Jim Cust @jimcust Twitter profile

Last Seen Profiles

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@haniyatimor27

Jim Cust

@jimcust

5 years

Are you an African economist interested to get early-career experience working with the World Bank? Then please apply for the @WorldBankAfrica Fellowship Program. We are NOW accepting applications! ▶️ ⚠️Deadline: August 25 #WBGFellows

World Bank Group Africa Fellowship Program

The program targets young talented African nationals who are completing or have recently completed their Ph.D. in an area relevant to the World Bank’s work. The fellowship program has been very...

www.worldbank.org

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Jim Cust

@jimcust

5 years

Still a few more days left to apply: ⚠️Deadline: August 25 Are you an early-career African economist interested to get experience at the World Bank? Then please apply for the @WorldBankAfrica Fellowship Program. ▶️ #WBGFellows

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Jim Cust

@jimcust

5 years

After a long journey – we ran our first regressions in 2012 - our paper on the impact of institutional quality on oil drilling is now out in @JEEA_News (joint work with @tfharding ). 📣And its free/open access! ➡️ Thread: 1/n

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Jim Cust

@jimcust

4 years

Are you a PhD economist keen to work on African economic policy issues? We're looking to recruit an economist to work with our new network of 40 African chief economic advisors to heads of state: . Application details here:

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Jim Cust

@jimcust

4 years

Calling all early-career African economists who might be interested to get experience working with the World Bank 📢Please apply for the @WorldBankAfrica Fellowship Program. We are NOW accepting applications! ➡️ (link: ) ⚠️Deadline: August 23

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Jim Cust

@jimcust

5 years

Come join our team! Are you an early-career African economist interested to work with us? Then please apply for the @WorldBankAfrica Fellowship Program. We are NOW accepting applications! ▶️ ⚠️Deadline: August 25 #WBGFellows

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Jim Cust

@jimcust

5 years

This is a chilling suggestion of how the top 5 Econ journal may system operate - via networks and hidden review/lobbying mechanisms. How many scholars from developing countries, among others, may never have the opportunity to make the case for their paper in person? #econtwitter

Florian Ederer

@florianederer

5 years

My Econometrica paper on peer effects was rejected at all the other 4 top 5 journals. We knew we had a good paper (and I guess the citations since then back that up), but we only got it published after I spent an hour-long conversation with the editor at that time ...

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Jim Cust

@jimcust

2 years

The 'eat local' movement for the climate is terribly misguided. Its so easy to underestimate how efficient the global economy can be. Food transport responsible for 6% of emissions; while dairy, meat and eggs account for 83%! Great analysis from @_HannahRitchie :

Hannah Ritchie

@_HannahRitchie

2 years

Most people think that eating locally is much better for the climate than going vegetarian 👇 In reality, the opposite is true:

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Jim Cust

@jimcust

5 years

If tropical deforestation was a country, it would rank as the world's third largest emitter of greenhouse gas emissions

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Jim Cust

@jimcust

5 years

Are you an African economist interested to get early-career experience working with the World Bank? Then please apply for the @WorldBankAfrica Fellowship Program. We are NOW accepting applications! ▶️ ⚠️Deadline: August 25 #WBGFellows

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Jim Cust

@jimcust

5 years

What is the "presource curse" and can Uganda avoid it? Patience, plus learning the lessons from Ghana and Mozambique may be key: @davidmihalyi @NRGInstitute @WorldBankAfrica

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Jim Cust

@jimcust

6 years

We're hiring! Come join the team at the Office of the Chief Economist for Africa at th World Bank. We're looking for an economist consultant, providing research support and working with government chief economic advisors across Africa. Details here:

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Jim Cust

@jimcust

3 years

Very proud of our new @WorldBank report on the Changing Wealth of Nations. We examine how sustainably countries have managed their wealth, and how they can shift to more sustainable development by getting policies and prices right. Read more: #CWON2021

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Jim Cust

@jimcust

6 years

Prof Benno Ndulu says most striking result of IMF-DFID research on inequality and growth: not that inequality is bad for growth but that redistribution is good for growth. #OxCSAE2018 @IMFNews

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Jim Cust

@jimcust

2 years

African network of chief economists of government (CEoG) forum is underway in Abidjan. As advisors to their Presidents they have fascinating stories to share on how to give good economic advice amidst politics and economic challenges.

