Two positive development stories emerged from the UK education sector last week: A new tutoring scheme is hiring Sri Lankan tutors for British children. And the UK Department for Education is proposing a new international teaching qualification, which could make international recruitment easier.
CGD Policy Blogs
Charles Kenny reviews recent Economics Nobel Prize Winners Abhijit Banerjee and Esther Duflo’s new book, Good Economics for Hard Times.
Even if there were a robust and credible negative impact on wages of non-Hispanic male natives without a high school degree from low skill migrant arrivals (which there isn’t), this would not justify limiting immigration as there are better instruments to achieve the same objectives, with much less cost.
In a recent trip to the center of the world, I found myself confronting the big development questions in a low-income country with reasonably propitious circumstances. Papua New Guinea (PNG) is larger, richer, and growing faster than I had thought. It will go to the polls this very month to elect a new government. It is also facing all the dilemmas faced by most low-income countries since the 1950s—political fragmentation, resource curses, income inequality, and poor health. Have we learned anything to help it meet those challenges?
Americans have three choices regarding the low-paying, often hazardous jobs most don’t want: keep foreign labor here, continue to import the needed products, or use robots. To pretend otherwise is doing everyone a disservice.
This commentary also appeared on The Huffington Post and Global Post
Last week at a United Nations conference, donors pledged more than $10 billion to finance reconstruction and development investments in Haiti. The United States promised a hefty $1.15 billion.
But pledging money is the easy part. The United States, the lead donor and friend with the greatest interest in Haiti's future development, can do much more, in two ways: its own aid programs can be more effective; and it can take steps beyond aid that are far more critical to long-run prosperity for Haiti's people.
By providing fiscal stimulus and strengthening financial sector regulation, of course. But that may not be enough. Will the U.S. and the Europeans also revisit the idea of a global social contract -- to protect millions of people losing their jobs in developing countries? In a speech I delivered to the Dutch Scientific Council in December, I argued that
We are at the start of what promises to be an unusually difficult year in the global economy. Policy decisions in the United States and other rich world countries will matter immensely for poor and vulnerable people living in developing countries.
The U.S. Congress launched a new bipartisan Caucus for Congressional-World Bank Dialogue at a packed event on Capitol Hill July 16. The caucus, co-chaired by Kevin Brady (R-TX) and Betty McCollum (D-MN), provides a forum for members of Congress to engage the World Bank, parliamentarians and policy experts on poverty reduction, global development and trade.
“A leading World Bank economist's claims that biofuels are a major cause of soaring world food prices could further undermine support for the alternative fuel worldwide and cause tensions with the White House, which fervently supports the new industry.