Ideas to Action:

Independent research for global prosperity

CGD Podcast

Exploring smart policies for a better world.

 

The Biometrics Revolution -- Alan Gelb and Julia Clark

Imagine that a government employee holding an unfamiliar device and a laptop offers to scan your iris and create for you a unique identification record. Would you agree? For hundreds of millions of people in the developing world, the answer is unequivocally “yes!” My guests on this Wonkcast are among the world’s leading experts on the burgeoning field of biometric identification and its role in development.

A New Liquidity Fund for Latin America -- Liliana Rojas Suarez

In December, members of the Latin American Shadow Financial Regulatory Committee (CLAAF) convened at CGD to discuss global financial and monetary developments affecting Latin America. The CLAAF, which meets here twice a year, usually offers policy and regulatory recommendations for finance ministers. central bankers and financial regulators in the region. This time the committee proposed something quite different: the five-page statement CLAAF issued after two days of deliberation recommended the creation of a new regional financial institution—a Latin American Liquidity Fund, to supplement the efforts of the International Monetary Fund (IMF) when the next global financial crisis hits.

Haiti: Where Has All the Money Gone? – Vijaya Ramachandran and Julie Walz

This Wonkcast was originally recorded in May, 2012 Since the 2010 earthquake, $6 billion has been disbursed in official aid to help the people of Haiti. Nearly all of it has gone to intermediaries such as international non-governmental organizations (NGOs) and private contractors. Yet there has been a surprising lack of reporting on how the money has been spent. CGD senior fellow Vijaya Ramachandran and research assistant Julie Walz try to follow the money in a new CGD policy paper: “Haiti: Where Has All the Money Gone?” They joined me on this week’s Wonkcast to explain their findings.

Behavioral Economics and Development - Saugato Datta

SaugatoEconomists, development and otherwise, often assume that people given the right information will make informed decisions in their own best interest. Not! Just like the rest of us, the poor people targeted by development programs sometimes lack self-control and fail to take actions that would benefit them in the long run, even when they understand the potential benefits.