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WORKING PAPERS
December 20, 2011
To enhance efficiency of public spending in oil-rich economies, this paper proposes that some of the oil revenues be transferred directly to citizens, and then taxed to finance public expenditures. The argument is that spending that is financed by taxation—rather than by resource revenues accruing d...
WORKING PAPERS
December 07, 2011
In developing countries where elections are costly and accountability mechanisms weak, politicians often turn to illicit means of financing campaigns. This paper examines one such channel of illicit campaign finance: India’s real estate sector. Politicians and builders allegedly engage in a quid pro...
WORKING PAPERS
November 30, 2011
One of the most influential ideas in the study of political instability is that income shocks provoke conflict. “State prize” theories argue that higher revenues increase incentives to capture the state.“Opportunity cost” theories argue that higher prices decrease individual incen-tives to revolt. B...
Multimedia
November 17, 2011
In this two-minute 2006 video clip, Ruth Levine, then CGD senior fellow and director for global health, tells the story of CGD’s Making Markets for Vaccines initiative. She describes how a CGD Working Group produced an economic and legal framework for funds to incentivize vaccine development. The G-...
ESSAYS
November 11, 2011
It is widely agreed that the middle class is vital to progress because of its many virtues, but defining middle class in any meaningful way is difficult. And survey evidence suggests the middle class is not culturally unique, particularly socially progressive, or entrepreneurial.
Multimedia
November 08, 2011
Funding for HIV/AIDS has increased massively in the past few years. But is the money being used in the best possible way? In this short clip, CGD experts Nandini Oomman and Mead Over describe the HIV/AIDS monitor initiative which analyzes how PEPFAR, The Global Fund, and the World Bank deli...
Blog Post
November 08, 2011
My guest this week is Mead Over, one of the world’s leading experts on the global response to the HIV/AIDS pandemic. We discuss his new book, Achieving an Aids Transition: Preventing Infections to Sustain Treatment. The key idea is simple but powerful. Mead argues that, instead of reaching vain...
Multimedia
November 02, 2011
An estimated one billion people suffer from one or more neglected diseases like Tuberculosis, Malaria, Dengue Fever or others, and hundreds of millions of dollars have been spent to find effective treatments. Medicines, therapies and treatments have been discovered, but regulatory barriers in the la...