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Do remittances help or hurt El Salvador?

El Salvador recently became the 11th country to sign a compact with the US Millennium Challenge Corporation. Marcela Sanchez at the Washington Post considers whether the $461 million agreement will reduce Salvadoran dependency on an annual diet of $2.8 billion in remittances. From her article over the weekend:

Muhammad Yunus' Nobel Lecture

Ignacio Hernandez's picture

Muhammad Yunus gave his Nobel Lecture in Oslo yesterday.


We get what we want, or what we don't refuse. We accept the fact that we will always have poor people around us, and that poverty is part of human destiny. This is precisely why we continue to have poor people around us. If we firmly believe that poverty is unacceptable to us, and that it should not belong to a civilized society, we would have built appropriate institutions and policies to create a poverty-free world.


The silent majority in a globalized world

Are women as globalized as men? Daniel Altman provoked some gender-balanced debate by noting that 95% of the comments on his Managing Globalization blog are from men. The same is true on the PSD blog. Commenters write that women sometimes post as men in hopes of being taken more seriously. They also quibble about his implied definition of globalization. Those points aside, Dan raises an interesting question. A few of my unscientific reflections on "women's globalization" after the jump...

World Bank's Annual Review of Development Effectiveness 2006

Ignacio Hernandez's picture

The World Bank's Independent Evaluation Group (IEG) launched today its Annual Review of Development Effectiveness 2006: Getting Results.


It assembles evidence around three questions central to poverty reduction:

  • How effectively has economic growth translated into poverty reduction in Bank-assisted countries and what factors have affected these results?

Making public policy issues sexy

I spent Wednesday in a training session on communication strategies to promote government reform. In development jargon - "policy advocacy". You might think business environment issues like small business tax rates, construction permit simplification, and customs clearance procedures are so sexy that they sell themselves. As it turns out, they do not. Hence a concerted effort across the IFC to get better at explaining why this stuff matters - to politicians, the media, the business community, and the average citizen.