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Blog Post
June 05, 2024
In 2015 the nations of the world agreed at the United Nations on 17 Sustainable Development Goals (SDGs) to be reached by 2030. The SDGs are the closest the world has come to a definable and measurable global social contract.
The SDGs do not constitute a legally binding contract; there are no pen...
Blog Post
June 03, 2024
It is time for an update to the $100 billion climate finance goal that was agreed to in 2009 as part of the United Nations Framework Convention on Climate Change process. In April, Cartagena hosted the first meeting under the ad hoc work programme on the new collective quantified goal on climate fin...
Blog Post
May 31, 2024
The African Growth and Opportunity Act (AGOA) is up for renewal this year. AGOA is a cornerstone of US-Africa economic relations, and has enjoyed bipartisan support for nearly a quarter century. But it's showing its age. A lot has changed since Bill Clinton signed the bill back in 2000—not least, th...
Blog Post
May 14, 2024
Richer aging countries need educated young workers to provide the services and entrepreneurial talent to sustain their quality of life. A growing population of young, increasingly educated people in poorer countries, and especially in Africa, need good jobs and greater opportunities. More trade in s...
Blog Post
April 04, 2024
A large academic and policy debate has focused on the increase in market concentration over the past few decades which has given rise to “star firms,” a small set of firms that generate abnormal returns for their investors. A common concern is that these firms exert excess market power and behave as...
Blog Post
April 02, 2024
“Trade not aid” is a slogan that appeals to certain instincts on both the left and right. The idea being that rich countries can do more for economic development in poor countries by granting them market access than by sending charity. But will market access really stimulate economic growth in laggi...
Blog Post
March 29, 2024
The US foreign assistance data for FY 2022 is nearly complete, except for some missing Department of Defense, Homeland Security, and Transportation data, and the data reveals some interesting trends. First, FY 2022 did not break the historical record of total obligations, but it came closer than any...
Blog Post
March 13, 2024
When world leaders gather in September for this year’s UN General Assembly, antimicrobial resistance (AMR) will be on the agenda. For people like me who care passionately about this issue, this is a welcome opportunity to address a global problem with a global solution. Ahead of September, we need t...
Blog Post
March 07, 2024
An extraordinary cascade of crises threatens Africa’s growth and economic stability. The incomplete economic recovery from the global pandemic, Russia’s invasion of Ukraine, food and fuel inflation, rising debt distress, and Israel’s ongoing war in Gaza have all aggravated geopolitical and geo-econo...