The Financing for Development conference in Addis Ababa in July represents one of President Obama’s last major opportunities to secure his development legacy.
Finding Cash for Infrastructure in Addis: Blending, Lending and Guarantees in Finance for Development
The total scale of incremental investment requirements in infrastructure in developing countries has been estimated at around USD 1 trillion a year, with a range of related studies suggesting numbers between $815 billion to $1.3 trillion. While all such numbers are open to considerable debate, and were not designed to measure the cost of delivering the specific SDG infrastructure targets, they suggest the likely scale of the financing challenge for an SDG agenda which includes universal coverage to adequate housing, water, sanitation, modern energy and communications technologies.
Statement of the Honorable Clay Lowery Before the U.S. House Subcommittee on International Monetary Policy and Trade
On June 17, 2015, CGD visiting fellow Clay Lowery testified before the U.S.
Indonesia’s rate of birth registration is imprecisely measured but is low, especially among the poorer, rural, population. At the same time, the country has developed a system of population registration with wide, if not universal, coverage. In addition, under current regulations that link legal recognition of paternity to the existence of a legal marriage, many children can only receive a birth certificate with the name of the mother. Such a credential is widely seen as less than desirable, creating a situation where children are discriminated against on the basis of the marital status of their parents.
In fact refugees and victims of natural disasters account for such a small fraction of the world population, less than half a percent. There is no excuse for not providing adequate timely funding for disasters whose numbers if not locations are relatively predictable. The costs are manageable, or at least they are a fraction of, say, the costs of ending poverty or combating climate change. This is at the easier end of world problems. And therefore fashioning the political will to act in a timely and effective way should be possible.
Enabling Digital Financial Inclusion through Improvements in Competition and Interoperability: What Works and What Doesn't?
The development of mobile payment platforms in developing countries is revolutionizing access to finance for the poor. Mobile payment platforms allow their users to pay and transfer funds in mobile money but also offer access to other financial products, such as savings or insurance.
This paper focuses on invented or created technologies of the type that could (theoretically) be subject to patents and the potential for international agreements including the Addis Financing Conference to better create and share such technologies.
Manufacturing has historically offered the fastest path out of poverty, but there is mounting evidence that this path may be all but closed to developing countries today. Some have suggested that services might provide a new path forward, while others have expressed skepticism about this claim and consequent pessimism over the future growth trajectories of developing countries. We contribute to debate this by using a multi-sector growth framework to establish five important criteria that any sector must exhibit in order to lead an economy to rapid, sustained, and inclusive development.
Todd Moss, Caroline Lambert, and Stephanie Majerowicz offer a well-argued explanation of how oil-to-cash transfers could help countries overcome the corruption, economic volatility, and lack of government accountability that too often plague countries with rich resources but weak institutions.
This brief is a summary of the book Oil to Cash: Fighting the Resource Curse through Cash Transfers (Washington, DC: Center for Global Development, 2015).
The single most cost-effective way to save lives in developing countries is in the hands of developing countries themselves: raising tobacco taxes. In fact, raising tobacco taxes is better than cost-effective. It saves lives while increasing revenues and saving poor households money when their members quit smoking.
Despite unprecedented progress towards lower under-five mortality in high-mortality countries in recent years, a large fraction of these countries will not attain the numerical target under Millennium Development Goal (MDG) 4, a reduction of the mortality rate by two-thirds compared to levels in 1990.
The Health Consequences of Aerial Spraying of Illicit Crops: The Case of Colombia - Working Paper 408
A joint US-Colombia antinarcotics program sprayed hundreds of thousands of acres of illicit crops in Colombia with the herbicide glyphosate over several years. The recent classification of glyphosate as a likely carcinogen raises questions about the health effects of that spraying campaign. In this study, two economists from Colombia’s Los Andes University, combine data on aerial spraying from 2003 to 2007 with comprehensive individual-level data on every visit to public health facilities during that period. They find that aerial spraying raised the incidence of miscarriages, skin conditions, and respiratory problems.