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We were wrong about convergence
Several years ago, we celebrated a new era of unconditional convergence of global incomes. Since then, the trend has reversed.
Dec 12, 2025 • Justin Sandefur and Arvind Subramanian
Washington's new model of foreign aid for economic growth
Everybody makes money, but nobody actually makes anything.
Dec 2, 2025 • Justin Sandefur
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