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CGD NOTES
March 11, 2024
Pakistan’s recent economic history shows why it has been so difficult to service the external debt and why this will continue to be a challenge in the future. First, external debt has not been used to expand public investment for many years now; instead, it has largely supported government consumpti...
Blog Post
March 08, 2024
Sorry for the lack of links last week: childcare responsibilities trumped reading and musing on the assorted economic and research detritus that was settling on my brain. But what you lost last Friday, you gain today: though I’m going to try and stick to 7 items, as usual, there will be a little mor...
Blog Post
March 07, 2024
An extraordinary cascade of crises threatens Africa’s growth and economic stability. The incomplete economic recovery from the global pandemic, Russia’s invasion of Ukraine, food and fuel inflation, rising debt distress, and Israel’s ongoing war in Gaza have all aggravated geopolitical and geo-econo...
Blog Post
February 23, 2024
Today, my son walked into one of my meetings to demand I dismantle one of his toy trucks (it’s touching how much faith he has in my non-existent facility with tools), and on being told I would do it after the meeting, declared that he would wait for me. He sat down by my chair and started howling at...
Blog Post
February 16, 2024
Last week’s promise to saw the legs off the bed has yet to be implemented. Three immediate constraints presented themselves: first, I need to buy a saw (I wasn’t kidding when I said DIY isn’t my thing); then the little one fell ill, and it seemed cruel to chop the bed down while he was still in it; ...
Blog Post
February 09, 2024
An update to last week’s intro: after a solid week of negotiation with my 3-year-old (whom the FBI should hire to conduct hostage negotiations, so good is he at getting his way and wearing down his opponent), we have agreed that the new bed I ill-advisedly constructed for him just before bedtime doe...
Blog Post
February 02, 2024
Tim Harford considers ‘addition by subtraction’—the idea that removing items is a neglected way of improving things. Anyone who has sent a paper for comments with the note that ‘it’s already too long, so suggestions on what to excise are very welcome’ will know that the vast majority of replies neve...
CGD NOTES
February 02, 2024
Most of the episodes in this series have been about my luck and privilege as a white and well-off American; they reflect my growing realization that the luck and privilege I’ve enjoyed in the nearly eight decades of my lifetime are in good part a product of America’s vast wealth and power throughout...
Blog Post
January 26, 2024
There have been a few important milestones in my parenting journey so far: first words, first steps, first meals cooked together. But few have been more rewarding than first time singing along to Victory Test Match by Lord Beginner, or first youtube video of cricketing highlights watched together (i...
Blog Post
January 24, 2024
Yesterday marked two decades since President George W. Bush signed into law a consolidated spending bill that carried authorization for the creation of a new innovative US aid agency. The win came nearly two years after the president unveiled his bold vision that centered on “a new compact for globa...