CGD in the News

Germany Climbs in Development Ranking by Taking in Refugees (Reuters)

September 6, 2017
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From the article:

Germany has jumped 10 slots from last year to fifth place on a list ranking how well rich countries’ policies help improve lives in the developing world, mainly thanks to its willingness to take in refugees - a hot topic in its Sept. 24 election.

Denmark took over the top spot from Finland, which falls to third place, while Sweden moves up one notch to second on the list that includes the impact from foreign aid and policies on trade, finance, migration, the environment and technology.

“Germany moves up to fifth on the 2017 Index, mainly thanks to policies on migration, including accepting a large number of refugees,” author Ian Mitchell from the Washington-based Center for Global Development said in the report.

Labor mobility is potentially the most powerful tool for poverty reduction and income redistribution, he said.

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