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 »
A pair of headphones wrapped around the globe

Podcasts are “back” – so what are you listening to?

Podcasts are back in fashion - here is why, and a list of what I am listening to. 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 »
Picture of sign saying "Attention Ebola! Ne Touchons Jamais Ne Manipulons Jamais"

Finding a cure for Ebola

The lessons of Ebola: first, set sensible cost-effectiveness thresholds for investments in global health, and so increase our willingness to invest; second, make an Advance Market Commitment to accelerate the development of new vaccines, for Ebola and for other neglected diseases. Read the full post »
A crystal ball, with a line graph in it.

The development agency of the future

The International Development Committee of the British House of Commons has asked: Does a stand-alone Department for International Development have a long-term future? In a memorandum submitted to the Committee in evidence, Alex Evans and I argue that it should. Read the full post »