Industrial Policy in the 21st Century
February 18, 2025 at 9:00 AM EST
Join this ECA Talk to discuss the EBRD Transition Report 2024-25 and learn more about industrial policies.
Join this ECA Talk to discuss the EBRD Transition Report 2024-25 and learn more about industrial policies.
Will recent advances in AI complement and enhance or diminish the value of human expertise? David Autor explores this question through the lens of three technological revolutions of the last two centuries. This ECA Talk discussed the opportunities AI opens for the labor market, along with the risks it poses.
This discussion offers practical recommendations for integrating government analytics into policymaking across sectors, with actionable strategies to enhance transparency, efficiency, and impact.
This ECA Talk discussed the recent comparative analysis of development paths and the nature of post-communist capitalism in 11 new EU member countries of Central and Eastern Europe (CEE-11) between 2004 and 2023.
Despite the multitude of measures of multidimensional inequality, none is regularly used in policymaking. This ECA Talk will discuss the recent paper by Michael Lokshin and James Foster that proposes multidimensional inequality measures that are easily implementable and transparent and overcome many deficiencies of existing measures.
During this ECA Talk we discussed the recent study "Clean Growth" by Costas Arkolakis and Conor Walsh. This study provides an economic framework to analyze the regional and aggregate economic impact of the cost reductions in solar and wind across the world.
During this ECA Talk, we discussed recent trends in OOP health spending in the ECA region and presented new evidence on policies designed to reduce out-of-pocket outlays.
This ECA Talk presented the “World Emissions Clock” and the underlying data model, which includes greenhouse gas projections for 180 countries, including all ECA countries, 5 sectors, and 24 subsectors in 3 scenarios until 2050. This dataset allows for benchmarking each country’s sector against peers and best-practices.
In Europe and Central Asia (ECA), economic growth has trended down since the global financial crisis. This has been accompanied by a slowdown in productivity and more sluggish creative destruction. What is necessary for a more vibrant business environment? This conference highlighted recent research on business dynamism and discussed its implications for future work in the ECA region.
The recent World Bank study about the two-way relationship between cities and climate change shows that cities hold one of the keys to solving the climate crisis. Watch the replay of this ECA Talk to learn more about how to help cities become greener, more resilient, and more inclusive in a changing climate.
During this ECA Talk, we discussed the paths that Estonia and Ukraine have taken toward public sector digital transformation. The speakers covered topics including building civil service capacity for digital innovation, balancing investments in digital services with ongoing operational costs, and the joint efforts of Estonia and Ukraine in creating shared digital solutions that are both cost-effective and scalable.
According to the PISA 2018 test, Estonian students were the top performers in both Europe and the OECD in all three domains of assessment - reading, mathematics and science. Watch the event replay to learn more about Estonia’s education system and what policy lessons other countries can draw from its success.
This ECA Talk presented the analysis of the latest Fall 2023 Europe and Central Asia (ECA) Economic Update. The report shows that the region continues to be negatively impacted by Russia’s invasion of Ukraine, tighter global financial conditions, persistent inflation, and global economic fragmentation. Watch the recording to learn more about growth outlook, key opportunities and priorities for ECA countries.
This ECA Talk presented work on convergence, development traps and the geography of discontent in Europe, then looks at the challenges this raises for policies aiming at national and regional convergence.
This ECA Talk explored firm level data in the French manufacturing sector to see the impact of energy shocks and energy prices on businesses. The discussion suggested that over time, the impact of electricity shocks had weakened, suggesting that only firms capable of adapting their production process to weather cost shocks have survived.
This conversation discussed the analysis and main findings of Spring 2023 Europe and Central Asia Economic Update. Economic growth slowed sharply last year in the region, as Russia’s invasion of Ukraine, a surge in inflation, and the sharp tightening of monetary policy and financial conditions hit private consumption, investment, and trade. The marked increase in food and energy prices boosted inflation to a pace not seen in 20 years.
2023 marks 50 years since the publication of Returns to Education: An International Comparison. This conference recognizes this milestone and reassesses the progress in measuring the benefits of education.
During this ECA Talk, University of Pittsburgh Professor Jennifer Murtazashvili presented on decentralization and conflict, discussing lessons from Afghanistan, Ukraine, and beyond. Based on her extensive research, she presented a big picture review of what we know, lessons we can learn, and ways forward.
Should we trust GDP growth estimates provided by autocratic regimes? The focus of this discussion was on evidence that data from nighttime lights (NTL) recorded by satellites from outer space suggests autocracies are significantly overestimating GDP growth.
How do innovation and education policy affect individual career choice and aggregate productivity? This talk discussed the various layers that connect R&D subsidies and higher education policy to productivity growth. We put the development of scarce talent and career choice at the center of a new endogenous growth framework with individual-level heterogeneity in talent, frictions, and preferences. Education and innovation policies not only alleviate different frictions, but also impact innovation at different time horizons.