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Global Development: Views from the Center

Global Development: Views from the Center features posts from Nancy Birdsall and her colleagues at the Center for Global Development about innovative, practical policy responses to poverty and inequality in an ever-more globalized world.

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Global Development: Views from the Center

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Beware the Duck of Doom

A recent post by Steve Weissman of Berkeley Law on Legal Planet, an environmental law and policy blog, highlights a chart that looks like a duck. The duck chart was produced by the California Independent System Operator, the organization in charge of managing the state's power grid. Weissman calls it the "Duck of Doom" -- with good reason.

A Global Map of Subnational GDP

Nicola Gennaioli, Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer have just published a fascinating paper in the QJE: “Human Capital and Regional Development”.  They constructed a database of 1,569 subnational regions across 110 countries covering GDP, population, education levels, geographic and institutional factors, and looked at correlates with higher per capita income.  They suggest that geography and education are significant correlates of regional GDP, while their measures of institutions and culture are less well correlated.  They have followed up with a working paper using an expanded dataset, “Growth in Regions” that reports regional convergence of 2.5% a year and note that a rate so slow suggests “significant barriers to factor mobility within countries.”

Borders and the Beltway: W-Visas a Win for the United States and Developing Countries

If you thought the immigration debates of the last few months were rough, hold on to your visas, because it’s about to get ugly. The Senate Gang of 8’s comprehensive immigration reform bill, the Border Security, Economic Opportunity, and Immigration Modernization Act, has been released. And at the epicenter of these debates is the provision creating visas for what are often called “guest workers”—an issue close to CGD’s heart.

Asset Recovery = Development Issue

As attention shifts from traditional foreign aid to private and domestic sources of finance for development, recovering stolen assets is not only a matter of justice but increasingly a development issue in its own right. That’s why organizations like the StAR initiative (a joint effort of the World Bank and UNODC) and NGOs like Transparency International and Global Witness have been making these points and successfully pushing the agenda.

The Next WTO Director-General Will Be from the Asia-Pacific Region or Latin America

So the initial round of results are in and there were some surprises. Early this month, odds makers in the United Kingdom and Ireland had Mr. Kyerematen, from Ghana, and Ms. Gonzalez, from Costa Rica, as the favorites to become the next director-general of the World Trade Organization, but both are out after the first round of consultations. The next round of consultations will begin next week, and the final two should be announced by the end of the month.

The ‘End of Tax Havens’ – But Will Developing Countries Benefit?

News broke on April 9th of agreement between the UK, France, Germany, Italy and Spain to pilot “multilateral automatic tax information exchange.” In France, President Hollande went further – announcing a draft law aimed at ‘moralising’ French public life, as former budget minister Jerome Cahuzac was expelled from the governing party for repeatedly denying the existence of his Swiss bank account.

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