This Atlantic Magazine article by Chrystia Freeland argues that today's super-rich are different from the past's. They are more hardworking and meritocratic, but less connected to the nations that granted them opportunity--and the countrymen they are leaving ever further behind.
The cholera epidemic that has added to the list of Haiti's post-earthquake miseries is a reminder that what Haiti needs more than anything else is good governance that would lead to better infrastructure and safe water.
This New York Times article by Robert H. Frank, an economics professor at the Johnson Graduate School of Management at Cornell University, chronicles the growth of inequality since the mid-1970's and examines the social costs corresponding to this increse in income disparity.
The $9.9 billion pledged toward Haitian reconstruction at last week's donors' conference will be ineffective without insisting that funding for housing and jobs be wedded to overall goals for Haitian political and economic stability, says CFR expert Kara McDonald.
Haiti's earthquake created a need for a tremendous short-term relief effort but also long-term reconstruction that could take decades and cost billions, says former Peace Corps director Mark L. Schneider.
Haiti's horrific earthquake is a setback for the country's slowly improving development, says Edward Luck, vice president and director of studies at the International Peace Institute. While international efforts are important, especially in providing relief, over the long-term, Haiti's development must be driven by Haitians, he says.
Speakers: R. Glenn Hubbard and Lars H. Thunell Presider: Roger Leeds
The private sector is recognized as the engine of economic growth, and growth is recognized as a key condition for poverty alleviation. But effectively promoting private investment in the developing world has proven to be a major challenge for those in the field. R. Glenn Hubbard and Lars H. Thunell discuss the relationship between foreign aid and local business in the developing world.
Learn more about CFR’s mission and its work over the past year in the 2016 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »