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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.

 

Congratulations, Arvind Subramanian

This morning (Thursday) came the news that Arvind Subramanian, a joint fellow at CGD and at the Peterson Institute for International Economics, is being appointed Chief Economic Advisor to the government of India. This appointment (for our American readers), is more or less equivalent to being the head of the US President’s Council of Economic Advisors. The current Chief Economist of the World Bank, Kaushik Basu, is a former CEA in India, and the current head of India’s Reserve Bank, Raghuram Rajan is a former CEA. (In Arvind’s case, I dearly hope he will be back at CGD—and yes PIIE—here in Washington within a few years.)

Another Good Reason to Dislike Low-Bar Global Poverty Lines

Angus Deaton said he didn’t mind poverty analysis as long as the poverty line is infinity.  Stevenson and Wolfers (2013) assemble the array of survey based measures of subjective well- being (SWB), such as “life satisfaction” or “happiness” and search for income satiation.

AGOA: Is It About Opportunities or Arm-Twisting?

The African Growth and Opportunity Act (AGOA) needs to be reauthorized next year and discussions about how to improve it are picking up steam. There is a lot that is unknown—when it will be renewed, for how long, and whether the renewal will be as “seamless” as everyone says they want.

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