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Americans have three choices regarding the low-paying, often hazardous jobs most don’t want: keep foreign labor here, continue to import the needed products, or use robots. To pretend otherwise is doing everyone a disservice.
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 BurjKhalifa.
Everyone says August in Washington, D.C. is quiet. That is of course, unless you are planning to attend the presidential conventions and from what I can tell, just about everyone is sending someone to the conventions. And this time around, CGD is going to both of them.
CGD 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
You might have seen Gunilla Pettersson’s excellent Development Data site mentioned recently on Dani Rodrik’s blog. Any development researcher will find riches in what Gunilla has carefully amassed and organized. Here are some other general-interest sources of data for empirical research on economic development: