India’s 4-10s: The New Not-Poor Not-Middle Class -- and Its Implications?
I was in Delhi recently for the launch of CGD’s India Initiative.
I was in Delhi recently for the launch of CGD’s India Initiative.
Congratulations to CGD non-resident fellow Devesh Kapur whose terrific book, Diaspora, Development, and Democracy: The Domestic Impact of International Migration from India (Princeton University Press) has just received the ENMISA Distinguished Book Award from the Ethnicity, Nationalism, and Migration Section of the International Studies Association.
Predictably and perhaps appropriately, the flood of remembrances of Robert McNamara is focusing on his role as the architect of the Vietnam War. Yet McNamara was also a transformative president of the World Bank, shaping both that institution and the larger development enterprise in ways that are still felt today. McNamara served for 13 years as World Bank president, almost twice the seven years he previously spent as the U.S. defense secretary (both terms set records for length that have yet to be exceeded).
Should the World Bank pour fewer millions into its impressive in house research work and divert the money thus saved to fund research at policy institutes and universities within developing countries?
The BBC recently featured a story on the flow of skilled Indian emigrants and their offspring returning to India. An Indian official says: "In the 1960s when people left India the buzz word was 'brain-drain'. We see it now as 'brain-gain'."