and the innovative solutions that African banks can further develop to help drive sustainable and inclusive economic growth.

The conference will host two keynote speakers, the Honorable Wes Moore, Maryland Governor, as well as US Representative Sheila Cerfilus-McCormick from Florida’s 20th District. Wes Moore is the 63rd Governor of the state of Maryland. He is Maryland’s first Black Governor in the state’s 246-year history, and is just the third African American elected Governor in the history of the United States. Congresswoman Sheila Cherfilus-McCormick, the first Black woman to represent Florida’s 20th congressional district, was re-elected to the U.S. House of Representatives in January 2023 to serve a second term.

Learn more & Register here: https://bit.ly/3Tuhi9d

03/21/2024

We're pleased to invite you to the annual GW India Conference on India’s Economic Development and U.S.- India Economic Relations. This year's event — entitled “Making India an Advanced Economy by 2047: What Will it Take.” — will take place on Tuesday, April 16th from 8:30am to 5pm ET.

The conference will cover a range of topics — from international trade policy and the global economy, to poverty and income inequality, to the challenges and opportunities presented by climate change for India's economy.

We will be joined by several renowned speakers including Arun Kumar, former Assistant Secretary of Commerce at U.S. Department of Commerce; Aaditya Mattoo, Chief Economist of the World Bank; Judith Dean, Professor on International Economics at Brandeis University & IIEP Visiting Scholar; Sabina Alkire, Director of Oxford Poverty & Human Development Initiative (OPHI), University of Oxford; Jishnu Das, Distinguished Professor at Georgetown University; Shoumitro Chatterjee & Devesh Japush of the Johns Hopkins School of Advanced International Studies (SAIS); Prerna Singh, Associate Professor of Political Science and International Studies at Brown University; Mekala Krishnan, Partner at McKinsey & Company; Carter Brandon of World Resources Institute; and Raghuram Rajan, former Governor of the Reserve Bank of India (RBI) & Katherine Dusak Miller Distinguished Service Professor of Finance at The University of Chicago Booth School of Business.

V Anantha Nageswaran, Chief Economic Advisor to the Government of India, will deliver the keynote address on "India's Path to a Advanced Economy: Growth and Structural Transformation".

We hope to see you at this enriching and exciting event on Tuesday, April 16th. Learn more and RSVP: https://bit.ly/4cmCNS3

Photos from Institute for International Economic Policy's post 03/07/2024

Thank you for joining us online & in person for the first three sessions of our 8th and Poverty Reduction Research Conference! Distinguished speakers shared insights into & the of , see who joined us below:

Opening Session:
- Yvonne Aki-Sawyerr OBE, Mayor of Freetown, Sierra Leone
- Omar Masud, Chief Executive, Urban Unit, Pakistan and Cities that Work Council Member
- Don Davis, Ragnar Nurkse Professor of Economics, Columbia University
- Maisy Wong, James T. Riady Associate Professor of Real Estate, The Wharton School

Policy Session - Planning African Cities:
- Alyssa Ayres, Dean of the Elliott School of International Affairs
- Yvonne Aki-Sawyerr OBE, Mayor of Freetown, Sierra Leone
- Charles Hinga, Principal Secretary, State Department for Housing and Urban Development, Kenya
- Mohammed Alhassan Damba, Immediate Past President of Ghana Institute of Planning, Ghana
- Shlomo (Solly) Angel, Professor of City Planning at The Marron Institute
- Edward Glaeser, Fred and Eleanor Glimp Professor of Economics, Harvard University, and Co-Director of the Cities Research Programme, International Growth Centre

Keynote Address:
- Mark Sundberg, Deputy Vice President and Chief Economist, Millennium Challenge Corporation
- Gilles Duranton, Dean's Chair in Real Estate Professor, The Wharton School
- Hugh Cole, Director of Strategy, City of Cape Town, South Africa
- Elena Ianchovichina, Head of Frontier Knowledge, World Bank's Jobs Cross-cutting Solutions Group
- Catalina Marulanda, Practice Manager, Sub-Saharan Africa Region, The World Bank
- Omar Masud, Chief Executive, Urban Unit, Pakistan and Cities that Work Council Member
- Ming Zhang, Practice Manager, East Asia and the Pacific Region, The World Bank

Thank you to our co-sponsors International Growth Centre, World Bank, Elliott School of International Affairs, GW Center for International Business Education and Research, Millennium Challenge Corporation

03/07/2024

HAPPENING NOW: Join us for the 8th Urbanization & Poverty Reduction Research Conference! This event, co-sponsored with the International Growth Centre, The World Bank, Elliott School of International Affairs, World Bank Development Economics, Millennium Challenge Corporation - MCC, and GW Center for International Business Education and Research will focus on urban expansion & the future of cities. Watch live: https://bit.ly/3uHI9pT

A Conversation with Under Secretary Jose W. Fernandez 02/23/2024

Join the Elliott School next Wednesday to hear from Under Secretary for Economic Growth, Energy, and the Environment Jose W. Fernandez discussing "Economic Security is National Security." This event is part of the Dean's Speaker Series, "What's Next in International Affairs."

