Inclusive economic development is central to long-term poverty reduction. However, economic development is sometimes far from inclusive, policies can be captured by vested interests and some approaches to economic development can harm development outcomes instead of helping them. Key to achieving inclusive economic development is to understand the structures and institutions of the economy and the incentives faced by its main actors within it.
We specialise in understanding the political economy of economic reform in: energy policy, green growth and climate change, agriculture and rural development, private sector development, trade and industrial policy, investment climate, and extractive industries. For example, we have recently explored the political economy of:
- energy policy
- green growth and climate change
- agriculture and rural development
- private sector development
- trade and industrial policy
- investment climate
- extractive industries
We undertake political economy analysis of specific economic sectors to inform the design, implementation and review of strategies and programmes. We also provide long-term inputs to help economic interventions adapt to take account of political economy challenges, so that projects have a greater chance of delivering pro-poor economic reforms.
The Policy Practice is leading a one year research project on anti-corruption innovations in the electricity sector in Lebanon as part of the SOAS Anti-Corruption Evidence research programme funded by FCDO. Listen to our recent podcast - Risk Reduction as Anti-Corruption To Power Up The Electricity Sector, co-written by Neil McCulloch and Muzna Al-Masri.
Lebanon Economic Reform and Infrastructure Investment (LERII) is a four-year programme, funded by the UK Government’s Department for International Development (DFID) to contribute to the Government of Lebanon’s vision of growth and prosperity, economic opportunities and social cohesion for Lebanese citizens. TPP are supporting through their expertise in PEA.