“This important book sets a sensible and specific way forward. It should be read by all involved in economic development and international action on climate change.”
—Lord Nicholas Stern, author of the Stern Review
This paper lists—and attempts to address—the most serious objections to Oil-to-Cash. The response to many objections is to ask about a plausible counterfactual (how do cash transfers compare to the alternative policy options?). Others warrant a clearer articulation of available evidence or ways to mitigate real worries through smart program design.
In this working paper, Peter Edward and Andy Sumner introduce new model of growth, inequality, and poverty that comparison of a wide range of input assumptions. They find that it is plausible that $1.25 and $2 global poverty will reduce substantially by 2030 and the former – $1.25 poverty – could be very low by that time. However, this depends a lot on economic growth and inequality trends—up to almost an extra billion $2 poor people in one scenario.
This is the data set for Working Paper 327, “The Future of Global Poverty in a Multi-Speed World: New Estimates of Scale and Location, 2010–2030,” in which Peter Edward and Andy Sumner introduce new model of growth, inequality, and poverty that allows comparison of a wide range of input assumptions.
Since beginning the process of reengagement with Myanmar in the last year, many lenders to the country have cut or refinanced its debt. David Roodman finds that the debt relief, by most standards, has been overly quick and large.
In testimony before a foreign relations Senate subcommittee, Todd Moss spoke about the goals and shortcomings of US foreign assistance and outlined three steps to update it for the post-aid world of the 21st century.
Do immigrants create jobs or take jobs away? This report, published jointly with the Partnership for a New American Economy, answers this question for one important sector of the American economy, agriculture, by looking at the case of North Carolina farms.
Using data collected by the North Carolina Growers’ Association (NCGA), the leading employer of workers with H-2 visas, Michael Clemens shows that foreign workers have almost no direct effect on the employment prospects of US workers in H-2 occupations. Instead, they actually a large and positive indirect effect on US employment by contributing to North Carolina’s economy.
When the Global Development Council meets on May 17 it should identify three to five key moments when President Obama, with the advice of the Council, can make a development difference. Among the immediate possibilities: the June G-8 summit in the United Kingdom, the September G-20 summit in Russia, the UN General Assembly meeting, and President Obama’s upcoming trip to Africa.
In Greenprint, Aaditya Mattoo and Arvind Subramanian argued that only radical technological progress can reconcile climate-change goals with those of development and energy access. In this paper, they show how trade policy and trade rules can facilitate action on climate change.
Africa’s industrial progress has been disappointing. Part of the reason is that labor costs are higher than one might expect, given GDP per capita. Alan Gelb, Christian Meyer, and Vijaya Ramachandran distill the policy lessons.
A temporary-worker program that allows Filipinos to work in South Korea sets up unusually good circumstances for measuring the effects of migration. Michael Clemens and Erwin Tiongson take advantage the natural experiment to find that affected households spend more, borrow less, and invest more in their human capital.
Biometric identification is spreading rapidly across the developing world, where it is helping to close the “identification gap” that separates poor countries from rich ones. India’s Unique Identification (UID) project offers important lessons for other countries.
Bradley C. Parks,
Michael J. Tierney,
Axel Dreher,andVijaya Ramachandran
China’s presence in Africa is, beyond dispute, large in both trade and what can be called official finance to Africa. But how large, exactly? A new database from the College of William and Mary brings additional resources to help answer the question. This paper describes the new database, its key findings, and its possible applications and limitations of the data, which is being made publicly available for the first time.
The authors carry out a systematic review of studies on CCTs that report maternal and newborn health outcomes, including studies from eight countries. We find that CCTs have increased antenatal visits, skilled attendance at birth, delivery at a health facility, and tetanus toxoid vaccination for mothers, and reduced the incidence of low birth weight. The programs have not had a significant impact on fertility or Caesarean sections while impact on maternal and newborn mortality has not been well documented thus far.