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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.

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.

Understanding Economic Development: A Reading List

I have just finished teaching a course at the School for Advanced International Studies (SAIS) at Johns Hopkins University on long-run economic development. At the urging of some of my CGD colleagues, I have put together a reading list that should be of interest to a broader development audience because it includes, in addition to the normal academic readings, a large number of fictional and nonfictional books and articles that have enhanced my understanding of economic development. 

At Long Last, A Paris Club Deal with Argentina. But What Will Congress (and the Lobbyists) Think?

In the world of sovereign debt workouts, the relationship between Argentina and the Paris Club has tended to look like Lucy, Charlie Brown, and the football. Time and again, Argentina (Lucy) would earnestly declare interest in striking a deal to repay its debt to club creditors only to pull back at the last minute. So imagine everyone’s surprise at this week’s announcement that Charlie Brown finally got to kick the football.

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