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Jim Cust

@jimcust

4 years

“Natural Resource Discoveries, Citizen Expectations and Household Decisions” 📰New WB paper from @myjumens and me. 📈We measure how much citizen’s expectations and behavior changes following major oil and gas discoveries ➡️Link to paper: Thread:1/5

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Jim Cust

@jimcust

4 years

We're busy prepping next edition of the World Bank's Changing Wealth of Nations book and database: We're looking for a great data vis firm to work with us on a new interactive tool to navigate evolution in natural, human and productive capital DM's open

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Jim Cust

@jimcust

5 years

Êtes-vous un économiste Africain? Seriez-vous intéressé par une première expérience professionnelle avec la Banque Mondiale? Alors, veuillez postuler au programme @WorldBankAfrica Fellowship. ▶️ ⚠️Date limite: 25 Août #WBGFellows

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Jim Cust

@jimcust

2 years

It was a pleasure to speak at the annual gathering of African Central Bank Governors in Oxford last week at @BlavatnikSchool . How to get the most from the return of commodity price supercycle was high on the agenda.High oil+gas prices plus new discoveries are raising the stakes

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Jim Cust

@jimcust

5 years

Trade liberalization can be hard on workers including those in sub-Saharan Africa

Juan Pablo Rud

@juanpablorud

5 years

Econs agree that an open economy improves welfare, but we also understand that there are losers from liberalizing trade. This new paper shows how hard it is for workers in affected sectors to cope in middle-income countries. Public policy is key to mitigate these shocks.

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Jim Cust

@jimcust

7 years

Can the resource curse strike before production even begins? We show evidence that it can/does: the presource curse

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Jim Cust

@jimcust

5 years

@florianederer Thanks for sharing this information publicly but personally I find this chilling that an editor can be lobbied in this way (in a way that is highly exclusionary to people without this access such as scholar in developing countries)

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Jim Cust

@jimcust

6 years

Are you a Ph.D. student from Sub-Saharan #Africa ? This opportunity is for you: #wbgfellows

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Jim Cust

@jimcust

4 years

Weekend reading : KY Amoako’s memoirs as a story through five decades African development and policy. Inspiration, commitment and occasional deja vu makes for essential reading for those who care about Africa’s economic transformation

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Jim Cust

@jimcust

7 years

Can the resource curse strike before production even begins? Read our new piece on the 'presource curse' w lessons from #Ghana #Tanzania #Mozambique w @davidmihalyi in latest F&D!

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Jim Cust

@jimcust

7 years

The shift away of fossil fuels would mean big risks for some of the world's poorest "stranded nations":

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Jim Cust

@jimcust

7 years

The changing face of economics research- from theory to data and econometrics:

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Jim Cust

@jimcust

6 years

Interested in the resource curse? Listen to this @imf_podcast featuring our new research on the Presource curse @davidmihalyi

IMFPodcast

@imf_podcast

6 years

Do oil discoveries live up to expectations? Listen to latest @imf_podcast with WB economist @jimcust #oil #development #naturalresources

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Jim Cust

@jimcust

6 years

Looking forward to presenting today at #neudc2018 our paper on the 'Presource curse' (joint work with @davidmihalyi ). We find evidence that resource discoveries trigger growth disappointment effects - triggering resource curse earlier than prev thought:

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Jim Cust

@jimcust

5 years

Great to have @toddjmoss speaking to us today at WB Africa economics seminar. He’s laying out the 5 big mistakes in fighting energy poverty - including the “lure of sexy techno-fixes” such as solar home systems and elec generating soccer balls! Not going to transform Africa 1/n

