Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

Close-up of a French passport

Good News: Africa Needs More Jobs While Europe Needs More Workers

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.

Map of Chinese lending projects around the world, concentrated in Europe, Asia, and Africa

The Problem Isn’t that Chinese Lending Is Too Big, It’s that the US and Europe’s Is Too Small

As the possibility of a new Cold War between the US and China gains traction in some foreign policy circles, the scale of Chinese development finance has taken center stage. A closer examination suggests the cost to China of this lending is distinctly underwhelming. It would be cheap for the US and Europe to match China’s lending numbers –and in the interest of global development if it was done right.

The UK Needs a New Formula for ODA-Funded Research

The UK government has recently ramped up the amount of aid that is directed towards research and development. While this can be positive in ensuring a sound research base for UK aid funds, this should not be seen as an opportunity to plug UK university funding deficits, or to "tie aid" to the UK economy.