President Donald Trump gave a broad speech today on immigration and U.S. immigration and asylum policy. I review a few statements from the speech that are based on common immigration myths.
CGD Policy Blogs
For LIDCs as a whole, China’s role as creditor is modest, at least in relation to other groups of creditors. But for a sub-group of countries—those that have historically been vulnerable to debt crises and are showing renewed signs of vulnerability—China’s role is much larger.
An article of faith among development economists is that “evidence-based policy” holds the promise of faster progress. I recently set out to find a rigorously evaluated pilot whose evidence had led to a program at scale. It wasn’t easy.
Donors are considering a proposal for a new “innovative finance mechanism” to increase funding for education, based on recommendations from Gordon Brown’s Education Commission. We agree that we need to finance an expansion of education in the developing world. But sadly, the International Finance Facility for Education (IFFEd) proposal is too good to be true. Using donor guarantees to increase lending by multilateral banks could increase the supply of loans—but there are simpler ways to do that without setting up a new facility.
Country efforts on the SDGs since 2015 are off-track, say Amanda Glassman and Liesl Schnabel. As the second UN Data Forum kicks off in Dubai, they call for a greater focus on the completeness, accuracy, and availability of data.
The UK Secretary of State for International Development Penny Mordaunt spoke powerfully last week about the opportunities for expanding investment in developing countries, including through CDC, the UK’s development finance institution. But a new proposal to count the reinvestment of returns on development finance towards the aid target would contradict the principle underpinning the rules on measuring aid, reduce the UK’s aid effort, and create volatility for other aid (and HM Treasury).
The recent Supreme Court judgement on Aadhaar closes one contentious chapter of its short existence and opens others at the same time. While Aadhaar is here to stay, the 1.25 billion dollar question remains: in what capacity?
The digital economy and the gig economy are on a collision course in Africa. For decades, the informal sector has been the engine of employment growth across the continent, with gig work a big part of that.
When companies and governments sit down to negotiate the terms for major deals with the private sector, workhorse spreadsheet models are what underpin projections of revenues, costs, and profits over time. Both companies and government agencies should have their own models. But in practice, on the government side, there is often no model at all. And even where there is, they are poorly understood, narrowly shared, and rarely if ever updated, leaving the public completely in the dark about how public assets and deals are managed.