The short answer: it depends. Gisela Robles Aguilar and Andy Sumner investigate the multiple dimensions of poverty in a new CGD paper.
CGD Policy Blogs
The rise of a new global “robot reserve army” will have profound effects on developing countries, but will it mean people will be working hard or hardly working? Today we launched a new CGD working paper on automation, development, and the future of wages and work, that attempts to answer this question and more. If you’ve only got a moment, here are the headlines.
Gasoline, Guns, and Giveaways: Is the End of Three-Quarters of Global Poverty Closer than You Think?
Amartya Sen’s famous study of famines found that a nation’s people died not because of a food shortage but because some people lacked entitlements to that food. In a new CGD working paper with Chris Hoy, we ask if a similar situation is now the case for global poverty: are national resources available but not being used to end poverty?
An End to Global Poverty: Philanthropy, Welfare Capitalism, or Radically Different Global Economic Model?
There have been numerous estimates of future poverty to 2030 based on projections of growth and inequality that rely on informed assumptions and guess work. With that method, no matter how carefully done, you’re almost certain to get it wrong. So Peter Edward and I decided to do something different: look back at growth and its distribution since 1990 and see what it would have taken to have ended global poverty by now based on the actual data.
International development has reached a crucial moment in its evolution. Given the great progress in much of the world in the past decade or so, the paradigm of north-south development assistance is now outdated. All countries are engaged in contributing to global development, supporting sustainability and poverty reduction locally, nationally, regionally and globally.
Ending extreme poverty is likely to be one of the UN Sustainable Development Goals for 2030. So it is a good idea to figure out what that entails. And it turns out that it’s become more complex in the last year or so. That’s because new price data, 2011 Purchasing Power Parity (PPP) estimates, were released in 2014 and the World Bank’s global poverty database, PovcalNet, also had a substantial update.
The policy debate around whether foreign aid—now $138.5 billion a year—works has been polarized between the “Oh yes it does” camp and those who respond “Oh no it doesn’t.” (Christmas pantomime anyone?)
The UN is gearing up for discussions about what international development goals should come after the Millennium Development Goals (MDGs), which expire in 2015. My guest on this week’s Wonkcast is CGD senior fellow Charles Kenny, who recently published a working paper, written jointly with CGD visiting fellow Andy Sumner, that assesses the impact of the MDGs and offers suggestions for what should come next.
This podcast was originally recorded in March 2011. Development is easy, right? All poor countries have to do is mimic the things that work in rich countries and they’ll evolve into fully functional states. If only it were that simple. My guest this week is Lant Pritchett, a non-resident fellow at the Center for Global Development and chair of the Harvard Kennedy School’s Master’s program in international development. His latest work looks at how the basic functions of government fail to improve in some developing countries (a dynamic he defines as a “state capability trap”). Part of the problem, says Lant, is that donors often insist on transplanting institutions that work in developed countries into environments where those institutions don’t fit at all.
Bono appeared at the TED event this week to discuss ending global poverty. He suggested that it was possible to imagine eradicating $1.25 a day poverty by around 2030. And I believe him –at least in my more optimistic moments. The U2 frontman noted one of the benefits if that happened: “you won’t have to listen to an insufferable jumped-u