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Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

First Look at Addis Development Finance Accord: What’s in It and What Should Be

Ambassadors George Talbot and Geir Pederson, the Co-Chairs of the negotiations for the Third International Conference on Financing for Development conference, have just issued the first version of the “Addis Ababa Accord.”  The Accord will be the main outcome of the upcoming Addis Financing for Development Conference in July, billed as the event where we figure out how to pay for the Sustainable Development Goals. 

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.”

Good News: History Does Not Equal Destiny

Five years ago, probably the most positive you could be about global development was to argue that, despite a sluggish performance in reducing global income poverty connected to slow-changing institutions, broader quality of life in areas like education and  health had improved everywhere.  That’s pretty much the story I told in Getting Better.  But since then, what we have learned about development progress suggests su

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