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CGD in the News
June 12, 2014
You can get a very different picture of the world depending on which definition of middle class you use. A 2009 analysis by economist Martin Ravallion, then at the World Bank, now at Georgetown, found that between 1990 and 2002, 1.2 billion people in the developing world became middle class as defin...
CGD in the News
June 09, 2014
During the past two decades, something unexpected happened in the field of development economics. Researchers got out from behind their desks to figure out why, after billions of dollars had been spent on foreign aid, so many poor people were no less poor. They began talking with those they were try...
May
30
2014
9:00—11:00 AM
May 21, 2014
Indonesia is a prominent test case in global efforts to reduce tropical deforestation—a necessary component in the global effort to avert runaway climate change. As part of the global climate negotiations, rich countries have agreed in principle to provide financial incentives for forest co...
May
29
2014
12:30—2:00 PM
May 19, 2014
Economists are increasingly focusing on the links between rising inequality and the fragility of growth. The relationship between inequality, leverage and the financial cycle which sowed the seeds for 2007-08 global financial crisis, together with the disproportionate political influence of the r...
May
15
2014
12:30—2:00 PM
May 07, 2014
Consumption taxes for goods and services—sometimes called Value Added Taxes or VAT—are a common and effective revenue-raising tool used in many developing countries. But in some low- and middle-income countries, all but the poorest 10% of the population pay more in such taxes than they receive in ca...
Blog Post
May 02, 2014
One of the biggest hopes people expressed about Jim Kim’s nomination to become president of the World Bank was that he would bring a fresh perspective, focused on achieving results, rather than reinforce the institution’s bureaucratic machinery. Unfortunately, President Kim’s ...
May
8
2014
2:00—3:30 PM
April 23, 2014
Despite being one of the fastest-growing economies, India has hit a turbulent patch in recent years with declining growth and increasing macro-economic instability. India's emphasis on skill-intensive manufacturing and services over unskilled manufacturing has left a large portion of the population ...