Refugee Economies: Forced Displacement and Development

SMU Tower Center Fellow Alexander Betts, along with Louis Bloom, Josiah Kaplan and Naohiko Omata wrote about how refugees have rarely been studied by economists. Despite some pioneering research on the economic lives of refugees, there remains a lack of theory and empirical data through which to understand, and build upon, refugees’ own engagement with markets. Yet, understanding these economic systems may hold the key to rethinking our entire approach to refugee assistance. If we can improve our knowledge of the resource allocation systems that shape refugees’ lives and opportunities, then we may be able to understand the mechanisms through which these market-based systems can be made to work better and turn humanitarian challenges into sustainable opportunities.┬áRead more here.