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.

 

Illicit Financial Flows and Trade Misinvoicing: Time to Reassess

You might remember the UNCTAD report on trade misinvoicing published last year which alleged that the majority of gold exports leave South Africa unreported. If not, you will more than likely have heard the billion dollar estimates of illicit financial flows as a source of resources for financing the SDGs. It is increasingly clear that these calculations, based on gaps and mismatches in trade are not reliable.

A Reason for Happier Meals at McDonald's: Fewer Antibiotics in Your Chicken

McDonald's has just gone global with its commitment to serve chicken free from antibiotics that are critically important to human health. Building on a similar phase-out in its US chicken supply in 2016, the company will ban critical antibiotic use from sourced chicken in a handful of high-income countries and Brazil in 2018, expanding to a longer list of “designated markets” by 2027. That's evidence of both the potential to reduce global antibiotic use in livestock and the vital role consumers can play in speeding progress.

Meeting Sub-Saharan Africa’s Frontier Market Financing Needs: More Is Better from the IMF

3/9/17

An energizing development for IMF staff working on sub-Saharan Africa (SSA) over the past decade was the region's clear growth uptick and progress in reducing poverty relative to earlier periods. A number of African countries graduated to lower middle-income country (MIC) status and became "frontier economies." This was the essence of the “Africa Rising” story. But since my time at the Fund, I have pondered whether the IMF has fully adjusted to the evolving financing needs of these countries. I think it’s fair to conclude that this adjustment is a work in progress and that SSA frontier countries can themselves do more to accelerate it.

India’s Supreme Court Ruling on Privacy and What It Means for Aadhaar

Aadhaar has already demonstrated the potential of digital ID to transform systems of governance and increase efficiency of private transactions. By addressing the genuine concerns of individual privacy and data protection, it can lead by example as it has done on the technological side. The right to privacy judgement by India's Supreme Court is an opportunity to make Aadhaar a bigger success than it already is. India can learn from other countries to do just that.

How Big Is the Transfer Pricing Prize for Development?

It is often stated that developing countries are “haemorrhaging billions of dollars” of tax revenues through companies abusing transfer pricing, in particular by mispricing commodities.There is no doubt that companies can take advantage of weak regulations and enforcement, but new studies based on microdata from revenue authorities suggest the scale of revenues that might be recovered is unlikely to match up to heightened popular expectations.

Mindful Saving in Tanzania: Strategies Women Use

The entrepreneur is a 59-year-old widow in the city of Mbeya, Tanzania. She has a covered dark corner space in an open market where she sells soft drinks during the day, adds beer in the evenings, and also sells prepared meals in an adjacent space. She recently took a 6-week long business training course from TechnoServe, which included instruction on how to access M-Pawa, a new Vodaphone mobile savings platform. This should allow her to gain better control of her income and invest in her business.

What We're Reading in Summer 2017

Here we are, deep in the throes of summer, which hopefully means you have finished your planned holiday books and are in need of another good read or two! But what should you choose? We asked CGD experts to share their recommendations. Check out the list below to find what fits your mood, whether that's a deep dive into migration policy, a surprising look into Machiavelli's life, or a techno-utopian, time-traveling adventure (I know what gets my vote!). 

Results-Based Payments to Reduce Deforestation

The 2015 Paris agreement incorporates a framework of reducing emissions from deforestation and forest degradation (Redd+). Here are three reasons why Redd+ is a valuable tool in the fight against climate change, and responses to three common criticisms of the framework that no longer hold up.

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