Government data and the invisible hand

A paper by Princeton academics says that: It would be preferable for government to understand providing reusable data, rather than providing websites, as the core of its online publishing responsibility. Rather than struggling, as it currently does, to design sites that meet each end-user need, we argue that the executive branch should focus on creating [...]

Brown to press G8 for more progress on Africa

According to Andy Grice in The Independent Gordon Brown plans to continue to press G8 leaders to live up to their commitments on Africa: Mr Brown's four-point plan for the annual G8 gathering includes a $60bn boost for health care in developing nations, to recruit more health workers; extra money to meet shortfalls in a [...]

Chronic poverty

The new Chronic Poverty Research Centre website was launched today; and the second Chronic Poverty Report will be launched next week: Four years ago, the Chronic Poverty Research Centre published the Chronic Poverty Report 2004-05. This was the first major international development report to focus on the estimated 320 to 445 million people who live [...]

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 [...]