Economic 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, Energy/Environment

Article

Gujarat Promises Continued, Accelerated and All-Around Progress

Author: Jagdish N. Bhagwati
The Economic Times

Jagdish Bhagwati argues that growth can reduce poverty and that slow economic growth will hurt social development, which he also argues in his new book with Arvind Panagariya, "India's Tryst with Destiny: Debunking Myths that Undermine Progress and Addressing New Challenges."

See more in India, Business and Foreign Policy, Economic Development, Emerging Markets, Infrastructure, Global Health

Article

Beating the Resource Curse in Africa: A Global Effort

Authors: Terra Lawson-Remer and Joshua Greenstein
Africa in Fact

Terra Lawson-Remer and Joshua Greenstein say, "Many resource-rich African countries make poor use of their wealth... Instead of creating prosperity, resources have too often fostered corruption, undermined inclusive economic growth, incited armed conflict and damaged the environment."

See more in Africa, Corruption and Bribery, Economic Development, Emerging Markets

Article

Informing the Financing of Universal Energy Access: An Assessment of Current Financial Flows

Authors: Morgan Bazilian, Patrick Nussbaumer, Giorgio Gualberti, Erik Haites, Michael A. Levi, Judy Siegel, Daniel M. Kammen, and Joergen Fenhann
The Electricity Journal

Morgan Bazilian, Patrick Nussbaumer, Giorgio Gualberti, Erik Haites, Michael A. Levi, Judy Siegel, Daniel M. Kammen, and Joergen Fenhann provide an analysis of energy poverty and the "funding gap" that impedes universal household access to electricity.

See more in Economic Development, Energy, Poverty

Article

China's Great Rebalancing Act

Authors: Nicholas Consonery, Evan A. Feigenbaum, Damien Ma, Michal Meidan, and Henry Hoyle
Eurasia Group

Nicholas Consonery, Evan A. Feigenbaum, Damien Ma, Michael Meidan, and Henry Hoyle argue that China's capital-intensive, export-oriented growth model is delivering diminishing returns and threatens to become a major political vulnerability for the government, and China's leaders must overcome political restraints to implement a comprehensive and ambitious rebalancing agenda.

See more in China, Economic Development, Trade