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RICH WORLD, POOR WORLD
July 18, 2005
Development refers to improvements in the conditions of people’s lives, such as health, education, and income. It occurs at different rates in different countries. The U.S. underwent its own version of development since the time it became an independent nation in 1776.
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BRIEFS
July 18, 2005
This brief examines the potential positive synergies between globalization, development, and labor standards. It argues that certain core labor standards can be applied globally without undermining comparative advantage, and that doing so would be good for development. The issues are also examined i...
RICH WORLD, POOR WORLD
July 18, 2005
Trade has the potential to raise incomes worldwide. But trade creates losers as well as winners. This Rich World, Poor World brief provides an accessible introduction to the impact of global trade on U.S. jobs and suggests policies that the U.S. can pursue to maximize the gains and minimize the loss...
BRIEFS
July 15, 2005
This brief summarizes five key recommendations from the CGD book A Better Globalization: Legitimacy, Governance, and Reform by Kemal Dervis. It presses for reform on a broad front with a renewed, more legitimate, and more effective United Nations as the overarching framework for global governance ba...
BOOKS
July 14, 2005
A Better Globalization: Legitimacy, Governance, and Reform by Kemal Dervis is a reformist manifesto that argues that gradual institutional change can produce beneficial results if it is driven by an ambitious long-term vision and by a determination to continually widen the limits of the possible.
BRIEFS
July 13, 2005
Sugar is a prototypical case of a policy that favors the few at the expense of the many. Thanks to a government policy that supports prices by sharply restricting imports, a small number of American sugar cane and beet growers are enriched at the expense of US consumers and of more efficient foreign...
BRIEFS
July 13, 2005
In this brief we focus on potential disruptions in poor countries and the policy priorities for coping with them. In particular, we recommend that the United States, which is the only rich country that does not grant tariff-free access for imports from all least-developed countries, provide this acc...
WORKING PAPERS
July 13, 2005
This paper examines arguments in favor and against the of patent rights on pharmaceuticals in the developing world as required by World Trade Organization membership. It emphasizes that these new pharmaceutical patents promise benefits and costs that differ with the characteristics of diseases. It a...
WORKING PAPERS
July 13, 2005
In this paper we argue that neither the level nor the change in a country's trade/GDP ratio can be taken as an indication of the "openness" of a country's trade policy. In particular, we examine the ways in which terms of trade shifts have affected trade/GDP ratio over the past two decades, and find...