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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.

 

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.

India’s Puzzling New PPP

Last week saw the release of the new 2011 Purchasing Power Parity (PPP) rates for GDP produced by the International Comparison Program (ICP). The ICP is a major global statistical operation. The Global Office is housed in the World Bank but the ICP is implemented separately in each region by designated regional counterparts.

Reflecting Back, Looking Forward: Illicit Flows and Inequality

This Q&A was originally posted at Democracy in Africa.

1. Tell us a bit about your work with the Center for Global Development

CGD is a ‘think and do tank’ established in Washington, DC in 2001, doing rigorous research with the aim of producing policy proposals to improve the development impact of (or reduce the damage done by) rich countries. I work for CGD Europe, based in London, as a research fellow leading on illicit financial flows, and continuing to dabble in inequality.

Where Is Life Better…?

Last week, we sat down with Lawrence to record a Wonkcast on our new working paper The Median is the Message: A Good-Enough Measure of Material Well-Being and Shared Development Progress. In the paper, we argue that survey-based median household consumption expenditure (or income) per capita should be incorporated into standard development indicators, as a simple, robust, and durable indicator of typical individual material well-being in a country.

A Solution for the Inequality Politics of Post-2015?

Two main objections have been raised (by the High Level Panel on Post-2015, for example) to including an income inequality target in the post-2015 framework. One is technical, namely the claim that there isn’t a good enough measure of inequality. I don’t take this very seriously. Is this one area of measurement too complex?