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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.

 

Is India’s Middle Class Big Enough For. . . ?

This is a joint post with Christian Meyer.

For global producers of consumer products, the rise of a middle class in India is great news. Dunkin’ Donuts, Starbucks, and IKEA have all recently announced they will move into the Indian market. The Swedish furniture maker plans to invest up to €1.5 billion over the next 15 to 20 years. A growing and more economically secure middle class in a country that, for all its troubles, is expected to continue to grow at a healthy if not torrid pace, ensures a healthy consumer market for years to come.

CGD’s Understanding India Initiative Launches in New Delhi

The audience in New Delhi, India clung to their seats well past the scheduled end of the program at the recent launch of CGD’s Understanding India Initiative. India’s minister for rural development (and former minister for the environment) Jairam Ramesh, presided over the event, which was organized and hosted by Pratap Mehta (president of the Center for Policy Research and non-resident CGD fellow CGD). Among participants was Nandan Nilekani, head of the Unique Identification Authority of India (who we look forward to welcoming to Washington when he delivers the 2013 Sabot Lecture); prominent academics, and the India-based representatives of foreign development assistance institutions.

Development Hits the Debates (Kind of)

There were lots of critical foreign policy debate topics to cover during the final presidential debate—like the US auto industry—so we didn’t hear quite as much on development issues like climate change or global health as I might have liked.

Gaps aside, there were a surprising number of references to the importance of development to US soft power. Both candidates referenced the connection between developing countries’ economic growth and US national security.

Attn Bob Schieffer: Three Serious Questions to Throw Obama and Romney Off Kilter

From Big Bird to malarkey to binders full of women, it’s been quite the presidential debate series (there was also that whole dramatic shift in the momentum of the race thing).

On Monday, we’ll hear from President Obama and Governor Romney for 1.5 Bob Schieffer-moderated hours on foreign policy. The topics have already been announced, and while it’s possible some development-related questions could come up (mostly likely under the basket of America’s role in the world), the odds aren’t great. Regardless, here are three questions that I’d like to hear the candidates answer.

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