Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Five Ways to Share Climate’s Best Kept Secret this International Day of Forests

Protecting and restoring tropical forests represents one of the biggest, cheapest, and fastest ways to fight climate change, as Frances Seymour and I show in our book, Why Forests? Why Now? Yet climate conversations in rich countries remain heavily dominated by energy, while tropical forests often feel like climate’s best kept secret. On the International Day of Forests, here are five ways to make tropical forests a better known climate solution.

Jobs for Women: New Frontiers for Research and Action

The pace towards gender equality has been far too slow. Despite major progress on narrowing gender gaps in educational attainment, global progress has stagnated in a most important area for gender equality: women’s participation in the world of paid work. Gender gaps in economic participation are widespread and persistent, averaging around 27 percent globally in 2015, only about 1.5 percent lower than in 1990.

Defending Development in a Time of Cuts—My Conversation with UNDP’s Helen Clark

On the day the Trump Administration proposed considerable cuts to the US international affairs budget, including US funding for the UN, CGD hosted the outgoing head of the UN’s largest agency, UNDP Administrator Helen Clark. As she prepares to step down after eight years in the post, she will leave behind a UN system facing serious questions about its future capabilities and financing. That idea, in fact, informed the title of our event Facing Future Challenges on Uncertain Ground, the video of which you can watch here.

Does the US Interest Rate Rise Mean Trouble for Emerging Markets? Depends on Your Timeframe

The rate is still very low at 0.75% in the US, and, in addition, there is no perception or expectation that rates are about to rise in other advanced economies such as Japan or the EU. Taken together then, interest rates in advanced economies look set to stay extremely low. So, for now at least, emerging markets may not need to worry too much about capital inflows drying up. But in the medium to long term a problem may loom for emerging markets.

The Time Is Right for Expanding the Use of the IMF’s Precautionary Credit Lines

Many emerging economies could benefit from insurance against this backdrop of volatility. Fortunately, cheap and no-strings-attached liquidity insurance exists, in the form of the IMF’s Flexible Credit Line (FCL) for countries with very strong policy fundamentals; for countries with somewhat weaker, but still sound fundamentals, the Precautionary and Liquidity Line (PLL) offers a similarly good deal. But these precautionary instruments remain underutilized. We have some suggestions on how the IMF could fix this.

Insights from Experience: Practical Effects of the SDGs on Public Administration and Aid

When the UN adopted the Sustainable Development Goals (SDGs) in 2015, they were met with a mix of hopedismay, and derision. Until we see how people respond to these goals, judgments about their specificity, complexity, and usefulness are educated guesses. At a workshop last month, I got a glimpse of two ways the SDGs may be making a difference—focusing political attention and reorganizing aid relationships.

It’s Time for Global Sports Bodies to Live Up to Their Rhetoric on Gender

For all the protestations about equality, there’s evidence to suggest both the International Olympic Committee and FIFA turn a blind eye to evidence of considerable discrimination against women when it comes to the opportunity to compete at the highest levels of sport. They should be ready to back their beautiful words into concrete actions that make a difference, and one tool would be banning countries that grossly discriminate from participating in events.

Refusing Visas, Refusing Income?

In 2015, there were 77,470,857 visits to the United States from other countries. These visitors brought tremendous benefit: not only did they each spend an average of $4,400 on US goods and services during their stay, but also they helped US firms engage with foreign markets, raise the quality of students here, and help with the diffusion of knowledge. We should want more of these tourists and businesspeople, and the above suggests a real cost to inaccurate visa screening mechanisms—of which blanket bans are a prime example.

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