A couple of years ago, former PSD blogger Tim Harford and co-author Michael Klein argued for more market-like mechanisms in the aid industry in The Market for Aid. A new working paper by Owen Barder (Beyond Planning: Markets & Networks for Better Aid) picks up where Tim and Michael left off. Owen argues that aid agencies are stuck between a rock (donor
Perhaps taking a page from Hans Rosling's extremely popular presentation of development data at the 2006 TED Talks, the World Bank now has its own publicly accessible tool for data visualisation. This first version of the tool contains 49 indicators for 209 countries taken from the World Development Indicators.
Geoff Dyer explores the idea of using China's massive foreign exchange reserves to form an investment vehicle for emerging markets. He has assembled a series of proposals from leading Chinese thinkers, including some from within the government.
A previous post by Pablo on the political cost of market reforms suggests that the incentive to reform depends on the impact of such reforms on the re-election chances of the incumbent government, and how much the president or party in power cares about re-election relative to other (enlightened) objectives.
Though "hackers" and "World Bank" in the same sentence might look like odd bedfellows, the term "hack" originally indicated a clever solution to a technical problem. Hackathons are becoming an increasingly popular way for organizations with a public remit to crowdsource the solution to technical problems that they might not be equipped to solve internally.
How do you get a small entrepreneur in northern Sicily to navigate through the maze of government bureaucracy, tap into the creative juices of an architect or a musician and submit a successful funding proposal for a government-funded development project?
Yesterday Dave Snowden published on his blog what is currently just an intriguing snippet - the idea of a Grameen group for learning (look forward to him expanding on the concept):
The basic idea is that you get your bursary as a progressive series of payments only if you form a learning group with other people in your community and you all take responsibility for each other group members completion of whatever education programme you take.