Inequality and inclusive growth were high on the agenda of the Annual Meetings of the International Monetary Fund and World Bank earlier this month. We are glad about that, but the under-reported story here is that this prominence marks a dramatic shift in the IMF over the last two decades in the IMF’s approach to the relevant challenges for the poorest countries, including on the issue of social safety nets and social expenditures.
CGD Policy Blogs
The Global Compact on Migration (GCM) is an opportunity for all of us to make history. I join as an economist with the many other government, humanitarian, development, and international actors mobilized behind the GCM because I wish for the Compact to rise to that occasion. To do that, it must propose new mechanisms for substantial, additional, lawful, economic labor mobility.
The four main recommendations of the Redesign Consensus: A Plan for US Assistance are to empower USAID as the lead independent aid agency, to create a full-fledged development finance institution, to establish a global development and humanitarian strategy, and to upgrade systems to better manage personnel, procurement, information, and evidence. This proposal concretely advances the dialogue between Congress, the administration, and civil society on reforming the US development architecture. It captures the main conclusions of a series of robust discussions among a diverse group of leaders, experts, and practitioners—and it represents a bold and comprehensive vision for a more coherent and modern development architecture.
How do you give over a billion people a digital ID within five years? How do you improve learning for 200 million children in India and countless millions worldwide within a decade? How do you improve health outcomes for billions of poor people and achieve the goals of Universal Health Coverage within a generation? How do you solve the world’s most pressing challenges, not incrementally, but with the urgency they demand?
Last week we published a new paper, Can Africa Be A Manufacturing Destination?, that highlights the persistence of high labor costs in many countries in sub-Saharan Africa. This led to a lively debate on Twitter, initiated by Chris Blattman at the University of Chicago.
Improving rights for gays and lesbians is a critical human rights issue. Even where it is not illegal, gays and lesbians face violence, discrimination, and social stigma. But our research makes clear that in the developing world as a whole, both laws and attitudes are changing for the better, and that legal change is not only a positive step in itself, but it can also help shift attitudes too.
China has long been the factory of the world. But as wages there rise, manufacturers are looking to other countries and regions. Meanwhile, African countries have a huge and burgeoning population of young people looking for jobs. So now many wonder—could Africa be the next big destination for manufacturers? And if not, then what? CGD senior fellow Vijaya Ramachandran joins the podcast to discuss a new CGD paper on that very question.
There are arguments for and against “spending through the tax system.” On one hand tax incentives are relatively easy to implement; they don’t require an outlay of cash and they make use of information that revenue agencies already collect. But on the other, loading the tax system with too many policy objectives conflicts with the drive for a coherent, simple, transparent tax system. Despite decades of advice from international organisations to curtail tax incentives, they remain a popular tool for governments.
"There are better ways to improve test scores," "food is expensive," "most kids would eat anyway," and other counterarguments contain some truth, but fail to overturn the basic economic logic of free, universal school feeding in poor countries.
In April this year, the National Academies of Science, Engineering, and Medicine (NASEM) published a report making the case for “Integrating Clinical Research into Epidemic Response.” As reflected in its title, the 250-page-plus-appendices report makes a strong evidence-informed argument for integrating health service delivery with clinical research conducted during epidemics. The goal is to produce critical information on the efficacy and safety of potential therapeutics and vaccines for tackling such epidemics after they occur, or, better still, for preventing them from happening. Earlier this week, the group reconvened at the Wellcome Trust to discuss “what next.” The need to focus on systematic support and funding for the data collection and research functions in outbreak-affected countries came out again as the top priority.