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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.

 

Dubai, Magnet for Foreign Workers, Could Do Better by Easing Labor Mobility Restrictions

The story of Dubai is remarkable. In six decades it has grown from a small fishing village to a gleaming metropolis with a per capita GDP comparable to that of the United States. In many ways, Dubai must be seen to be believed. Even its skyline is unreal–rising straight out of the desert and dominated by the tallest building in the world—the 2625 ft., 160-story, silver-and-glass Burj Khalifa.

Can the MDBs Jump-Start the Market for Country Risk Management Tools?

World Bank President Robert Zoellick, CGD President Nancy Birdsall, and CGD Non-resident Fellow Guillermo PerryCGD recently hosted a roundtable discussion on a set of important questions confronting the multilateral development banks (MDBs) as the market for their loans shrinks: can they help to foster a greatly expanded market for new risk management tools -- such as insurance and other hedging mechanisms -- to