Inequality

Sometimes it feels like Groundhog Day. Every twelve months or so, I sit down to write about my main wishes for the forthcoming year in development, and every list for the last few years has included my desire to see the US make good on its commitment to IMF quota reform (which would be of little ext...

As well as being the beginning of a new year, this is also the start of CGD’s 15th anniversary year, so what better way to kick off than to invite our president Nancy Birdsall to cast her gaze back to 2015 and forwards to 2016.

Reducing inequality is front and center of the current economic policy agenda. Multilateral institutions like the IMF and the World Bank have accepted that high inequality leads to macroeconomic instability and lowers growth and that lower inequality helps make growth sustainable in the long run. Bu...

A note of caution to policymakers on this edition of the CGD Podcast: make sure the policies you enact to reduce inequality do not end up raising poverty. That’s what my guest Nora Lustig found in her studies of developing countries – mainly in Latin America.