What happens if you combine life expectancy and GDP into a single indicator? (You spend more on health)

January 28, 2014
Just been skimming the overview of last December’s report of the Lancet Global health 2035 Commission, chaired by Larry Summers. The report advocates increasing health spending to close the health gap between countries, but the thing that jumped out at me was the practical application of ‘beyond GDP’ thinking in what the report calls the ‘full income approach’: “But while
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Why hasn’t the 2008-14 shock produced anything like the New Deal?

January 23, 2014
Ricardo Fuentes gave a staff talk this week on his big new paper (with Nick Galasso) on the links between economic and political power. What struck me was a very serious ‘dog that didn’t bark’. The 1929 collapse and the Great Depression led to profound reform in the US, with the New Deal and a sharp reversal of rising inequality.
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‘Working for the Few’: top new report on the links between politics and inequality

January 20, 2014
As the world’s self-appointed steering committee gathers in Davos, 2014 is already shaping up as a big year for inequality. The World Economic Forum’s ‘Outlook on the Global Agenda 2014’ ranks widening income disparities as the second greatest worldwide risk in the coming 12 to 18 months (Middle East and North Africa came top, since you ask). So it’s great
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Bob Diamond v Dani Rodrik on Africa’s growth prospects

December 18, 2013
Two diametrically opposed views of Africa appeared in my e-intray on the same day this week. The Financial Times reported that Bob Diamond, ex-boss of scandal-plagued Barclays Bank, had secured the preliminary support of several big institutional investors for Atlas Mara, his planned $250m cash shell, targeting the African banking sector. The FT gushed ‘Africa offers growth potential on a vast
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Poor countries are losing $1 trillion a year to illicit capital flows – 7 times the volume of aid

December 16, 2013
I was surprised not to see more coverage of last week’s hard-hitting report from the Global Financial Integrity watchdog. Illicit Financial Flows from Developing Countries: 2002-2011 has a whole bunch of killer facts about the escalating haemorrhage of wealth from poor countries. Here are some highlights. My additions in square brackets/italics: “We estimate that illicit financial outflows from the developing
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An Uncertain Glory: Dreze and Sen’s fantastic introduction to India and its Contradictions

December 5, 2013
India dominates many debates on development – home to a third of the world’s absolute (<$1.25 a day) poor, the world’s biggest democracy, an emerging power with a space programme, a buzzing beehive of political and social activism and experimentation. With their new book, An Uncertain Glory, Jean Dreze and Amartya Sen have given us a brilliant introduction to India’s
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Africa’s tax systems: progress, but what is the next generation of reforms?

November 20, 2013
Taxation is zipping up the development agenda, but the discussion is often focussed on international aspects such as tax havens or the Robin Hood Tax. Both very important, but arguably, even more important is what happens domestically – are developing country tax systems regressive or progressive? Are they raising enough cash to fund state services? Are they efficient and free of corruption? This absolutely
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Africa’s tax systems: progress, but what is the next generation of reforms?

November 20, 2013
Taxation is zipping up the development agenda, but the discussion is often focussed on international aspects such as tax havens or the Robin Hood Tax. Both very important, but arguably, even more important is what happens domestically – are developing country tax systems regressive or progressive? Are they raising enough cash to fund state services? Are they efficient and free
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Aid’s segmented future

October 25, 2013
This piece was written for a blog discussion on the future of aid, which will double up as a Global Policy ebook, organized by Andy Sumner’s new outfit, the Kings College International Development Institute, King’s College London. It’s all part of the build up to their launch conference on Emerging Economies and the Changing Global Order, 7-8 November. One of
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Some feelgood for Monday morning. 500 Ugandan women entrepreneurs lipsynching to Jessie J.

October 21, 2013
Can’t find that much info about it, but this video was made by a Dutch NGO called SYPO to publicise its microfinance crowdsourcing site, microbanker.com. There’s also a couple of youtube clips of the making of the video and the afterparty – which looks a lot of fun. The afterparty clip eased a few qualms (do all women speak enough English to fully understand
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The New Global Inequality Debate: “A Symbol of Our Struggle against Reality”?

October 17, 2013
Guest post from Paul O’Brien, Oxfam America’s Vice President for Policy and Campaigns  This blog will make more sense if you watch at least a few seconds of this Monty Python skit first.   Monty Python haunts me.  Too close to the bone if you work in a rights-based organization.   When I got into development work in the 1990’s, the UN
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Is Inequality All About the Tails? The Palma, the Gini and Post-2015

September 24, 2013
Alex Cobham and Andy Sumner bring us up to date on the techie-but-important debate over how to measure inequality It’s about six months since we triggered a good wonk-tastic discussion here on Duncan’s blog on how to measure inequality. We proposed a new indicator and called it ‘the Palma’ after Chilean economist Gabriel Palma, on whose work it was based.
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