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Blog Post
May 14, 2024
Richer aging countries need educated young workers to provide the services and entrepreneurial talent to sustain their quality of life. A growing population of young, increasingly educated people in poorer countries, and especially in Africa, need good jobs and greater opportunities. More trade in s...
Blog Post
October 30, 2023
Our new paper forecasts global structural transformation over the next thirty years. It shouldn’t come as a great surprise that it suggests the planetary shift toward services employment and out of both agriculture and manufacturing will continue. But it does suggest something many find might novel ...
Blog Post
February 27, 2023
The European Commission has quietly announced that it now has major ambitions to recruit international workers for its green transition. This is sensible, necessary, and can be positive for all involved. It will, however, face challenges. This blog reviews the EU’s goals, and suggests ways to go abo...
Blog Post
January 19, 2022
We look at the challenges that Europe faces with an aging population, and ask if the challenges that Africa faces with a burgeoning working-age population might be a mutually beneficial part of the answer. We think they might, but the scale of migration under “business as usual” is grossly...
Blog Post
June 30, 2021
If B3W is to be the better Belt and Road, it will have to embrace the role of government in infrastructure provision and ensure private sector infrastructure projects are designed and run in the public interest. Otherwise, and despite the denials-, low- and middle-income countries would be right to ...
WORKING PAPERS
June 14, 2021
There will be 95 million fewer working-age people in Europe in 2050 than in 2015, under business as usual. The paper compares business as usual estimates of inflows to 2050 with the size of the labor gap in Europe. Under plausible estimates, business as usual will fill one-third of the labor gap. Th...
Blog Post
October 19, 2020
As the possibility of a new Cold War between the US and China gains traction in some foreign policy circles, the scale of Chinese development finance has taken center stage. A closer examination suggests the cost to China of this lending is distinctly underwhelming. It would be cheap for the US and ...
CGD NOTES
July 22, 2020
Globalization is under attack.US isolationism is part of a worldwide phenomenon: anti-globalizers have risen to power in countries from Brazil and Hungary to the UK. And they led efforts to build walls real and virtual against trade and exchange. From the intellectual right, globalization is blamed ...
Blog Post
July 22, 2020
Policy forged at pace and during extreme circumstances will often leave something wanting. We want more resilient supply chains, but we shouldn’t sacrifice the benefits that existing supply chains have created, nor should we needlessly penalize developing countries in the race for resilience.