Development

Article

Egypt’s Financial High Noon

Author: Isobel Coleman
Foreign Policy

Isobel Coleman writes that while it is widely recognized that food and fuel subsidies in Egypt are expensive and inefficient, Egyptian leaders do not want to touch the political third rail of subsidy reform. But they also realize that the country's fiscal situation is untenable without it. Sooner or later, serious subsidy reform is inevitable, and a well-planned process is preferable to the alternative.

See more in Egypt; Economic Development

Transcript

Scarcity and Security in Africa

Speakers: Jendayi Frazer, Juergen Voegele, and Gary Weir
Presider: Harry Broadman

Jendayi Frazer, Juergen Voegele, and Gary Weir flesh out the drivers of scarcity and security challenges related to natural resources in Africa, focusing on natural resource management. This meeting is part of the Global Resources, the U.S. Economy, and National Security symposium, sponsored by the Council on Foreign Relations and Conservation International.

See more in Africa (sub-Saharan); Food Security; Environmental Policy

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Scarcity and Security in Africa

Speakers: Jendayi Frazer, Juergen Voegele, and Gary Weir
Presider: Harry Broadman

Jendayi Frazer, Juergen Voegele, and Gary Weir flesh out the drivers of scarcity and security challenges related to natural resources in Africa, focusing on natural resource management. This meeting is part of the Global Resources, the U.S. Economy, and National Security symposium, sponsored by the Council on Foreign Relations and Conservation International.

See more in Africa (sub-Saharan); Food Security; Environmental Policy

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Lloyd's: Arctic Opening: Opportunity and Risk in the High North

Authors: Charles Emmerson and Glada Lahn

The Arctic region is undergoing unprecedented and disruptive change. Its climate is changing more rapidly than anywhere else on earth. Rising temperatures are causing a retreat of sea ice and changes to seasonal length, weather patterns and ecosystems. These changes have prompted a reassessment of economic and development potential in the Arctic and are giving rise to a set of far-reaching political developments.

See more in Economic Development; Climate Change; Arctic

Article

Challenges to Women’s Security in the MENA Region

Author: Isobel Coleman
Woodrow Wilson International Center for Scholars

In response to systemic sexual assaults on women in Egypt, activists have initiated well-organized campaigns to protect women's right to participate in the political sphere and to move in public spaces without fear for their personal safety. Isobel Coleman warns that politically motivated violence against women has still not crested.

See more in Middle East and North Africa; Women

Foreign Affairs Article

Capitalism and Inequality

Author: Jerry Muller

Inequality is rising across the post-industrial capitalist world. The problem is not caused by politics and politics will never be able to eliminate it. But simply ignoring it could generate a populist backlash. Governments must accept that today as ever, inequality and insecurity are the inevitable results of market operations. Their challenge is to find ways of shielding citizens from capitalism's adverse consequences -- even as they preserve the dynamism that produces capitalism's vast economic and cultural benefits in the first place.

See more in Financial Markets; Poverty

Foreign Affairs Article

Mexico Makes It

Author: Shannon K. O'Neil

Even as Mexico continues to struggle with grave security threats, its steady rise is transforming the country's economy, society, and political system. Given the Mexico's bright future and the interests it shares with the United States in energy, manufacturing, and security, Washington needs to start seeing its southern neighbor as a partner instead of a problem.

See more in Mexico; Economic Development; Latin America and the Caribbean

Foreign Affairs Article

Own the Goals

Author: John W. McArthur

Since their inception in 2000, The Millennium Development Goals have revolutionized the global aid business, using specific targets to help mobilize and guide development efforts. They have encouraged world leaders to tackle multiple dimensions of poverty simultaneously and provided a standard for judging performance. As their 2015 expiration looms, the time has come to bank those successes and focus on what comes next.

See more in International Organizations and Alliances; Poverty; Global

Ask CFR Experts Asked by Fagner Dantas, from Universidade Federal da Bahia

Globalization refers to the increasing ease with which goods, services, capital and people can move across the world, which has been accelerated by advances in technology and government policies to reduce barriers. In terms of reducing poverty in as many countries as possible, there is no question that globalizationcontinues to be beneficial, even after the 2008 financial crisis. Poverty continues to fall worldwide at a rapid rate, and countries most integrated into the world economy have seen the biggest reductions in poverty. But it is also true that even before the crisis, the gains from globalization were not spread evenly. Though millions have been lifted out of poverty and everyone benefits from cheaper consumer goods and the opening of new export markets, there are still winners and losers.

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See more in Global; Globalization; Financial Crises

Ask CFR Experts

Is China still “rising” or has it already “risen”?

Asked by Lauren Billi, from New York University

Both are accurate. China certainly "has risen" to become a global economic power: in only three decades, it has transformed itself into the world's second largest economy, largest exporter, and largest provider of loans to the developing world. At the same time, China is rising: its economic and political system, as well as its foreign policy, is still developing. To state categorically that China "has risen" is to accept that the China of today will be substantially the same as the China of five to ten years from now, and few people in or outside China would accept such a conclusion.

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See more in China; Economic Development