Millennium Development Goals: Who's in charge here?
The table in today’s Vox column by Helmut Reisen illustrates the lack of accountability in development assistance — when everyone is responsible, no one is. Table 1 Unclear institutional assignment to...
View ArticleMillennium Development Goals: Who’s in charge here?
The table in today’s Vox column by Helmut Reisen illustrates the lack of accountability in development assistance — when everyone is responsible, no one is. Table 1 Unclear institutional assignment to...
View ArticleAtypical thoughts on foreign aid
Oxford’s Adrian Wood proposes capping development assistance: Some developing countries, most of them in Africa, have had high levels of aid dependence – in excess of 10 per cent of gross domestic...
View ArticleBill Easterly on Peter Singer's new book
Two weeks ago, I suggested that Peter Singer erred by suggesting that “economic development is impeded more by a lack of appropriate motivation than a lack of appropriate knowledge and incentives.” I...
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Dead Aid
Out this week is Dead Aid by Zambian economist and former World Bank consultant Dambisa Moyo. She’s hawking a tough sell – not merely arguing that aid has had negligible impact on average, Moyo is...
View ArticleFocusing the World Bank on public goods
Arvind Subramanian says we should reorient the World Bank towards public goods: It is awfully hard to find evidence that traditional World Bank–type aid works. In a series of papers, Raghuram Rajan,...
View ArticleDisaster-driven trade liberalization
EU members are thinking about helping Pakistan’s economy by liberalizing tariffs on some of its imports: The most realistic option, according to some diplomats, would be for the EU to identify a list...
View ArticleTrade vs aid: Gross value vs value added
Bono and Ali Hewson: If Africa increased its share of world trade by one percentage point, that gain would dwarf all the aid it receives. Shorter Owen Barder: We care about value added, but trade flows...
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