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CGD in the News
December 18, 2014
Researchers have examined the size of economic losses caused by current restrictions on international migration, and the findings are frankly remarkable. As development economist and world-leading migration expert, Michael Clemens, puts it, “The few estimates we have should make economists&rsq...
CGD in the News
December 18, 2014
From the start, Rajiv Shah was Obama’s man to lead U.S. foreign aid efforts, and Nancy Birdsall, founding president of the Center for Global Development underscored how the outgoing USAID chief was a “major force” behind President Barack Obama’s goal to eliminate global extre...
CGD in the News
October 24, 2014
Well, their best bet is immigration, legal or otherwise. Not to belabor the obvious here, but where you live determines how much you can make. The same person with the same education and the same skills can make seven times more working in the United States than in Haiti, according to economists Mic...
CGD in the News
September 17, 2014
Global issues increasingly dominate the development agenda, ranging from the challenges of climate change to fighting criminality and health epidemics like the recent Ebola outbreak to the increasing ability of international capital to evade national tax regimes, says Nancy Birdsall, president of th...
CGD in the News
September 05, 2014
The U.S. needs to play a greater role in the World Bank to improve its perception in developing markets, according to Nancy Birdsall, president of the Washington-based Center for Global Development.
Emerging-market economies are making a bid for greater influence on the global financial system, wit...
CGD in the News
August 01, 2014
Remittances are set to exceed the half-trillion-dollar mark in the near future, according to a projection from the World Bank. The increase has been dramatic; in 1990 such flows amounted to $49 billion (in 2011 dollar terms). Why has such a rapid growth in remittances not led to any discernible grow...
CGD in the News
July 18, 2014
A new report by top Washington think tanks finds no measurable advance in reducing waste and duplication in foreign aid programmes, nor any improvement in how aid was distributed in the years from 2008 through 2012, the most recent period for which data were available.
“On the one hand there ...
CGD in the News
July 08, 2014
The study documenting that discrepancy came about when development economists couldn’t find any evidence that the massive surge of money from migrants was helping economic growth in their home countries. The “extremely clear implication,” one of the authors, Michael Clemens, tells ...
CGD in the News
June 13, 2014
Stumbles are part of Brazil’s awkward advance, asserts Nancy Birdsall, president of the Center for Global Development and former executive vice president at the Inter-American Development Bank. “It’s hard to be a middle-income country that’s reaching” to be a first worl...