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Jim Cust

@jimcust

6 years

Thrilled to have been asked to join @payneinstitute as a non-resident fellow. Led by inaugural director @MBazilian at @coschoolofmines it has a great opp to become leading center for research on public policy issues of energy and natural resources:

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Jim Cust

@jimcust

6 years

New DFID Chief Economist @rglenner : more, better policy relevant research means theory driven since it’s about testing underlying behaviors- and therefore more generalizable #OxCSAE2018

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Jim Cust

@jimcust

6 years

We're hiring! Come join the team at the Office of the Chief Economist for Africa at the World Bank. We're looking for a consultant Data Scientist, providing data analysis and visualization support to the Think Africa Partnership. Details here:

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Jim Cust

@jimcust

6 years

Government balance sheets in resource rich countries suddenly look a lot less healthy if depletion of natural wealth is properly accounted for:

The Future We Need

@thefutureweneed

6 years

We are asking for minerals to be recorded as non-financial non-produced assets, mining to be treated as the sale of non-financial assets, and GDP to exclude mineral depletion. @IMFNews #fiscalmonitor discusses this, finds @Kazakhstan Net Operating Balance reduces by 10% of GDP!

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Jim Cust

@jimcust

4 years

Join me next week for a live online discussion of key issues in natural resource governance. I'll be speaking alongside some fantastic experts:

Blavatnik School of Government

@BlavatnikSchool

4 years

Online event: Managing oil, gas and mining governance in exceptional times with @DavidManleyEcon , @jimcust , @eric_parrado , @ali_readhead , @bp_plc and more. In partnership with @NRGInstitute as part of our #OilGasMining course. Thu 10 Sep, 14:00 BST

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Jim Cust

@jimcust

3 years

It has been deeply saddening to watch the presource curse/resource curse unfold in real-time over the past decade in Mozambique

Gerhard Toews

@GerhardToews

3 years

Few thoughts on what just happened to Tom. We met very briefly a few years back in Maputo when @pl_vezina and I were presenting our work on the consequences of Mozambique's offshore gas discoveries in 2009. It is scary how predictable this was...

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Jim Cust

@jimcust

4 years

History casts a long shadow, even when societies try really really hard to break the economic links to the past

Whyvert

@whyvert

4 years

Despite full Maoist Communism in China, descendants of former landlords and rich peasants today earn 16% more than descendants of others. They couldn't inherit wealth from grandparents, parents were barred from university in Cultural Revolution, but they inherited something

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Jim Cust

@jimcust

4 years

From five years ago today!

Entrepreneur

@Entrepreneur

9 years

Scientists Say They Can Recreate Living Dinosaurs Within the Next 5 Years http://t.co/NCHlCVx8ad by @Geoff_Weiss http://t.co/4vk36Xa13Y

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Jim Cust

@jimcust

7 years

Thrilled to present our paper on the presource curse at the IMF today. Thanks @a_presbitero for the invitation: @davidmihalyi

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Jim Cust

@jimcust

5 years

Brand new WB flagship study on energy access in Africa launched today. In some countries more than half of connected households reported receiving electricity less than 50 percent of the time in 2014. How do we address this while raising overall access?

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Jim Cust

@jimcust

2 years

Really interesting new paper on the impacts of artisanal mining in Africa - for both livelihoods and the natural environment Millions of world's poorest people depend on artisanal mining but its proven very hard to study its impacts given very limited data, until now....

Victoire Girard

@victoire_girard

2 years

New paper&data📢 Artisanal mining provides livelihoods to 130-270 million people With @teremolin & Guillaume Vic we provide the first estimates of the environmental & wealth impacts of #ASM #deforestation #Africa #EconTwitter 🧵1/n

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Jim Cust

@jimcust

5 years

Important new analysis on the role of national oil companies- the “Hidden Giants” in many of the worlds poorest economies and a key actor in the global fossil fuel industry. A successful carbon transition will depend on how they evolve...

Natural Resource Governance Institute

@NRGInstitute

5 years

"Hidden Giants: It’s time for more transparency in the management and governance of national #oil companies." Article from NRGI's @prpheller , @DavidManleyEcon and @davidmihalyi in the new issue of the IMF's Finance & Development.

