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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.

 

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.

Dealing with Big Tobacco Bullies Part 2: The Trade and Investment Angle

Colleagues Amanda Glassman and Bill Savedoff posted an excellent piece on the role of the World Bank, the US Agency for International Development, and other nontrade agencies in helping developing countries fend off the “Big Tobacco Bullies.” They argue that agencies like the World Bank could use their money, technical assistance, and policy dialogue to provide big visible support for developing countries to implement their anti-tobacco policies.

Bali Deal “Saves” WTO, For Now

The Bali package included agreements to facilitate trade by modernizing customs procedures and to ensure that minimum access for agricultural imports subject to quotas is achieved in practice. On food security, there was, at the end, a resolution of the dispute over a “peace clause” that will allow India to shield its food stockholding program from trade challenges for at least four years.

Updated Look at Trade in the Commitment to Development Index

After some modest tweaks over the years, the trade component of the Commitment to Development Index got a makeover in 2013—not a new face, but a nip and tuck here and there. The latest CDI includes a more direct measure of tacit barriers to trade from the World Bank’s Doing Business indicators on the time and cost to import, exclusive of tariffs. The trade component also now recognizes the growing importance of trade in services—and barriers to it—thanks to another team of World Bank economists that developed the Services Trade Restrictiveness Index.

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