Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

A graphic of an interconnected globe.

The Future of Globalization

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.

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.

Tougher Visa Policies Could Carry Heavy US Economic Cost

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.

Opportunities for Pro-Poor Growth in South Asia

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.

Senate Panel Sets Sights on Economic Impact of US Aid

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.

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