World Development

  • Aquaculture May Reduce Rural Poverty, Income Inequality

    Aquaculture May Reduce Rural Poverty, Income Inequality

    Since 2014, more than half of all fish consumed by humans have been farmed rather than caught in the wild. Aquaculture — which includes the farming of not only fish, but also mollusks, shellfish, algae, seaweed and more — has grown exponentially for decades and has emerged as a major…

  • Participatory Budgeting: Increasing the Power of the Taxpayer over Public Expenditures

    Participatory Budgeting: Increasing the Power of the Taxpayer over Public Expenditures

    How effective is participatory budgeting at increasing government accountability and responsiveness in municipalities? Programs in Brazil find that allowing residents to choose preferential projects improves their social welfare and shifts constituent priorities to the forefront of public expenditures.

  • Intellectual Property Rights Spur Innovation…Sometimes

    Intellectual Property Rights Spur Innovation…Sometimes

    Researchers find that a universal IPR level could have a sub-optimal impact on innovation.