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Blog Post
September 11, 2014
The head of USAID claims that “political momentum” is building to make extreme poverty “central” to the development agenda. The question is: How does one build political momentum for a global development agenda that excludes 5 billion people and the middle class of (nea...
Blog Post
September 04, 2014
“Dollar a day” poverty morphed from a technical curiosity that interests at most a few dozen technocrats to the first of the Millennium Development Goals. It is now one of only two corporate goals of the World Bank (in spite of its obvious inconsistency with the World Bank’s own Ar...
Blog Post
August 27, 2014
Angus Deaton said he didn’t mind poverty analysis as long as the poverty line is infinity. Stevenson and Wolfers (2013) assemble the array of survey based measures of subjective well- being (SWB), such as “life satisfaction” or “happiness” and search for income sa...
CGD in the News
June 09, 2014
During the past two decades, something unexpected happened in the field of development economics. Researchers got out from behind their desks to figure out why, after billions of dollars had been spent on foreign aid, so many poor people were no less poor. They began talking with those they were try...
Blog Post
April 14, 2014
The World Bank loves to talk about the importance of “good governance” and “strong institutions” and “rule of law” as keys to development success. Presumably that means that organizations are managed in accordance to their own legal procedures. The Int...