Quartz discusses how a business plan competition in Nigeria evaluated by IPA with the World Bank's David McKenzie gave $100 million to over 3,000 entrepreneurs between 2012 and 2015. The program's success points to promising evidence for spurring economic growth, and is being copied in Kenya and elsewhere. You can hear a full episode of the NPR podcast Planet Money, explaining how the program in Nigeria worked, here.
NPR's Planet Money podcast featured a full episode on an IPA's study which randomized a national competition in Nigeria giving away $58 million dollars to aspiring entrepreneurs. They speak with study author David McKenzie of the World Bank, IPA researcher Chris Blattman of Columbia University, and the former Finance Minister of Nigeria about the unexpected success of the program, and what was learned for bolstering economic growth and hiring.
Political debates are good even when they’re bad. Even when candidates are cringe-worthy, they’re cringe-worthy in public view. And voters learn about all the candidates, not just new ones. In the United States, for example, Hillary Clinton has been center stage in political life for 24 years. Donald Trump is the very definition of “overexposed.” Still, the debates tell us new things about them — their positions, temperament, grace under pressure (or lack thereof), charisma and political skill.
Quartz has the story on an IPA small and medium enterprise study in Nigeria with David McKenzie of the World Bank. The study, looking at ways to spur business growth and hiring, gave away $50,000 to aspiring and current business owners in a national competition, and was extremely successful at spurring expansion and job creation.
In the Upshot section of the New York Times, IPA founder and president Dean Karlan applies IPA's utilitarian methodology to choosing a World Cup team. With data crunched by IPA's Nate Barker, Karlan ranks each team according to the impact on world happiness its victory would have: