Amidst the debate, fears, political polarization, and regrets surrounding globalization, we cannot ignore a central reality: much of it is not reversible or even resistable. As in other periods of human history where new connections are forged between geographies and civilizations—whether driven by empire building, technological change, regime change, or climate change-driven migration—Pandora’s Box, once opened, cannot be closed. We explore the major forces that will shape globalization in the future, and the policy and institutional changes needed globally and across a broad swath of countries.
CGD Policy Blogs
What’s the Latest Economic Research on Africa? A Round-up of Nearly One Hundred Studies from CSAE 2021
Each year around this time, the Centre for the Study of African Economies at Oxford University hosts its annual conference. In this post, we provide a bite-sized summary of every conference paper that we could find.
Engaging Young Africans on Four Immediate Challenges on the Road to Sub-Saharan Africa’s Continental Free Trade Area and “Agenda 2063”
As at countless events on sub-Saharan Africa’s economy over the past two weeks, discussions at Harvard University’s “Africa Development Conference”—where I delivered a keynote address—were animated by the signing of the Continental Free Trade Area (CFTA) agreement by 44 sub-Saharan African countries two days before.
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.
The Trump administration has imposed a number of entry restrictions through executive order, justifying them on national security grounds. But one additional set of concerns regards the economic costs of tightening visa restrictions, which can be considerable even when looking solely at temporary visitors. While the current bans would likely have a limited economic impact on the US through reduced tourist and business travel, the extension of restrictions could carry increasingly heavy economic costs.
As China’s growth slowed in recent years, India surpassed it to become one of the world’s fastest growing economies. But can India sustain the pace, and will the rest of the region follow? Here's how South Asia can exploit today’s globalization opportunities more effectively.
When the Upper House of India’s parliament recently passed the landmark Goods and Service Tax (GST) legislation, India finally, after more than six decades of independence, became a truly common market. That could be a game changer for India’s development in the coming years.
With election-year events crowding out the legislative calendar, there’s only so many more opportunities for the Senate to show its commitment to development and its interest in improving US development policy. Legislators still have a week and a half in town, and we were encouraged to see the Senate Foreign Relations Committee fit in an important hearing on the role of US foreign aid in spurring economic growth.
In the 2000s, Côte d’Ivoire plunged into a decade of political violence. In September 2002 the Forces Nouvelles de Côte d’Ivoire (FNCI), a coalition of three rebel movements, occupied the northern half of the national territory (Figure 1).