Dr. William Byrd is a development economist whose academic background includes a doctorate in economics from Harvard University and a master's degree in East Asian Regional Studies from the same institution. He joined USIP in April 2012 as a senior expert, working on Afghanistan.

Dr. Byrd had long experience at the World Bank, where most of his work was country-focused, including China, India, Pakistan and Afghanistan. He lived for significant lengths of time in all of these countries and speaks Dari and Chinese, with some knowledge of other languages. During 2002-2006, he was stationed in Kabul, Afghanistan, where he served as the World Bank’s country manager for Afghanistan and then as economic adviser.

Dr. Byrds' publications include six books on China, other books, and numerous articles, among them several papers on Afghanistan, as well as a number of World Bank reports. Examples include reports on Afghanistan’s economic development, public finance management, economic cooperation in the wider Central Asia region, vulnerabilities to corruption assessments, Afghanistan’s drug industry, and economic incentives and development initiatives to reduce opium production, as well as papers on these topics, security sector reform from a financial and development perspective, and on responding to Afghanistan’s development challenge.

Publications By William

As Taliban Poppy Ban Continues, Afghan Poverty Deepens

As Taliban Poppy Ban Continues, Afghan Poverty Deepens

Thursday, June 20, 2024

Afghanistan, historically the leading source of the world’s illegal opium, is on-track for an unprecedented second year of dramatically reduced poppy cultivation, reflecting the Taliban regime’s continuing prohibition against growing the raw material for opiates. The crackdown has won plaudits in international circles, but its full implications call for clear-eyed analysis and well considered responses by the U.S. and others. The ban has deepened the poverty of millions of rural Afghans who depended on the crop for their livelihoods, yet done nothing to diminish opiate exports, as wealthier landowners sell off inventories. The unfortunate reality is that any aid mobilized to offset harm from the ban will be grossly insufficient and ultimately wasted unless it fosters broad-based rural and agricultural development that benefits the most affected poorer households. 

Type: Analysis

Economics

Despite Daunting Economic Headwinds, Afghan Private Sector Shows Signs of Life

Despite Daunting Economic Headwinds, Afghan Private Sector Shows Signs of Life

Thursday, May 2, 2024

Three years after the Taliban took control of Afghanistan, the country’s economy remains in a dismal state marked by depression-level price deflation, high unemployment and a collapse of GDP. Still, while the bad news for Afghans is well known, less visible are some green shoots in the country’s private sector that, if properly encouraged, could mitigate the situation. These range from small business activity to Taliban plans for major projects to the potential for an uptick in investment. Clearly nothing in those developments can stimulate a strong economic revival.

Type: Analysis

Economics

Afghanistan’s Economy Once Again Nears the Precipice

Afghanistan’s Economy Once Again Nears the Precipice

Friday, November 17, 2023

More than two years into Taliban rule, Afghanistan remains one of the poorest countries in the world with some of the highest humanitarian needs. The situation has shown some signs of stabilizing over the last year — but many Afghan households are still struggling to procure basic needs, and many women have been driven from the workforce altogether. Unfortunately, financial troubles loom ahead, and the already beleaguered Afghan economy is now projected to decline. Combined with population growth and the influx of thousands of Afghans forced to return from neighboring Pakistan, this is a recipe for increased humanitarian need over the longer term in the absence of major structural and political reforms.

Type: Analysis

EconomicsHuman Rights

Two Years into Taliban Rule, New Shocks Weaken Afghan Economy

Two Years into Taliban Rule, New Shocks Weaken Afghan Economy

Thursday, August 10, 2023

The Taliban have done a better job than expected in managing the Afghan economy despite some missteps. But nevertheless, the Afghan economy seems caught in a low-level equilibrium that leaves most Afghans poor, hungry and in need of humanitarian assistance. Moreover, new headwinds threaten to precipitate further economic decline, risking a repeat of the economic free-fall seen in the initial months following the August 2021 Taliban takeover. Much will depend on whether aid declines sharply or gradually, how seriously the opium ban is enforced for a second year during this fall’s planting season, and whether Taliban gender restrictions are tightened, maintained or weakened.

Type: Analysis

Economics

The Taliban’s Successful Opium Ban is Bad for Afghans and the World

The Taliban’s Successful Opium Ban is Bad for Afghans and the World

Thursday, June 8, 2023

The Taliban have done it again: implementing a nearly complete ban against cultivation of opium poppy — Afghanistan’s most important agricultural product — repeating their similarly successful 2000-2001 prohibition on the crop. But the temptation to view the current ban in an overly positive light — as an important global counter-narcotics victory — must be avoided. This is particularly true given the state of Afghanistan’s economy and the country’s humanitarian situation. Indeed, the ban imposes huge economic and humanitarian costs on Afghans and it is likely to further stimulate an outflow of refugees. It may even result in internal challenges for the Taliban itself. And, in the long run, it will not have lasting counter-narcotics benefits within Afghanistan or globally.

Type: Analysis

Economics

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