ukaid food wfp

On World Humanitarian Day: Could We Do Better with Cash?

World Humanitarian Day is an opportunity to celebrate the courage of humanitarian workers, but also to think about how to improve the system. I am chairing a High Level Panel looking at the role of cash transfers in humanitarian aid.

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An old wooden chest on a beach

Financing for development – where the treasure is buried

We won’t get development from global and domestic “tax and spend” alone. We should be focusing more on the huge untapped wealth locked up by policies and behaviour which distort the global economy, creating massive economic, environmental, and welfare losses for most of the world’s population. Read the full post »
The Ajaokuta steel factory in 1994

How should donors work with the private sector?

We are enthusiastic about the growing interest in supporting private investment in developing countries, but it matters a lot how this is done. The tools that donor countries usually use to “crowd in” the private sector — guarantees and cheap loans — distort firms’ incentives by reducing their risks or increasing their rewards irrespective of how well they do. Donors should not pick winners. Read the full post »
A picture of Thomas Piketty in front of a bookcase

Why are taxes on capital income lower than taxes on labour income?

If we want to raise the share of national income going to labour, we could start by not taxing labour income more heavily than capital income. Read the full post »
Owen Barder at a podium in front of a Standard Chartered sign

Development Impact Bonds: what do YOU think?

The Center for Global Development and our partner Social Finance has just published a big new report on Development Impact Bonds. The Working Group invites comments on the draft report over the next six weeks.

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Daron Acemoglu, Jim Robinson, Owen Barder

It’s the politics, stupid

One thing that the public knows, which many development experts apparently do not, is that poor countries are poor because they are badly governed and have institutions which prevent growth and permit a small elite to capture the nation's wealth. According to Why Nations Fail, by Daron Acemoğlu and Jim Robinson, the public is (as usual) basically right. Read the full post »