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Economic Development
David Evans
June 21, 2017
Source: Free materials from www.gapminder.org
Butoyi family
Burundi
5 people at
$27/month
[8 school lunches]
Source: Free materials from www.gapminder.org
Callo Ocoro
family
Colombia
6 people at
$163/month
[50 school lunches]
Source: Free materials from www.gapminder.org
Gada family
India
3 people at
$466/month
[143 school lunches]
Source: Free materials from www.gapminder.org
Sdambulyak
family
Ukraine
5 people at
$10,090/month
[3,104 school lunches]
Source: Free materials from www.gapminder.org
How many extremely poor people are in the world?
($1.90 per day)
A. 40 million
B. 400 million
C. 700 million
D. 1.5 billion
Source: Cruz et al. 2015
How many extremely poor people are in the world?
($1.90 per day)
A. 40 million
B. 400 million
C. 700 million
D. 1.5 billion
Source: Cruz et al. 2015
Is life getting better or worse over time?
Source: Free materials from www.gapminder.org
Source: Free materials from www.gapminder.org
Where is life toughest?
Development economics
• Macro: Why are some countries rich and others
poor
• Micro: How can poor families get out of poverty?
Economicgrowth
• Produce things to trade
• Produce those things more efficiently
• “Institutions”
• Easy to produce things
• Peace
• Human capital: Better education and health
What makes countries grow?
Economicgrowth
The World Bank’s goal
• Encourage growth
• End extreme poverty
Education matters!
Source: Hanushek et al. 2008
Source: Early Grade Reading Barometer
What do I do?
• Help governments figure out if an anti-poverty
program works
• Will giving out cash help people invest in their
children in Tanzania?
• Will providing textbooks improve learning in Sierra
Leone?
• How can we make health better in rural Nigeria?
How do you get there?
Economics
Middle school
High school
College
Master’s Degree
PhD in Economics
Who else works in
development?
Engineers
Doctors
Business experts
Educators
Lawyers
…

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