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Jim Cust

@jimcust

6 years

Great opportunity for Africa scholars - apply below for 2 year postdoc fellowship #grants (up to £150k per year)➕support, training and mentoring ➕network opportunities to develop international collaborations (h/t @DFID_Research )

The Royal Society

@royalsociety

6 years

Our new 2-year grant scheme for African early career scientists, FLAIR, opens for applications today in partnership with @AASciences @AAS_AESA #GCRF #FLAIR #postdocfellowships

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Jim Cust

@jimcust

5 years

We're hiring! Come join the team at the Office of the Chief Economist for Africa at the World Bank in Washington DC. We're looking for a full-time Economist consultant, providing economic analysis and data visualizations Details here:

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Jim Cust

@jimcust

3 years

So sad to hear of the passing of Prof Benno Ndulu. A huge loss to African economics and policymaking who played so many roles - Tanzania's CB Governor '08-18, a founder of @AERCAFRICA and the Chief Economists network, and professor & teacher to so many.

Former Bank of Tanzania governor Benno Ndulu dies aged 71

He had been receiving treatment at Hubert Kairuki Memorial Hospital in Dar es Salaam.

www.theeastafrican.co.ke

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Jim Cust

@jimcust

3 months

Please join us in Oxford this September for the exec training program on “Managing #Mining , #Oil & #Gas for National Development” from @BlavatnikSchool , @UniofOxford & @NRGInstitute . I co-chair this program with @ali_readhead and Prof. Paul Collier, teaching on the implications

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Jim Cust

@jimcust

4 years

Important new report launched today by @NRGInstitute and @davidmihalyi on the issue of 'resource-backed loans'. These deals, often made as exchange of oil for infrastructure, can be opaque, noncompetitive, and potentially bad value for money for citizens of resource-rich nations:

Natural Resource Governance Institute

@NRGInstitute

4 years

A new NRGI report outlines the many risks, but also opportunities, presented by #ResourceBackedLoans . How can borrowers and lenders improve the deals? NRGI researchers have outlined nine recommendations.

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Jim Cust

@jimcust

1 year

New podcast on the green mineral opportunity - where I discuss what this could mean for Africa's resource rich economies

Bloomberg Economics

@economics

1 year

The green minerals boom has triggered a scramble for natural resources. Countries rich with raw materials are trying to capitalize on it without falling victim to the “resource curse” (via @MyStephanomics @ClaireJiao @jfarchy @MollySmithNews )

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Jim Cust

@jimcust

7 years

Looking forward to presenting paper today@ #IEAWC2017 'Stranded Nations' and reducing climate risks #strandedassets

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Jim Cust

@jimcust

7 years

Our new working paper: Evidence for a presource curse? Major oil discoveries lead to S.R. growth disappointments

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Jim Cust

@jimcust

5 years

Looking forward to contributing to this fantastic course for senior government officials. I’ll be speaking on the challenges faced transforming resources into longterm prosperity. Not an easy feat but definitely possible:

Natural Resource Governance Institute

@NRGInstitute

5 years

This weekend 53 senior officials and executives from 23 countries will travel to #Oxford for the annual NRGI- @BlavatnikSchool high-level course on natural resource governance. Read this conversation with a 2018 #OilGasMiningOxford alum:

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Jim Cust

@jimcust

5 years

It’s an important day for development economics - and for those trying to change the world for the better through applied economics. Congrats Banerjee, Duflo and Kremer!

