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BRIEFS
March 08, 2017
In the wake of the global financial crisis, the IMF undertook a series of reforms to its lending facilities to manage volatility and help prevent future crises. The reforms included the adoption of two new lending instruments: the Flexible Credit Line (FCL), introduced in 2009, and the&nbs...
CGD in the News
March 07, 2017
"Mexican immigration is something from our grandparents' era," says Michael Clemens, an economist at the Center for Global Development. "The fraction of the labor force in Kansas that was Mexican in 1929 was higher than it was in 1990. The same is true of Arizona. The same is true...
CGD in the News
March 01, 2017
But researchers Ethan Lewis of Dartmouth College and Michael Clemens and Hannah Postel of the Center for Global Development found that barring Mexican farm workers "failed to raise wages or substantially raise employment for domestic workers." Instead of hiring Americans, farms turned to m...
WORKING PAPERS
February 28, 2017
This paper addresses four misconceptions (or ‘myths’) that have likely played a role in the limited utilization of the IMF’s two precautionary credit lines, the Flexible Credit Line (FCL) and the Precautionary and Liquidity Line (PLL). These myths are 1) too stringent qualific...
Blog Post
February 08, 2017
A small pilot project between the US and Haiti showed that the US could directly and effectively assist Haitian families to earn dignified livelihoods—at negative cost to US taxpayers. That is, the two countries could cooperate for development in a way that actually adds value to the US e...
CGD in the News
February 07, 2017
Michael Clemens and Hannah Postel of the Centre for Global Development, and Ethan Lewis of Dartmouth College, have used archived records of American agricultural jobs and wages to test whether Kennedy was right. Did ending the bracero scheme in 1964 in fact lead to higher wages and more wo...
CGD in the News
February 07, 2017
A new study by Michael Clemens and Hannah Postel of the Centre for Global Development compares those Haitians who secured visas through the project with unsuccessful applicants left behind. The benefits were mind-boggling: the temporary migrants earned a monthly income 1,400% higher than those back ...
Feb
16
2017
12:30—2:00 PM
January 25, 2017
Organized groups of individuals challenging the status quo are critical for institutional change and economic development patterns. This paper studies the 2011 student movement in Chile, the largest protest mobilization in the country’s history, in which hundreds of thousands of students skipp...
Feb
3
2017
12:30—2:00 PM
January 25, 2017
Why do some governments provide more public goods than others? Focusing on the case of public education, this article challenges the centrality given to the role of democracy and mass pressure for redistribution; and posits an alternative explanation rooted in the role of internal political disorder...
Jan
30
2017
12:30—2:00 PM
January 25, 2017
Corruption in hiring for public sector jobs is common in developing countries, and has been assumed to have a detrimental effect on delivery of government services. This paper provides a framework for understanding this type of corruption and demonstrates that it need not have negative consequences....