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A Cash Bailout for Zimbabweans that Deserves Support

For once, some good economic news out of Zimbabwe: a recent humanitarian cash transfer pilot is showing promising results. While I’ve adamantly opposed a bailout for the Mugabe regime, a bailout for the population—if the cash is delivered directly to citizens—is something all friends of Zimbabwe should get behind.

The Political Paradox of Cash Transfers

Rigorous evaluations show giving poor people cash is a very effective policy. But polls show poor Tanzanians would rather have government services.

This is part II in our blog series about poll results from Tanzania on managing the country’s newfound natural gas wealth. Read part I on fuel subsidies and stay tuned for part III on transparency.

What Cash Payments Can’t Do: Lessons from #BringBackOurGirls

I have had the privilege of living and working in West Africa for the past 15 years. In 2007, I spent several months in northern Nigeria, interviewing grain traders in cross-border markets. These markets were some of my favorite places in West Africa—bustling, chaotic, open-air markets that brought together hundreds of farmers, traders and consumers, all from different villages and cultures, to exchange, talk and trade. I enjoyed walking through those markets, observing, negotiating and asking questions.

How to Turn Citizens into Owners of National Wealth

This post, co-authored with Alan Gelb, was originally published in Financial Times: This is Africa

On November 28 Anadarko Petroleum doubled the estimate of its massive Mozambique gas discovery. If this proves correct, Mozambique will become a major gas exporter and can expect a hefty windfall.

Mozambique is not alone. Per square mile, proven sub-soil assets in poor countries — notably in Africa — are only about one quarter of those in better-explored, rich countries. Not surprisingly, high prices and new technologies are driving new oil, gas, and mineral discoveries across the developing world. Billions of dollars will be pumped into countries like Uganda, Liberia, Papua New Guinea, Mongolia and Bolivia. While this should be good news, it also raises concerns.