Shocks derived from mining windfalls and horizontal transfers: Exploring the permanent income hypothesis in Chilean municipalities from a spatial competition approach
We explore how spatial interaction affects the strategic use of municipal income when deciding between 1) an optimal long-run expenditure strategy versus 2) using the current income to finance current activities, a phenomenon known as the permanent income hypothesis. Even when this hypothesis is grounded in temporal logic, insufficient attention has been given to the impact of spatial dependence on this type of budget decision. Therefore, we present two reasons why spatial interaction adds new insight to this discussion.
Africa needs context-relevant evidence to shape its clean energy future
Aligning development and climate goals means Africa’s energy systems will be based on clean energy technologies in the long term, but pathways to get there are uncertain and variable across countries. Although current debates about natural gas and renewables in Africa are heated, they largely ignore the substantial context specificity of the starting points, development objectives and uncertainties of each African country’s energy system trajectory.
Three win the EfD Policy Impact Award during the 16th EfD Annual meeting in Uganda
Three research teams were on 25th September 2022 awarded the EfD Policy Impact Award during the 16th EfD Annual meeting held at the Speke Resort Hotel Munyonyo Kampala Uganda. The award is to
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