Jose W. Fernandez leads the State Department’s bureaus and offices that stand at the center of the Biden-Harris Administration’s efforts on climate change, clean energy, health, supply chain security, and other economic priorities. Under Secretary Fernandez is also the United States Alternate Governor to the World Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank.

RSVP:

A Conversation with Under Secretary Jose W. Fernandez Jose W. Fernandez is Under Secretary for Economic Growth, Energy, and the Environment.  He leads the State Department’s bureaus and offices that stand at the center of the Biden-Harris Administration’s efforts on climate change, clean energy, health, supply chain security, and other economic p...

8th Urbanization and Poverty Reduction Research Conference 02/23/2024

ATTENTION: Registration for the 8th Urbanization and Poverty Reduction Research Conference on March 7th and 8th will close February 25th at midnight. The Conference will feature incredible scholarship from around the world on the future of cities and sustainable development, including Elliott School of International Affairs Dean Alyssa Ayres, who will be chairing the first policy session on "Planning in African Cities." Register now:

8th Urbanization and Poverty Reduction Research Conference The 8th Urbanization and Poverty Reduction Research Conference will focus on the theme of urban expansion and the future spatial organization of cities.

The Economic Prospects of Middle-Income Countries ft. Indermit Gill, World Bank Chief Economist 02/21/2024

On December 4th, we had the pleasure of hosting Indermit Gill, Chief Economist of The World Bank and Senior Vice President for Development Economics, for the bi-annual Wenger Family Lecture series on International Business and Finance. Gill led an engaging and enriching discussion on "The Economic Prospects of Middle-Income Countries", along with Christopher Fussner, BA '79, and Professor James Foster as the moderator.

In case you missed the lecture, the recording can now be found on our YouTube channel! To learn more about how middle income countries can overcome stagnation and achieve thriving economies, click here:

The Economic Prospects of Middle-Income Countries ft. Indermit Gill, World Bank Chief Economist The Institute for International Economic Policy was pleased to host Indermit Gill, Chief Economist of the World Bank Group and Senior Vice President for Deve...

02/11/2024

We invite you to join us this Monday, February 12th, for a Microeconomics Seminar from 12:40-2:00pm!

This event will feature Stephen Billings from UC Boulder, the Research Director for the CU Real Estate Center and the Faculty Director of the MS in Real Estate program. Billings will present his paper, "The Erosion of Homeownership and Minority Wealth." This paper explores the effect of institutional investors on homeownership rates for minority households.

This event is co-sponsored with the GW Department of Economics. Learn more and register here: https://bit.ly/3OD95xX

02/01/2024

We are pleased to invite you to the next Trade & Development Seminar on Monday, February 5th from 12:30 to 2pm ET, featuring The World Bank senior economist Sandra Rozo.

Rozo is an integral member of the Poverty and Inequality Research Program of the World Bank's Development Research Group. At Monday's event, Rozo will present her paper "Unraveling the Domino Effect: The Impacts of Mass Migration at Origin Countries", which examines effects of the massive exodus of Venezuelan migrants in Venezuela's economic growth, inequality, and electoral outcomes.

Rozo's work has been published in leading economic and development journals and has helped inform a range of policy. Her research focuses on the effects of violence and conflict in developing countries and the economic and policy implications of forced migration on hosting communities.

Learn more and register here: https://bit.ly/3UHarM7

09/19/2023

The increasing global disappearance of lakes due to climate change is a critical trend to study as this phenomenon affects migration, land use, trade, roads, cities, and more.

IIEP director Remi Jedwab's recent working paper, joint with The George Washington University's Federico Haslop, and the World Bank's Roman D. Zarate and Carlos Rodríguez–Castelán, examines the effects of the permanent shrinking of Lake Chad, which used to be the 11th-largest lake in the world.

Read the paper here to learn more: http://bit.ly/3EipUbS

Meet the GW Institute for International Economic Policy Executive Circle’s New Chairs 09/07/2023

We are thrilled to welcome the new IIEP Executive Circle Co-Chairs! Lisa Schroeter (BA '92) and Carl Richardson (MA '99) are senior leaders in their fields whose work is reflective of IIEP's mission. Learn more about their work and vision here:

Meet the GW Institute for International Economic Policy Executive Circle’s New Chairs Lisa Schroeter, BA ’92, and Carl Richardson, MA ’99, are stepping up to co-chair the IIEP Executive Circle, which offers strategic guidance to the GW Institute for International Economic Policy (IIEP), located at the Elliott School. The global group also mentors and supports students in the Elli...

08/15/2023

Can public disclosure policies raise tax compliance? IIEP Faculty Affiliate Tanner Regan's recent paper, "Public Disclosure and Tax Compliance: Evidence from Uganda" (joint with Priya Manwaring), explores this question and more.

Read the full paper here: https://bit.ly/45aLJ8Y

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