@Shanta_WB

Shanta Devarajan is a Professor of the Practice of Development at Georgetown University’s School of Foreign Service.

 Washington, DC
brookings.edu/futuredevelopment
Joined March 2011
  • Tweets5.6K
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26Media
Replace the intra-African trade share with a meaningful statistic about trade integration brookings.edu/articles/intra… by @BBSimons

Why the intra-African trade share misleads on integration

Bright Simons shows Africa's headline integration statistic, the intra-African trade share, moves with oil prices more than with regional trade.

brookings.edu
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Mon article, « Les coûts du déni », est publié shs.cairn.info/tap-zoooklyke…. J’y attribue les mauvaises performances recentes des pays d’Afrique, du Moyen-Orient et d’Asie du Sud à la forte croissance qu’ils ont connue, qui a permis aux responsables de nier la mauvaise gouvernance.
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World Bank Group
@WorldBankGroupSep 16
ANNOUNCEMENT: Michael Kremer appointed as World Bank Group Chief Economist and Senior Vice President for Development Economics. bit.ly/4cQg0zT
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Pratap Bhanu Mehta
@pbmehtaAug 6
The difficult question Gen Z is asking is not just about Modi. It is more personal.
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The significance of the World Bank’s climate retreat by @vthomas14 brookings.edu/articles/the-s…

The significance of the World Bank’s climate retreat | Brookings

Vinod Thomas argues that the World Bank's retreat from its climate finance target signals a reversal of priorities and strengthens the case for a green bank.

brookings.edu
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Students protest in India over more than exam leaks cgdev.org/blog/student-prote… Another case of high growth hiding deep governance failures? cgdev.org/publication/costs-…

Student Protests Over Corruption in India’s Rare Pathway to Intergenerational Mobility

For about six weeks now, thousands of young Indians have camped out in nonviolent protest and hunger strikes in New Delhi. This situation has now hardened into a serious political challenge for the...

cgdev.org
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Shanta Devarajan retweeted
Harry A. Patrinos
@hpatrinosJul 24
Student Protests Over Corruption in India’s Rare Pathway to Intergenerational Mobility - interesting post by Eeshani Kandpal cgdev.org/blog/student-prote…

Student Protests Over Corruption in India’s Rare Pathway to Intergenerational Mobility

For about six weeks now, thousands of young Indians have camped out in nonviolent protest and hunger strikes in New Delhi. This situation has now hardened into a serious political challenge for the...

cgdev.org
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Africa's ‘idle trillions’ are already hard at work by @BBSimons brookings.edu/articles/afric…

Africa's ‘idle trillions’ are already hard at work | Brookings

Simons unpacks why Africa's $2 trillion capital pool can't simply fund infrastructure, and the real constraint on African infrastructure isn't idle savings but bankable projects.

brookings.edu
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How to unlock investments in the hardest places by @pmbisca brookings.edu/articles/unloc…

Capital with a compass: How to unlock investments in the hardest places | Brookings

Bisca argues that to mobilize private capital in fragile states, MDBs must double down on governance and put underused strategic intelligence to work.

brookings.edu
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Shanta Devarajan retweeted
Pratap Bhanu Mehta
@pbmehtaJul 17
"Evil without Agents": A pathology of contemporary political discourse
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Khoa Vu@KhoaVuUmnJul 12
People complain about FIFA rigging the games then come back to writing about why we should do industrial policy.
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From Pierre-Olivier Gourinchas (ex-@IMFNews, @berkeleyecon ) The World’s Superpowers Are Scrambling for an Edge. It Makes All of Us Less Safe. nytimes.com/2026/07/10/opini… via @NYTOpinion

Opinion | The World’s Superpowers Are Scrambling for an Edge. It Makes All of Us Less Safe.

There’s a way for nations to avoid endless trade wars.

nytimes.com
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Kevin Carey@Kevin_Carey_WBJul 8
New World Bank report on Sovereign Investor Relations (SIR) including nice discussion of the role of SIR in a debt restructuring, with a box giving example of Sri Lanka: "Ultimately, Sri Lanka’s high participation rates in Eurobond exchanges (96-98 percent) were primarily ..."
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When economic growth leads governments and international agencies to overlook (deny) governance problems, citizens distrust government more and revolt. The turmoil can undermine growth. #Africa #ArabSpring #SriLanka #Bangladesh cgdev.org/blog/costs-denial

The Costs of Denial

Governance problems do not disappear during periods of rapid growth. Ignoring them merely postpones the reckoning. In many countries, the cost of that denial has been measured in lost growth,...

cgdev.org
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A timely publication!
Tony Addison@TonysAngleMay 30
Geopolitics, critical minerals, hydrocarbons. 🌍@OUPAcademic Open Access 👇 global.oup.com/academic/prod…
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Navigating uncertainty: Lessons from ongoing social protection responses to high energy prices brookings.edu/articles/socia…

Navigating uncertainty: Lessons from ongoing social protection responses to high energy prices |...

Ugo Gentilini discusses why subsidies dominate crisis responses to high energy prices and social protection for an era of persistent volatility.

brookings.edu
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Charles Kenny@charlesjkennyApr 7
New blog with Eeshani Kandpal: The World Bank’s Self-Inflicted Crisis. The World Bank is undertaking some extremely odd internal reforms: ▪️ A centralization of expertise that appears to replicate Jim Kim’s “One World Bank Group” model that was widely considered a failure ...
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Deshal de Mel@deshaldMar 27
Turns out Sri Lanka (afka Ceylon) was involved in a sovereign debt restructuring in 1953, as a creditor (!) Likely restructuring export credit (tea or rubber) to germany pre-war, which also included a SCDI linked to german economic growth and exports. researchgate.net/publication…

(PDF) The economic consequences of the 1953 London Debt Agreement

PDF | In 1953 the Western Allied powers implemented a radical debt-relief plan that would, in due course, eliminate half of West Germany’s external debt... | Find, read and cite all the research you...

researchgate.net
Michael Pettis
@michaelxpettisMar 26
Replying to @michaelxpettis
4/5 There were 18 other creditors, mostly European, but also Canada, Ceylon, Iran, Pakistan, and South Africa. Among the European creditors, interestingly enough, was Greece, the memory of which helped spice up the post-GFC discussions on Greek debts to Germany and the EU.
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To have impact, the World Bank needs to demand knowledge that challenges, disciplines--and occasionally disrupts cgdev.org/blog/world-bank-do…

The World Bank Doesn’t Need to Generate More Knowledge. It Needs to Want It.

At least since former World Bank President Jim Wolfensohn coined the phrase “knowledge bank,” there have been periodic efforts to strengthen evidence-based policymaking at the World Bank. They have...

cgdev.org
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How Kerala eliminated extreme poverty with modest (6 percent) growth brookings.edu/articles/how-k…

How Kerala eliminated extreme poverty | Brookings

Jayant Menon and Vinod Thomas examine how Kerala nearly eliminated extreme poverty through sustained social investment, targeted safety nets, and community-led monitoring.

brookings.edu
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