It is a general tenet of economic theory that competitive markets, supported by adequate infrastructure and institutions, do a better job of determining prices and allocating resources than do large-scale government planning programmes. In the structural adjustment era of the 1980s-90s, this belief underpinned a historic shift away from central planning and toward market liberalisation…
Established in 1998 in Bonn, Germany, IZA is an independent, non-profit research institution supported by the Deutsche Post Foundation with a focus on the analysis of global labour markets. It operates an international network of about 1,500 economists and researchers spanning across more than 50 countries.
Based on academic excellence and an ambitious publication strategy, IZA serves as a place of communication between academic science and political practice.
The Foreign, Commonwealth & Development Office (FCDO) leads the UK's work to end extreme poverty. We're ending the need for aid by creating jobs, unlocking the potential of girls and women, and helping to save lives when humanitarian emergencies hit.
FCDO is a ministerial department, supported by 12 agencies and public bodies.