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Eradicating the Disease of the Empty Granary: Health, Structural Transformation, and Intergenerational Mobility in West Africa
Although structural transformation – the movement of workers from agriculture into manufacturing and services in cities – is a key component of economic development, its microeconomic foundations are not well-understood. However, recent empirical work has shown that scientific breakthroughs such as genetically engineered soybeans or massive irrigation infrastructure projects can lead to structural transformation by…
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Rags to Rags: The Effects of the New Poor Law across Three Generations
Budget cuts are common during times of fiscal austerity and often include substantial reductions in welfare spending. In developed economies, the withdrawal of income support for poor families can have wide-ranging consequences in the short run, including increasing poverty and criminal activity as well as worsening health and educational outcomes. However, our understanding of the…
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