Is the World Bank Effective?

The World Bank's Independent Evaluation Group has launched its Annual Review of Development Effectiveness.  It is an honest, and somewhat depressing, account of what the Bank has achieved.  According to the Washington Post: Among 25 poor countries probed in detail by the bank's Independent Evaluation Group, only 11 experienced reductions Read more…

I’m back

There has been a lot going on.  We've moved back from California to London, and we have moved back to G's old flat in London.  This took some time, as we waited for the tenants to move out, and then had some repairs done.  We've been combining our luggage from Read more…

Hilary Benn and Bill Easterly Debate on DFID

Very interesting debate in this month's Prospect between Hilary Benn (Britain's Cabinet Minister with responsibility for International Development) and Bill Easterly, a critic of government aid. For me, the money quote from Hilary Benn is this:  All functioning governments have essential features in common: a capacity to do things, good Read more…

Win-win from trade liberalisation

Very interesting paper by James Harrigan and Geoffrey Barrows at NBER which quantifies the benefit to the United States of ending the Multi Fiber Agreement (which had regulated the global textile trade), and which was ended as part of the Uruguay Round. The paper finds that this change in trade Read more…

Aid Effectiveness

At the Asia Regional Forum on Aid Effectiveness in Manila. Shocking fact – Afghanistan received 1,657 donor missions last year. That’s more than 4 a day, 365 days a year. How is a government supposed to govern properly if it has its face pointing towards the donors and its rear Read more…