The Nobel Prize

@NobelPrize

5 years

BREAKING NEWS: The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.” #NobelPrize

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Jim Cust

@jimcust

6 years

Estimating the effects of palm oil cultivation expansion on poverty and incomes in Indonesia - by @ryanbedwards at #NEUDC2018 . Expansion explains significant poverty reduction but comes with large forest losses

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Jim Cust

@jimcust

6 years

Sounding the alarm on Africa’s debt: for most countries cost of borrowing exceeds the rate of growth. Via

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Jim Cust

@jimcust

2 years

Getting the most from natural resources means investing resource revenues in a country's assets (people, infrastructure) not just on chasing export diversification. See the excellent piece in this week's Economist on the challenges faced in Africa:

How Africa can reduce its reliance on commodities

Invest the profits in infrastructure and people

www.economist.com

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Jim Cust

@jimcust

5 years

Mineral foundations of energy transition - day 2 underway. Green tech is metal intensive. Niche metals going to see big demand changes but not only them - nickel, cobalt, lithium, copper, bauxite - all have potential supply shortfalls at current investment levels @payneinstitute

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Jim Cust

@jimcust

5 years

For anyone interested in economic development in oil rich countries this thread explains the important (but gloomy) new evidence on diversification possibilities:

Michael Ross

@MichaelRoss7

5 years

My paper “What do we know about export diversification in oil-producing countries?” is just out in Extractive Industries and Society. I know the topic sounds obscure, but it’s critical for global climate politics & development. Here’s why. Thread

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Jim Cust

@jimcust

9 months

New research casts doubt on ESG claims made in developing countries (where regulations may be weaker). More deforestation occurs where institutions are weaker, even if clearance done by supposedly “responsibly” companies:

VoxDev

@vox_dev

9 months

🆕 Better state governance reduces local environmental footprints from oil drilling, “better” corporate governance has no impact. @jimcust ( @wb_research @WorldBankAfrica ), @tfharding ( @UniStavanger ), Hanna Krings & @alexis_ribal outline their research:

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Jim Cust

@jimcust

4 years

The current COVID-19 crisis has increased awareness of how much good policy relies on good data, without which we all pay the price of poor choices. However, African policymakers are data impoverished - and this does not bode well for their citizens:

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Jim Cust

@jimcust

4 years

There’s alot being made of falling pollution (and public health benefit) from coronavirus in China. However without economic decoupling it’s imp to remember this means a slump in nat resource demand which hits Africa and worlds poorest countries v hard

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Jim Cust

@jimcust

4 years

Fascinating newly accepted QJE paper on church donations as insurance - including evidence from Ghana. "Members enrolled in insurance give sig. less money to their own church compared to [those not]. Enrollment also reduces giving towards other spiritual goods."

QJE

@QJEHarvard

4 years

Recently accepted by #QJE : “God Insures Those Who Pay? Formal Insurance and Religious Offerings in Ghana,” by Auriol, Lassébie, Panin ( @amma_panin ), Raiber ( @evaraiber ), and Seabright:

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Jim Cust

@jimcust

3 years

A sad day. My PhD research wouldn't exist without the great work that came before, especially the classic Corden and Neary paper on resource booms and 'Dutch disease':

Booming Sector and De-Industrialisation in a Small Open Economy

W. Max Corden, J. Peter Neary; Booming Sector and De-Industrialisation in a Small Open Economy, The Economic Journal, Volume 92, Issue 368, 1 December 1982

academic.oup.com

Royal Economic Society

@RoyalEconSoc

3 years

The RES is deeply saddened by the passing of Peter Neary. RES President Tim Besley has paid tribute to Peter in this statement. An obituary recognising Peter’s immense contribution to the discipline will be published in the Newsletter. #EconTwitter

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Jim Cust

@jimcust

4 years

Bad news for Africa's forests as it becomes region with highest rate of deforestation since 2010, racing ahead of South America. New interactive report from FAO - the Global Forest Resources Assessment 2020: And main report as pdf:

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Jim Cust

@jimcust

5 years

This article presents a worrying 'degrowth' persp that seems to advocate leaving poorest people of the world in the dark. Decoupling environmental harm from prosperity is a very different approach from reducing overall energy demand (which this advocates).

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Jim Cust

@jimcust

2 years

@_HannahRitchie Infamously, a study found that lamb imported from New Zealand, had a lower carbon footprint, than Welsh lamb, when consumed in the UK. Climate is an urgent problem, but will be harder to fix if we blame global trade and become protectionist and parochial in our economic choices

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Jim Cust

@jimcust

6 years

Excited to be attending @ACETforAfrica ’s African Transformation Forum #AFT2018 . Two days of discussing with leading policy and thought leaders. How to get transformation - ‘growth with depth’ - in a generation?

