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Blog Post
December 09, 2013
Donald Kaberuka, the President of the African Development Bank and the leading voice for forward-leaning economic policy on the continent, has come out publicly in favor of paying some portion of natural resource windfalls as a direct dividend to citizens. We’re pretty excited about this polic...
Blog Post
June 17, 2013
This is a joint post with Stephanie Majerowicz.
When we share the Oil-to-Cash idea with people who are hearing about it for the very first time, the typical response is almost always viscerally negative. (If you aren’t familiar with Oil-to-Cash, here’s the web page and a 4-min jellybean...
POLICY PAPERS
June 12, 2013
This paper lists—and attempts to address—the most serious objections to Oil-to-Cash. The response to many objections is to ask about a plausible counterfactual (how do cash transfers compare to the alternative policy options?). Others warrant a clearer articulation of available evidence or ways to m...
Jun
3
2013
3:00—5:00 PM
May 29, 2013
Reliance on natural resource revenues, particularly oil, is often associated with bad governance, corruption, and poverty. Worried about the effect of oil on Alaska, Governor Jay Hammond had a simple yet revolutionary idea: let citizens have a direct stake. The Governor’s Solution features his first...
May
21
2013
11:00—12:00 PM
May 21, 2013
There is a long, paradoxical, and tragic tradition of resource-rich developing countries suffering from prolonged economic stagnation. This “resource curse” is costly both in terms of economic and human development. The cure for this economic and political disease is the adoption of the core princip...
Blog Post
January 28, 2013
This is a joint post with Stephanie Majerowicz. Venezuelan President Hugo Chavez hasn’t appeared in public since his cancer surgery last December and, given his sharply deteriorating health, it seems a safe bet that the country will be having another national election sooner rather than later....
Multimedia
January 28, 2013
Todd Moss, senior fellow and vice president for programs at the Center for Global Development, demonstrates how leaders of poor countries can beat the resource curse -- the paradox that countries that strike it rich often suffer from high poverty, dismal governance, and terrible corruption. His poli...