This is the second of a series of blogs looking at regional aspects of future global demographic and migration patterns discussed in my paper Global Mobility: Confronting A World Workforce Imbalance. The first blog in the series focused on East Asia.
CGD Policy Blogs
Governing New Pandemic Preparedness Financing – What’s Needed for Credibility, Legitimacy, and Effectiveness
Regardless of the institutional home and scope, there are four essential attributes to build into the financial intermediary fund (FIF)’s design, drawing on lessons learned from existing global funding entities and the broader global governance community. While these elements are intuitive in theory, they require deliberate design and commitment to ensure that they are integrated effectively into the ultimate FIF.
East Asia’s miracle countries are the stuff of both economic legend and considerable debate. One part of the story may be demographics: East Asia saw rising life expectancy and declining birth rates that dramatically, if temporarily, increased the proportion of the population that was of working age. But now the demographics have shifted as a result of falling birth rates and a rising population of retirement-aged people. Absent a policy response, that could portend a cursed demographic future.
In 2019, Ghana paid an estimated $620 million for electricity that the country did not need or use. That’s a sign of the damage done by secret deals for power.
If your toolbox is overflowing with precision guided munitions, the problems you will focus on are ones that (arguably) can be solved with precision guided munitions. Our comparatively tepid response to the pandemic is another sign of the longstanding and excessive prioritization of potential violent over present nonviolent threats to national security.
John Norris’ fascinating new book The Enduring Struggle: The History of the US Agency for International Development, provides an authoritative history of US foreign assistance from the end of the Second World War until today. It is packed with anecdotes and quotes from people who were working on projects and working in the halls of Washington (although that many anecdotes and quotes in 300 pages was tough on those of us vainly resisting the transition to bifocals). However it is the book’s conclusion, in particular, that should be required reading for those in Washington who oversee America’s assistance programs.
If B3W is to be the better Belt and Road, it will have to embrace the role of government in infrastructure provision and ensure private sector infrastructure projects are designed and run in the public interest. Otherwise, and despite the denials-, low- and middle-income countries would be right to see it as not about them, but just about China.
We look at the challenges that Europe faces with an aging population, and ask if the challenges that Africa faces with a burgeoning working-age population might be a mutually beneficial part of the answer. We think they might, but not under “business as usual” immigration policies. Current forecasts as well as some we make ourselves suggest migration will fill only a small part of Europe’s looming labor shortage, and African migrants will be a comparatively minor component of that migrant flow. That’s a huge lost opportunity for both continents.
The benefits to expanded vaccination programs in low- and middle-income countries (LMICs) simply dwarf the cost. Rich countries should be donating more vaccines faster to poorer countries. It is difficult to think of a more urgent global priority and it is surely a best buy in international development.
Government leaders worldwide are trumpeting the need for greater equality in the workplace. That’s the correct thing to do on the grounds of both rights and efficiency, but those leaders might want to start by looking within their own organizations. Today we publish a new policy paper that studies the choices governments have made in their own hiring and compensation decisions.