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Jim Cust

@jimcust

7 years

New research on the economic responses to oil discoveries. Big gap between growth expectations and growth reality in some countries:

Natural Resource Governance Institute

@NRGInstitute

7 years

Learn about the "presource curse" in this new Finance & Development article from @davidmihalyi and @jimcust . #oil #mining @ThomasLassourd @goxitweet

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Jim Cust

@jimcust

7 years

Important signal from @WorldBank : Fossil-fuel rich developing nations need to now think how they will navigate the carbon transition and avoid becoming 'stranded nations': @DavidManleyEcon

World Bank

@WorldBank

7 years

#BreakingNews : @WorldBank will no longer finance upstream #oil and #gas after 2019 → #OnePlanet

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Jim Cust

@jimcust

3 years

There's very little point - and a lot of additional risk - investing in oil stocks, when a huge proportion of your national wealth is held in oil reserves under the ground. And thats before you even consider the climate damages. This should have happened a long time ago...

Helen Robertson

@HelenCRobertson

3 years

Norway’s sovereign wealth fund has dumped its oil stocks, marking a major step away from fossil fuels #OOTT

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Jim Cust

@jimcust

3 years

New meta-analysis on whether (and when) commodity prices drive conflict:

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Jim Cust

@jimcust

2 years

Navigating the policy dilemmas thrown up by COVID-19 was a fraught time in Africa. Many countries rose to the challenge. I'm incredibly proud of the work we did to ensure Presidents were getting the best possible economic advice: with @AlbertZeufack

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Jim Cust

@jimcust

7 years

New edition of #Africaspulse highlights Africa growth performance. Resilience and recovery but some slippage, incl. debt challenges in Moz.

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Jim Cust

@jimcust

5 years

Incredible graphic. Watch how first pasture (largely cattle ranching), and later crops (largely soy), have encroached on the primary forest

Albert Pinto

@70sBachchan

5 years

#Amazon biome is half of Brazil. 3 million hectares (Mha) = 1 Belgium. Between 1985 - 2018: 🌳Native vegetation area fell: 399 Mha to 352 Mha 🐂Pasture area (yellow) grew: 14 Mha to 53 Mha ie 13 Belgiums 🌾Agriculture (pink) grew: 0 to 6 Mha ie 2 Belgiums

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Jim Cust

@jimcust

4 years

It could be a bad year for the Amazon. I hope we're wrong, but we have some new empirical work suggesting oil price crashes (like the COVID-19 one we just saw) can drive upswings in tropical deforestation. Joint with @tfharding , Hanna Krings & @alexis_ribal :

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Jim Cust

@jimcust

4 years

Mr Mitchell, who was in charge of DfID between 2010 and 2012, said abolishing the department would be a "quite extraordinary mistake". It had been "one of the most effective and respected engines of international development anywhere in the world".

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Jim Cust

@jimcust

7 years

What can developing countries rich in fossil fuels do to reduce their climate risk? Read here: @IMFNews @NRGInstitute

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Jim Cust

@jimcust

3 years

The World Bank Africa Fellowship program is now open for applications. A great opportunity to get exposure to international development policy and operational work. Particularly targeting doctoral students/recent PhDs including in economics. Women strongly encouraged to apply!

