Economic Research Forum (ERF)

Shanta Devarajan

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Shanta Devarajan
Professor of the Practice of International Development, Edmund A. Walsh School of Foreign Service, Georgetown University

Shanta Devarajan is Professor of the Practice of International Development, Edmund A. Walsh School of Foreign Service, Georgetown University. He was previously the Senior Director for Development Economics (DEC) at the World Bank. His research covers public economics, trade policy, natural resources and the environment. His Ph.D. in economics is from the University of California, Berkeley.

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Fiscal policy for Covid-19 and beyond

Covid-19 has hit developing countries hard. This Brookings column suggests that the crisis could galvanise governments to reduce ‘leakages’ of public spending to beneficiaries other than those for whom it is intended. The objectives should be creating fiscal space to serve the poor better while setting the stage for recovery and sustained economic growth.

Creating jobs: East Asian success and MENA failure

Comparing the experiences of MENA and East Asia in recent decades reveals the delicate nature of the latter’s remarkable structural transformation: several parts of the economy had to be pulling in the same direction. This column explains how East Asia succeeded – and MENA failed – in generating productive employment.

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