Visiting fellow Carol Lancaster analyzes the dramatic changes in U.S. foreign aid during the Bush administration, including the increased use of aid to address failed states and to fight the global war on terror, the establishment of an entirely new aid agency—the Millennium Challenge Corporation (MCC), and the use of large amounts of aid to address a single problem, as with the President’s Emergency Plan for AIDS Relief (PEPFAR).
In an increasingly globalized world, inequality is an issue of rising concern, especially in Latin America, home to many of the world's most unequal societies. This new book, co-published by the Center for Global Development and the Inter-American Dialogue, describes the links between recent growth trends, changing patterns of inequality, and rising cynicism and frustration with the political leadership across the region. The authors, Nancy Birdsall, Augusto de la Torre, and Rachel Menezes, present a dozen economic policy tools to make life fairer for the great majority of people--without sacrificing economic growth.
Girls have achieved remarkable increases in primary schooling over the past decade, yet millions are still not in school. In Inexcusable Absence, CGD visiting fellows Maureen Lewis and Marlaine Lockheed reported the startling new finding that nearly three-quarters of out-of-school girls belong to minority or otherwise marginalized groups. This companion volume further analyzes school enrollment, completion and learning with case studies in seven countries: Bangladesh, China, Guatemala, India, Laos, Pakistan, and Tunisia.
In this new book, Bill Cline, a joint senior fellow at CGD and the Peterson Institute for International Economics, provides the first ever estimates of the impact on agriculture by country, with a particular focus on the social and economic implications in China, India, Brazil, and the poor countries of the tropical belt in Africa and Latin America. His study shows that the long-term negative effects on world agriculture will be severe, and that developing countries will suffer first and worst.
Experience shows that outside efforts to help reform or reconstruct fragile states must simultaneously address issues of security, governance, and economic growth. Greater than the Sum of Its Parts? looks at how seven governments—the United States, United Kingdom, Canada, Australia, Germany, France, and Sweden—are seeking to integrate their approach to fragile states. The authors find that "whole of government" approaches remain a work in progress and provide recommendations for how donors can best engage weak countries, including by experimenting with pooled funding arrangements, developing unified national strategies and by evaluating the impact of their interventions.
Bill Easterly calls Moss's new introduction to Africa "compulsively readable and accessible" and "a masterpiece of clear thinking." Each chapter is organized around three fundamental questions: Where are we now? How did we get to this point? What are the current debates?
Does foreign direct investment (FDI) channel capital and know-how to developing countries? Or does it bring corruption and abuse of labor standards? Harnessing Foreign Direct Investment shows that FDI's contribution to development can be extremely powerful but that some forms of FDI, especially infrastructure, have serious adverse consequences. CGD non-resident fellow Theodore H. Moran shows for the first time how some investors circumvent the U.S. and host country laws and international treaties outlawing corrupt payments without risking prosecution, and offers recommendations on what to do about it.
Girls' education is widely recognized as crucial to development. Yet there has been surprisingly little hardheaded analysis about what is keeping girls out of school, and how to overcome these barriers. In Inexcusable Absence, Maureen Lewis and Marlaine Lockheed present new research showing that nearly three-quarters of the 60 million girls still not in school belong to ethnic, religious, linguistic, racial or other minorities. The authors then examine examples of success in helping these doubly disadvantaged girls to attend school and offer concrete proposals for new policies and programs.
Agricultural market liberalization is the linchpin for a successful conclusion to the Doha Round of World Trade Organization (WTO) negotiations because these are the most protected markets remaining in most rich countries. But the implications for developing countries, especially the poorest, are more complex than the current debate suggests. In her new book, Delivering on Doha: Farm Trade and the Poor, Kimberly Ann Elliott, a joint senior fellow at CGD and the Peterson Institute for International Economics, examines the structure of agricultural support in rich countries and the challenges and opportunities for reviving and completing the Doha Round of trade negotiations.
This controversial book argues that irresistible demographic forces for greater international labor mobility are being checked by immovable anti-immigration ideas of rich-country citizens. Pritchett proposes breaking the gridlock through policies that support development while also being politically acceptable in rich countries. These include greater use of temporary worker permits, permit rationing, reliance on bilateral rather than multilateral agreements, and protection of migrants' fundamental human rights.
Critics allege that the World Bank is deeply flawed. Yet the world needs a strong World Bank to help manage development and the related global challenges of the 21st century. Do the Bank's shortcomings put its future at risk? If so, can the Bank be rescued? Rescuing the World Bank, a new book that includes a CGD working group report and selected essays edited by CGD president Nancy Birdsall, offers timely perspectives on challenges that are crucial to the Bank’s future success.
This new collection of essays sets an agenda for increased American effectiveness in dealing with failed states to promote economic development and international security. It includes an overview of the poorly understood challenge of weak and failed states and case studies by regional policy experts, then offers recommendations for reform of U.S. foreign and development policy to better meet the challenges posed by weak states.
Most studies of privatization look at what happens to companies. Reality Check, a new volume of case studies from Latin America, Asia, and the former Soviet Union, examines the impact on people. Surprise: privatization has often been a reasonably good thing, even for the poor.
How is America's debt of 22% of GDP and its $670 billion trade deficit sustainable? What are the challenges to the rest of the world as the US’ fiscal accounts and exchange rates adjust to correct this imbalance? In this important new book, CGD/IIE Senior Fellow William R. Cline argues that without a significant fiscal adjustment, the growing US foreign debt will put the US economy—as well as the world economy and developing nations—at risk. The National Journal calls the book "the most thorough and up-to-date look at the issue."
A CGD best-seller, Give Us Your Best and Brightest has been praised in Foreign Affairs as "a judicious combination of facts, theory, and informed conjecture on a growing but complex phenomenon about which too little is known." Best and Brightest addresses the migration of well-educated workers from poor to rich countries, and the implications of such migration for development. "The book makes insightful contributions to the literature," says Development Policy Review.
Does Foreign Direct Investment Promote Development? gathers together the cutting edge of new research on FDI and host country economic performance and presents the most sophisticated critiques of current and past inquiries.
In this book, Nicolas van de Walle identifies 26 countries that are extremely poor and grew little if at all in the 1990s. His sample excludes North Korea and countries where civil war explains some of their failure to grow (Afghanistan, Sierra Leone, Sudan, Tajikistan and others). The 26 countries have limited infrastructure and human capital and the small size of their markets deter private savings and investment. Aid was meant to help overcome these problems, and these countries received a lot. Yet they have failed to grow. What is wrong? Is foreign aid a solution or part of the problem? What changes might make aid more effective? Given these countries require the financial and technical resources of the West, why haven’t aid programs made a difference?
A Better Globalization: Legitimacy, Governance, and Reform by Kemal Dervis is a reformist manifesto that argues that gradual institutional change can produce beneficial results if it is driven by an ambitious long-term vision and by a determination to continually widen the limits of the possible.