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POLICY PAPERS
December 11, 2015
Emerging market countries that manage to diversify and upgrade their production and export base grow more rapidly and enjoy greater welfare gains than those that do not. Foreign direct investment in manufacturing is concentrated in middle- and upper-skilled activities -- not lowest-skilled ope...
WHITE HOUSE AND THE WORLD POLICY BRIEFS
July 20, 2015
In this series, we present more than
a dozen concrete and practical policy
proposals — ranging across trade, energy,
migration, investment, and climate policy,
as well as greater effectiveness of US
foreign aid programs — that will promote
growth and reduce poverty abroad.
WHITE HOUSE AND THE WORLD POLICY BRIEFS
July 20, 2015
The future of development policy is in development finance. Developing countries need aid less and less as their incomes rise and economies grow. What they need now is private investment and finance. US development policy, however, has failed to bring its development finance tools in line with th...
WHITE HOUSE AND THE WORLD POLICY BRIEFS
July 20, 2015
US development policy was built for a world that no longer exists. When the US Agency for International Development (USAID) was created in 1961, foreign aid was by far the most important flow of resources to developing countries. Today, aid is a relative sideshow. International migrants send roug...
WHITE HOUSE AND THE WORLD POLICY BRIEFS
July 20, 2015
The United States is not using trade as effectively as it might to promote development. The executive and legislative branches of the US government have long recognized that trade can be an important tool to help poorer countries generate resources, create jobs, and reduce poverty. They also recogni...
WHITE HOUSE AND THE WORLD POLICY BRIEFS
July 20, 2015
Weak institutions are both a cause and a consequence of underdevelopment. Improving governance is widely regarded as critical to accelerating economic opportunities, democracy, and security. This is especially important for fragile states and countries emerging from conflict. Despite this, the Unite...