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European Union members are collectively the largest aid donor in the world and give over half of global aid, and the EU’s policies have a major bearing on global development—from migration, to trade, agriculture and security. CGD is bringing its innovative thinking and evidence-based, practical propositions to the unique European context.
The Brexit vote illustrates what can happen when people feel their job opportunities are suffering due to liberalized trade policies. If we want open migration and trade policies, we need to focus on domestic job losses.
There is much uncertainty now about how the UK will respond to Thursday’s referendum result calling for Britain to leave the European Union. The effects on developing countries—and development cooperation—will depend in part on what is agreed in the coming months and years. But here is some speculation about the possible threats that Brexit implies, and a (rather shorter) list of the possible opportunities.
The European Union is a unique and inspiring association. We are alarmed that a narrow majority of the British people might choose to destroy that by voting to leave the European Union, undermining our ability to secure our foreign, economic, and international development interests. This would be harmful for Britain and for the rest of the world.
Europe has been caught off guard by recent asylum-seeker arrivals, prompting what some have called a threat to the survival of the EU. However, we have shown that Europe has admitted and integrated much larger numbers of refugees in the past. So why have countries been so overwhelmed this time around? One major hurdle has been assessing the validity of such large numbers of asylum claims.
The roundtable event, to be held in Brussels, Belgium, and organised by ECDPM with the Center for Global Development in Europe, will bring together analysts, development finance practitioners, stakeholders from a spectrum of development finance institutions, and policymakers with a durable public and private finance experience for a series of brief, focused presentations and a constructive, curated discussion.
On February 23, CGD President Nancy Birdsall will deliver the first Kapuscinski Development Lecture of 2016 in Berlin, Germany. Her lecture, “The New Middle Class in the Developing World: Does It Matter?” will take a hard look at what it means to be middle class in developing countries and explore the role of strugglers, the rapidly expanding group of people caught between extreme poverty and the middle class.