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Blog Post
March 09, 2023
Dana Hyde showed tremendous leadership and wisdom as the fourth head of the Millennium Challenge Corporation (MCC), serving for nearly three years during President Obama’s second term. These brief notes on her leadership are our way of providing a tribute to her major contributions to MCC’s effectiv...
Blog Post
September 28, 2020
When a society goes from broadly shared growth to a state of malaise or decline, the ensuing pain is not just economic but psychological. Now that tens of millions of people in developing countries are suffering precisely such a reversal of fortune, the political fallout is sure to be tumultuous.
Blog Post
June 08, 2020
There are two ways to look at progress in the developing world context. I think the right way to look at it is that there has been tremendous success. The downside is that, as we see with the threat of COVID as well as the risk of more natural disasters because of climate change, that they and the e...
Blog Post
April 25, 2018
A large proportion of revenue gains over the last two decades has come from countries’ efforts to improve the design and compliance of consumption and other indirect taxes, particularly the VAT (value-added tax); in doing so, the objective has been to minimize VAT’s regressive effe...
Blog Post
March 05, 2018
Mohamed Bouazizi is the man whose protest sparked the Arab Spring in December 2010. Bouazizi was a typical “struggler,” as in the title of my keynote speech at the Australasian Aid conference several weeks ago: “Strugglers: This Century’s New Development Challe...
Blog Post
October 23, 2017
Inequality and inclusive growth were high on the agenda of the Annual Meetings of the International Monetary Fund and World Bank earlier this month. We are glad about that, but the under-reported story here is that this prominence marks a dramatic shift in the IMF over the last two decades...
ESSAYS
August 02, 2017
Globalization is under attack in the West. The debate among pundits is no longer about whether globalization is to blame or not. It is about why globalization is now the bugaboo it has become. A common thread are changes, for the worse, in the economic and social standing of the Western middle class...
Blog Post
December 13, 2016
“We are going to have global markets still operating,” says Nancy Birdsall confidently, but “the big issue is, will we have a good global politics operating?" And that is indeed the question, as turbulent 2016 draws to a close and 2017 rolls into view. It’s one that will...
Multimedia
December 12, 2016
“We are going to have global markets still operating,” says Nancy Birdsall confidently, but “the big issue is, will we have a good global politics operating?" And that is indeed the question, as turbulent 2016 draws to a close and 2017 rolls into view. It’s one that will...