CGD in the News

At the U.N., a Free-for-All on Setting Global Goals (New York Times)

May 07, 2014

From the article:

Arvind Subramanian, a development economist at the Peterson Institute for International Economics, shares a similar perspective. While there are crucial challenges that call for international collaboration (climate change, new vaccines for diseases of the developing world and technologies to advance agricultural productivity in Africa come to mind), problems like poor education, malnutrition and poverty are invariably addressed by action within each individual country. Foreign aid is not the right tool to address them.

“Collective action in this day and age has become much more difficult,” Mr. Subramanian told me. “We should reserve it for the very big challenges of providing global public goods. It’s nonsense to spend it on eliminating poverty in Burundi.”

Read the article here