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Global poverty is decreasing, but billions of people still do not have the resources they need to survive and thrive. Economic growth can reduce poverty, but it can also drive inequality that generates social and economic problems. And efforts at domestic resource mobilization through taxation, though critical to funding the SDGs, can negatively impact the poor. In this work, CGD experts offer suggestions to improve how the world tracks and tackles poverty and the inequities the international global system creates.
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Simply allowing more labor mobility holds vastly more promise for reducing poverty than anything else on the development agenda. That said, the magnitude of the gains from large growth accelerations (and losses from large decelerations) are also many-fold larger than the potential gains from directed individual interventions and the poverty reduction gains from large, extended periods of rapid growth are larger than from targeted interventions and also hold promise (and have delivered) for reducing global poverty.
Some of the world’s poorest countries run the risk of building up a debt pile too high for their economies to support, according to the latest IMF report. The Center for Global Development will host the International Monetary Fund (IMF) to discuss the causes for the debt build up and possible ways forward at the launch of Macroeconomic Developments and Prospects in Low-Income Developing Countries (LIDCs) – 2018. This is the fourth annual report in a series by the IMF that looks at trends and socioeconomic indicators of LIDCs.
Former Liberian President Ellen Johnson Sirleaf will join the Center for Global Development's Board member Tony Fratto to discuss her experience as president and lessons learned from Liberia’s relationship with development partners.
Join the Center for Global Development for a conversation with New York Times' columnist Nicholas Kristof. Fresh from a reporting trip to the Central African Republic with the winner of CGD’s and the New York Times’ “Win a Trip” contest, Kristof will discuss new and emerging humanitarian and global development challenges, the importance of journalism, and how to create and support the next generation of development journalists and practitioners. Too often, “development” is an abstract, faceless concept. At its best, journalism can bridge this gap and reveal the many millions affected by global poverty and inequality. In his columns, Nicholas Kristof puts a human lens on the stories of those who benefit from and work in global development, and the challenges they face.
Mohamed Bouazizi is the man whose protest sparked the Arab Spring in December 2010. Bouazizi was a typical “struggler,” as in the title of my keynote speech at the Australasian Aid conference several weeks ago: “Strugglers: This Century’s New Development Challenge.” Below is a rough summary of my talk.
Moving beyond low income countries makes sense for an institution focused on ending extreme poverty. But does the IFC follow through by focusing on the countries that are home to the extreme poor? Not really.
The Center for Global Development and Oxfam are hosting a discussion on the Politics of Pro-Worker Reforms with author Alice Evans. Alice will present her paper on the drivers of pro-worker reforms in Vietnam, including how rich countries can use the tools of trade and aid to support workers’ rights, social activism, and decent pay. Specifically, she examines the relative roles of the Better Work program and US demands for labor reform during negotiation of the Trans-Pacific Partnership in encouraging Vietnamese labor market reforms. The paper can be found here, and a blog summary here.