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Blog Post
July 05, 2022
For all that investment is far from all we need, we will still need a massive amount of it if we are to meet global targets on sustainable development. Low and zero-carbon power plants; expanded electricity, water and sanitation networks; universal health and education systems—none come cheap. Estim...
CGD NOTES
July 05, 2022
Global gatherings from Addis Ababa to Glasgow are setting targets from climate through health and education to energy and transport that call for a lot of investment for sustainable development. But how much you can afford to invest depends on how much you’re paying for it. And that’s where the simp...
Blog Post
May 24, 2022
It’s Davos week, so I just checked… and I qualify for writing a global “we are the 99 percent” blog! Indeed, my household is actually all the way toward the bottom end of the 99th income percentile worldwide (the lower cutoff is around $200,000 for a family of four). So, what do I think the 1 percen...
Blog Post
May 06, 2022
Rising inequality within major economies of the world has now been well documented. Recent Vox columns include, for example, Dorn and Levell (2022), Lansing and Markiewicz (2018), Ravallion and Chen (2021), and Kanbur (2020). But what is happening to global inequality, meaning inequality across all ...
WORKING PAPERS
May 06, 2022
The decline in global inequality over the last decades has spurred a "sunshine" narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. Our work first formalizes the intuition that the fall in global inequality will eventually rever...
CGD NOTES
May 04, 2022
India has had a long and (mostly) distinguished record in monitoring poverty, based on the National Sample Surveys (NSS), done by the government of India’s National Sample Survey Organization (NSSO). (The surveys have had many applications, but here the focus is on measuring poverty.) Prior to the e...
Blog Post
April 28, 2022
The idea that shavings of public gold sprinkled like fairy dust on private investment projects would bring to life a giant array of infrastructure and services which in turn would gift us wondrous progress in development hasn’t worked out. It is time to drop the fantasy and focus instead on the test...