Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

How Long Can You Live with This Kind of “Modern” Energy?

Lant Pritchett lambasts the donor focus on eliminating extreme poverty because getting the income of poor people to the $1.25/day threshold is a pathetic definition of success.  A decade ago Lant had proposed $15/day as more sensible minimum for human wellbeing. Today, he worries that setting our sights too low prevents us from meeting the real goal of development—to build modern, prosperous societies.

Is Agribusiness the Key to Africa’s Growth?

Today, the World Bank launched a new report, "Growing Africa: Unlocking the Potential of Agribusiness." The report argues that agriculture and agribusiness should be at the top of the development and business agenda in Sub-Saharan Africa. The Bank is right to emphasize this issue--of the $25 billion of food that African countries import annually, only $1 billion comes from other African countries. The report offers a clear and well-researched exposition of the state and prospects of African agribusiness. It is broad in scope, encompassing agricultural production and upstream input markets as well as supply chains and agro-processing.