You might not think of health insurance as a suspenseful subject, but a recently released book on the subject proves different. As such, there is one missing entry on the back cover, describing the book "Government-Sponsored Health Insurance in India: Are You Covered?" by authors Gerard La Forgia and Somil Nagpal. Perhaps something like “The authors play with their readers’ nerves as they drill deeper and deeper into the mysterious workings of health insurance programs in India. Slowly a multi-faceted picture emerges, which the authors skillfully bring to bustling life, not least by adding fiscal and political economy spice throughout.”
Duncan: Great intro to the Milanovic paper, Ricardo, but there’s plenty more juice to be had, I think. First let’s take a closer look at the graph you put up of change in global real income 1988-2008 (below). As well as the spike of the top 1% (and do we know whether the financial crisis has moderated or amplified the spike?), the bit that jumps out at me is the stagnation of incomes above the 75th percentile. For that portion of the world’s population in the top quarter of the income bracket, but below the super-rich 1%, the last 20 years have been pretty terrible.
With a double dip recession––after just two years of sluggish recovery––now taking hold across the Western Balkans it is time for policy makers to begin looking at ways the ongoing financial crisis can be leveraged to bring about lasting fiscal reform in these countries. After just two years of sluggish recovery, these countries as a group––Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro, and Serbia––are experiencing a drop in real GDP by 0.6 percent and it is now clear that the road to recovery in 2013 will be arduous.
The appetite for change at COP18 was heard loudly and clearly in the many informal gatherings at the conference center. Coalitions, climate finance, and scientific agreement came from the dynamic debate in Doha. To follow up those conversations, deals and dreams, and actionable projects, I have initiated a study to address the longer-term global challenges that we will face together in the decade ahead. Collective Solutions 2025 will present a strategy for how multilateral development institutions can achieve sustainable development and inclusive green growth to boost prosperity and end poverty.
This is another (and probably the last) in our series of posts by PhD students on the job market – and one that is very close to home for those of us working in DC!
Around 5000 years ago, the first cities emerged in Mesopotamia and the fertile valleys of the Tigris and Euphrates Rivers. Agricultural surpluses enabled a few people to start specializing in something other than agriculture. The farmer who now had extra grain could trade for a better spear or a winter fur coat. This specialization and the ability to trade goods and services is the basis of urbanization. And, there was enough food that the starving artist didn’t starve completely, so along with trade, culture emerged.
Cities grew at a modest pace until about 1800 when the Industrial Revolution took off in the UK and cities developed at staggering rates. Manchester, for example experienced a six-fold population increase from 1771 to 1831. London went from about one-fifth of Britain’s population at the start of the 19th Century to about half the country’s population in 1851. This rate of urbanization has not let up for the last two hundred years; in fact it is still accelerating. The growth of cities seen over the last two hundred years will now be repeated, but this time in just forty years.
The other day I was invited to a wedding - not a normal Yemeni wedding - but a wedding without Qat! This was a novelty I was keen on witnessing, but was unfortunately unable to accept the invitation as I was travelling outside the country at the time. I was, and remain, intrigued. This small, baby step is a demonstration of the “New Yemen”.
On the eve of the international migrants day, many people are debating how migration might feature in the post-2015 development goals. There is no doubt that migration - international and internal - affects several of the current MDGs: poverty, education, health of children and mothers, environment, gender, and also several elements of a global public good such a role in financial and natural crisis. Migration directly impacts the migrants, their families and their employers, and also impacts development indirectly. Development in turn impacts migration. There is no doubt that migration is a very important driver of development. And yet, since it directly challenges national identity and sovereignty, it is not easy to arrive at a consensus on specific migration targets.
A normative definition that I use as a recovering angel investor myself is that an angel investor actively helps a seed stage startup succeed with both mentorship and capital in exchange for those intangible benefits of mentorship and a return on investment. In World Bank parlance, then, they automatically provide both investments and technical assistance with no agency costs; a great recipe for solving multiple problems (funding capacity, entrepreneurial capability and access to early stage finance) in a cost effective way. Knowing that 318,480 of them invested $22.5 billion on 66,230 ventures in the US and achieved 27% annual returns forms the basis of our hypothesis that angel investing could work well in the developing world.
Three of the six books to receive the 2013 English PEN Award for outstanding writing in translation are by Arab authors. This award goes to works of fiction, non-fiction and poetry supporting inter-cultural understanding and freedom of expression. These are the three: The Silence and the Roar by Syria's Nihad Sirees; Writing Revolution: The Voices from Tunis to Damascus edited by Lebanon's Leyla Al-Zubaidi, and Matthew Cassel and Nemonie Craven Roderick; and Horses of God by Morocco's Mahi Binebine.