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Undocumented Immigration May Make Communities Safer

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The increase in undocumented immigration into the United States over the past two decades has fueled controversies about public safety impacts. President Trump has stated explicitly, both during his campaign and as president, that undocumented immigrants, spec... More »

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Is Pooled Financing a Magic Bullet?

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Today, many developing countries need infrastructure financing to accommodate massive influxes of rural populations to metropolitan areas. Between 2010 and 2030, there will be demand for $15.8 trillion in infrastructure in Asia, $1.3 trillion in emerging Europ... More »

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When Formality is too Costly: An Experiment from Benin

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Many economies in the developing world exhibit a dual structure: the formal sector and the informal sector. While large firms operate in the formal sphere, a majority of small- to medium-size firms operate informally. Estimates of the size of the informal econ... More »