Building leaders in economic research
Every year at the Canadian Economics Association conference, the IDRC-funded Canadian Development Economics Study Group (CDESG) awards the Albert Berry prize for the best development economics paper. This year, Marco Gonzalez of the University of Toronto was awarded for his groundbreaking research.
Gonzalez observed that when an international big-box store moves into a community, policymakers often fear local retailers will lose jobs and income as a result. This prompted him to study this phenomenon as it relates to Mexico where he finds that, despite fears, the effect of this move is positive overall: “[By] far the most important effect on local welfare comes from the reduction in the cost of living and not from the income side or job losses.” His paper, titled Retail Globalization and Household Welfare: Evidence from Mexico, is inspired by the transformations in food retailers he noted in developing economies.
The Albert Berry prize promotes the work of junior development scholars that show academic merit and provides valuable visibility to new working papers.
The CDESG’s objective is to promote academic excellence and policy dialogue among researchers in the field of development economics, in Canada and in developing countries.
IDRC has been promoting the CDESG since 2007. The next CEA conferencewill take place at the University of Ottawa from June 3 to June 5, 2016.