Using aid to subsidise private investment

Justin Muzinich and Eric Werker propose "a better approach to foreign aid" in the form of tax credits for companies that invest in developing countries: tax credits for U.S. companies promise more aid, less waste, and the hope of better institution-building than government-to-government assistance. The next question is how a system of tax credits should [...]

What determines successful reform in developing countries?

Daron Acemoglu, Simon Johnson, Pablo Querubín and James A Robinson nail it:One can find instances where the root of these distortionary policies is in mistaken economic theories. But this is the exception rather than the rule. Few policymakers create insurmountable entry barriers, hyperinflations or large budget deficits because they think this is good for the [...]

Guidance for civil service bloggers

The Cabinet Office has now published guidance for civil servants for blogging and participation in online sites. How the Civil Service Code applies to online participation The Civil Service Code applies to your participation online as a civil servant or when discussing government business. You should participate in the same way as you would with [...]

We may be illiterate, but we are not stupid

Clare Lockhart in Prospect Magazine June 2008 issue 147 (pay firewall): We would like to tell you the story of $150m going up in smoke," said the young villager. "We heard on the radio that there was going to be a reconstruction programme in our region to help us rebuild our houses after coming back [...]