This week, the US Congress again failed to approve a modest appropriation that would have shored up financing for the International Monetary Fund and given China and other emerging economies greater responsibility there. Support for the IMF may seem arcane, but it has important implications for Amer...

From the article:  In our last piece, we had argued that taxation is the economic glue that binds citizens to the state in a necessary two-way relationship. A citizen's stake in exercising diminishes if he does not pay in a visible and direct way - typically via direct taxes or user fees -...

CGD Non-Resident Fellow Devesh Kapur co-writes about approaches to the social safety nets for India's poor.

CGD Fellows Arvind Subramanian and Devesh Kapur co-author a column about economic growth and inclusion in India.

Another measure to finance the current account promoted by the financial community has been to defend the currency via tighter policy. The government and the Reserve Bank of India have - fitfully and half-heartedly, to be sure - accepted this advice. 

Research fellow Milan Vaishnav and non-resident fellow Devesh Kapur's paper on concrete and corruption in India was featured on the WSJ's Review blog.

Non-resident fellow Devesh Kapur and visiting fellow Milan Vaishnav's study on builders and campaign election finance was featured in an article in The Indian Express.

Senior fellow Michael Clemens and non-resident fellow Devesh Kapur's work on migration was featured in an article in The Economist.

The New York Times published non-resident fellow Devesh Kapur’s opinion piece on what India can learn from America.