Publications

In this new book, Bill Cline, a joint senior fellow at CGD and the Peterson Institute for International Economics, provides the first ever estimates of the impact on agriculture by country, with a particular focus on the social and economic implications in China, India, Brazil, and the poor countries of the tropical belt in Africa and Latin America. His study shows that the long-term negative effects on world agriculture will be severe, and that developing countries will suffer first and worst.

The collapse of the Doha trade talks puts at risk one of the rich world's most important commitments to developing countries: to reform policies that make it harder for poor countries to participate in global commerce. Trade has the potential to be a significant force for reducing global poverty by spurring economic growth, creating jobs, reducing prices and helping countries acquire new technologies. Global Trade and Development, a Center for Global Development Rich World, Poor World brief, explains how the U.S. engages in global trade and how trade affects development and global poverty. Learn more about Rich World, Poor World: A Guide to Global Development

Senior Fellow William R. Cline outlines a "grand bargain" that negotiators can strike at the upcoming "Doha Development Round" that would ahieve increased trade liberalization.

In this posthumously published working paper, Dick Sabot argues that the U.S. external deficit is putting at risk the welfare of poor people in developing countries. This accessible paper draws on a forthcoming book, The U.S. as a Debtor Nation, by William Cline, and has been updated to include Cline's latest results.

This policy brief is a preview of the analysis and recommendations in Trade Policy and Global Poverty, by William R. Cline.

Public policy on financial crises in emerging markets has implicitly been grounded in economic theory calling for lender-of-last-resort intervention when the country is solvent, and on theory recognizing that reputational damage is the quasi-collateral enabling lending to sovereigns with no physical collateral. The call for Private Sector Involvement — PSI — in the financing of crisis resolution has appropriately arisen from the desire for fairness as well as for successful outcomes. This paper identifies an array of PSI modalities and argues that in each crisis case the most voluntary type consistent with the circumstances should be chosen, to speed return to market access.