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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...
ESSAYS
February 16, 2016
The two economic developments that have garnered the most attention in recent years are the concentration of massive wealth in the richest one percent of the world’s population and the tremendous, growth-driven decline in extreme poverty in the developing world, especially in China. But ju...
ESSAYS
May 04, 2015
Last year, the Asian Development Bank (ADB) management proposed a major financial restructuring that would increase the amount of bank capital available for investment. This proposal offers many benefits in and of itself. But it also creates an opening for additional and complementary changes in gov...
ESSAYS
April 28, 2015
The current size of the income-secure middle class and its likely future growth, suggest that
optimism is indeed warranted for many of today’s middle-income countries. But it is not warranted for all of them, and especially not for most of the
low-income countries of South Asia and sub-Sah...
ESSAYS
December 17, 2013
Originally published in Foreign Affairs.
On May 29, 2013, British immigration officers raided the Alternative Tuck Shop, a café just down the road from Oxford University’s economics department, where South Asian and Middle Eastern employees serve tea, scones, and sandwiches. The ...
ESSAYS
July 10, 2013
Labor migration to Gulf Cooperation Council (GCC) countries has massive effects on the GCC, the countries migrants come from, and the migrants themselves and their families. Yet existing research on the effects of Gulf migration is marked by its extreme scarcity, reliance on descriptive anecdote, an...
ESSAYS
January 14, 2011
A new focus on measuring development results would have far-reaching benefits for U.S. development
strategy, for U.S. public diplomacy efforts, and for the strength of Pakistan’s democratic institutions.
In this essay, Nancy Birdsall and Wren Elhai suggest five possible indicators that illustrate ...