Hafez Ghanem

@HafezGhanem_Dev

3 years

We are looking for bright PhD candidates or graduates from #Africa to join our @WorldBankAfrica Fellowship program. Don’t miss out on this opportunity to gain experience in development. Women are encouraged to apply. Deadline? August 23. ➡️ #WBGFellows

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Jim Cust

@jimcust

1 year

Our new study is our on Africa's Resource Future - and what global decarbonization could mean for the resource-rich economies of Africa

World Bank Africa

@WorldBankAfrica

1 year

NEW REPORT: #Africa has the potential to more than double revenues from natural resources. By charging the full cost of environmental and social impacts and attracting new investment, African countries can create a double dividend for people and planet. ➡️

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Jim Cust

@jimcust

6 months

Are the poorest catching up? No is the unfortunate answer. New FT piece by @SoumayaKeynes echoes our recent WB paper with Paul Collier: We argue previous "global convergence" celebrations were premature, faced data limitations, and overlooked the

James Craig

@jbcraig

6 months

“We don’t know exactly how to make sure poorer countries catch up with richer ones. But we do know that there is nothing automatic about it,” writes columnist ⁦ @SoumayaKeynes ⁩ in the ⁦ @FT ⁩. 🇬🇧🌍

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Jim Cust

@jimcust

3 years

We must put nature back into our economics, or else the miraculous economic development gains of the last two+ centuries will be unsustainable and at serious risk. Newly launched Dasgupta Review on Economics of Biodiversity is a important call to action:

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Jim Cust

@jimcust

6 years

Oil rich countries need to diversify their wealth. One challenge is how to avoid investments that are also subject to carbon risk. In the short run even green stocks like Tesla may see their value linked to the oil price...

Financial Times

@FinancialTimes

6 years

If oil reserves are to dry up in 70 years, no wonder sovereign wealth funds are looking to diversify their investments and shift away from oil:

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Jim Cust

@jimcust

4 years

Belt and road diplomacy

Caleb Watney

@calebwatney

4 years

~infrastructure investment soft power~

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Jim Cust

@jimcust

3 years

I am still in shock at the sudden passing of Prof Benno Ndulu. We had just been compiling his recollections from time in government for the benefit of the next generation of African economists. Benno had so much wisdom to share. Read first extract here:

How to be a successful economic advisor? Recollections from the former economic advisor to Tanzania

Prof. Benno Ndulu CEoG initiated a program of writing support to African economic policymakers who have played senior advisory roles at the heart of governments in sub-Saharan Africa. The goal is to...

www.africaceog.org

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Jim Cust

@jimcust

8 years

Is 'Peruvian disease' the new Dutch disease? New policy paper on the local resource curse

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Jim Cust

@jimcust

5 years

Global launch tomorrow of a fascinating new database feat. 70+ National Oil Companies from @prpheller and @NRGInstitute . These companies are hugely important actors in many countries. Check out the livestream or attend in person in DC:(link: )

Natural Resource Governance Institute

@NRGInstitute

5 years

Tomorrow at 3pm London/5pm Dar/9pm Jakarta, join Mark Robinson (EITI), Zainab Usman (World Bank) and NRGI’s Daniel Kaufmann and Patrick Heller for the webcast launch of the National #Oil Company Database.

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Jim Cust

@jimcust

6 years

Shout out on #IWD2018 to some of my excellent World Bank colleagues - who happen to be women: @AnneBrockmeyer @julierozenberg @MssZeeUsman @AmandineLobelle @qursumqasim @nomsa_jane @MariaAnaLugo @SamanthaD317 @karinababa @jocewest @adannadchukwuma

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Jim Cust

@jimcust

5 years

Here’s a helpful visual reminder of how relatively modest changes or differences in the mean can lead to very different outcomes in the tails. Applies to more than just the climate

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Jim Cust

@jimcust

4 years

How can resource rich countries respond to the covid19 crisis? With almost all commodity prices way down, their fiscal space and options are v. limited - but this blog points to some things they should consider:

David Mihalyi

@davidmihalyi

4 years

Can resource rich countries spend their way out of the #covid19 economic shock? My @NRGInstitute blog w. Andrew Bauer:

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Jim Cust

@jimcust

5 years

Important findings on oil and diversification from @MichaelRoss7 : 1)Oil exporters have narrowly specialized econs, so vulnerable to price shocks; 2)African states have worst diversification record; 3)Diversification linked with less oil wealth/depletion 4)Good gov doesn’t help

Raul Aldaz Peña

@raulaldaz

5 years

Great paper by amazing @MichaelRoss7 on diversification in oil-producing countries. Spoiler alert, not much diversification going on: . (1/3)

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Jim Cust

@jimcust

4 years

The next (massive) frontier in natural resource exploitation - and the consequences for life are daunting... "History’s Largest Mining Operation Is About to Begin"

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Jim Cust

@jimcust

4 years

Important new evidence on the disastrous idea of using public funds to subsidize indoor gatherings during a global pandemic. And a reminder that the consequences of bad public policy are more immediate and devastating than ever.

Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere

@fetzert

4 years

Today I m sharing another paper on unintended consequences of a UK policy which makes me cringe at how my tax money is spent all the while debating #FreeSchoolMeals "Subsidizing the spread of COVID-19: Evidence from the UK’s #EOHO scheme". ➡️ a thread🧵⬇️

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Jim Cust

@jimcust

5 years

Unintended consequences of conflict mineral regs passed in the US - actually increased probability of conflict in the DRC:

David Evans

@DaveEvansPhD

5 years

"The Dodd-Frank Act roughly doubled the probability of conflict...within the DRC... Violence against civilians, rebel group battles, riots and protests, and deadly conflict all increase." #UnintendedConsequences #EconJMP by @JeffBloem @ApEcMN

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Jim Cust

@jimcust

4 years

Great new piece in the Economist Forecasting growth is tricky, but getting it wrong - and doing so systematically - has large repercussions. We found in our own research such mistakes may be systematic if you overlook impact of weak governance:

Kinley Salmon

@kcsalmon

4 years

In this week's @TheEconomist I also wrote about growth forecasting: Why it matters so much, how hard it is, why forecasters go wrong (human nature, incentives....politics), and the (large!) real world consequences of over-optimistic forecasts (Thread)

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Jim Cust

@jimcust

4 years

Thread on new @NRGInstitute report by @davidmihalyi and co-authors on Resource-Backed Loans - what we've learned and what it means for Africa: 1/n

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Jim Cust

@jimcust

4 years

New discussion paper from UNU-INRA on the challenge of stranded assets for Africa We previously argued it is important for dev. countries to appraise how much they might be exposed to stranding and what they can do to mitigate exposure to carbon risks:

UNU-INRA

@UNUINRA

4 years

Have you read @UNUINRA 's report on #StrandedAssets ? #MondayMotivation 1/7

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Jim Cust

@jimcust

6 years

From resource curse to the ‘presource curse’- big problems can begin right after big discoveries - unleashing overly-rosy expectations and growth forecasts for some:

PWYP US

@PWYPUSA

6 years

You may have heard of the 'resource curse' read about the 'presource curse' - economic growth can be impacted before extraction starts @davidmihalyi @NRGInstitute & @jimcust @WorldBank #ExtractAFact

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Jim Cust

@jimcust

3 years

A major reason we worry about climate change is that it will hurt the most vulnerable people who dont have the means to protect themselves from it. It would be absurd if we fixed CC by slowing economic development in the world's lowest income countries, especially in Africa.

W. Gyude Moore

@gyude_moore

3 years

Thread: I am sure the "more than 100 economists" who signed this earnestly believe they're doing the right thing. Sorta like the road to hell and good intentions, the blanket ban proposed here is misguided and will cause more harm than good.

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Jim Cust

@jimcust

4 years

New edition of Africa's Pulse lays out the case for urgent debt relief/debt standstill for African countries to help them fight COVID-19 and the economic crisis:

World Bank Africa

@WorldBankAfrica

4 years

NEW REPORT: Temporary debt relief needs to be urgently enacted for African countries to fight #COVID -19. Read the #AfricasPulse for more ⤵️

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Jim Cust

@jimcust

6 years

AERC has posted a vacancy for its Director of Research - please consider applying, this is important opportunity for those involved in strengthening economics research in Africa:

African Economic Research Consortium

@AERCAFRICA

6 years

AERC Vacancy Announcement: Now accepting applications for Director of Research. Deadline for applications is January 25, 2019. Full details:

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Jim Cust

@jimcust

5 years

Good news across Africa

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