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CGD in the News
June 09, 2014
During the past two decades, something unexpected happened in the field of development economics. Researchers got out from behind their desks to figure out why, after billions of dollars had been spent on foreign aid, so many poor people were no less poor. They began talking with those they were try...
CGD in the News
May 16, 2014
Sandefur: “It’s not that anyone who was hungry the night before woke up with food in their belly or that people are any less poor in any real sense. It’s just categorized differently on paper.” [7:31]
Sandefur: “The global allocation of poverty looks very different wit...
CGD in the News
May 14, 2014
It’s probable that the U.S. economy is no longer the world’s largest. New World Bank figures, notes economist Arvind Subramanian of the Peterson Institute, suggest that sometime in 2014 China will overtake the United States in gross domestic product — the production of goods and se...
CGD in the News
May 13, 2014
"We can say with some confidence that the renminbi is now fairly valued, which is a striking change from even 2005, when the currency was undervalued by nearly 30 percent," Martin Kessler and Arvind Subramanian of the Peterson Institute for International Economics said in a report released...
CGD in the News
May 13, 2014
When China Real Time last delved into the valuation of Chinese yuan, economist Arvind Subramanian of the Peterson Institute for International Economics came to a surprising conclusion: The yuan was no longer undervalued. China might be shedding its mercantilist ways, he wrote with a co-author, after...