Independent research for global prosperity
Lawrence MacDonald, CGD vice president for communications and policy outreach, interviews a CGD expert in this weekly Podcast. The blog offers a short text summary.
My guest on the Wonkcast this week is New York Times columnist and two-time Pulitzer Prize winner Nicholas Kristof. Nick’s incisive reporting on the lives of poor and vulnerable people—especially girls and women (see, for example, Half the Sky)—has led millions of his readers to empathize with people facing difficulties they could otherwise hardly imagine.
This Wonkcast was originally recorded in February 2011. Andy Sumner updates the data from the original Bottom Billion brief in his recent working paper, Where Will the World's Poor Live? An Update on Global Poverty and the New Bottom Billion.
Paul Collier’s 2007 book, The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It, changed the way we think about poverty and development. Collier argued that the majority of the 5-billion people in the "developing world" live in countries with sustained high growth rates and would eventually escape from poverty. The rest—the bottom billion—live in 58 small, poor, often land-locked countries that are growing very slowly or not at all. These countries, stuck in poverty traps, should be the focus of foreign aid, Collier argued.
After the 2010 Haitian earthquake flattened Port-au-Prince, the United States responded with an outpouring of money, food, and medicine for Haiti. But a more effective form of assistance -- the powerful tool of migration and labor mobility -- was at first overlooked in relief and recovery efforts.
My guest on this week’s Wonkcast is David Roodman, senior fellow and author of the long-awaited book, Due Diligence: An Impertinent Inquiry into Microfinance. After more than three years of unprecedented investigation into the movement, David was able to cut through the hype and come to understand the capabilities and limitations of microfinance in ending poverty.
The United States has committed $1.5 billion per year over five years in an effort to support development in Pakistan, a fragile, nuclear-armed state of almost 190 million people that is in the frontline of the struggle against Islamic extremism. So, how’s that working out?
A little over a year ago, I invited Nancy Birdsall, founding president of the Center for Global Development, to join me on the Wonkcast to talk about her big new idea, Cash on Delivery Aid (COD Aid), an innovative approach to the delivery of foreign assistance. COD Aid has since gained a lot of traction, so I invited Nancy back to update us on recent developments, including a planned pilot program in Ethiopia.
Paul Collier’s 2007 book, The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It, changed the way we think about poverty and development. Collier argued that the majority of the 5-billion people in the "developing world" live in countries with sustained high growth rates and would eventually escape from poverty. The rest—the bottom billion—live in 58 small, poor, often land-locked countries that are growing very slowly or not at all.
You might not think you’d need a Ph.D. to figure out that people with more money are happier than people with less. Yet that relationship is surprisingly controversial and—not so surprisingly—highly relevant for development policy. This week’s Wonkcast features a young academic whose new work on subjective wellbeing, income and economic development is upending the conventional academic wisdom on happiness.
Many of us may be glad to be rid of the Naughts, a decade perhaps destined to be remembered for global terrorism, U.S. wars in Iraq and Afghanistan, and a global financial crisis that threatened a second Great Depression but left the rich world instead with a lingering Great Recession. My guest this week argues that the departing decade is unfairly maligned.
A crisis is unfolding in India's microcredit sector that-- beyond its immediate effects on borrowers and lenders-- will greatly affect the future of financial services for the poor.