Long Story Short: Poverty, Development & Coronavirus

Written by Ryan McGuine // Poverty and development are intimately related, and COVID-19 provides an example of that connection as it continues to spread worldwide, including to ill-prepared regions like South America and Africa. Combating poverty typically involves short-term, programmatic interventions, while promoting development usually consists of long-term, macro policies. These were long considered two … Continue reading Long Story Short: Poverty, Development & Coronavirus

Power, Representation & Development

Written by Anna Wangen // Who writes the story of what "development" is? In a sphere that includes everything from high-level international governing bodies to the smallest local NGOs, as well as academics, humanitarian organizations, aid workers and more, the sheer diversity of actors and institutions renders conflicting ideologies, goals, and interests in "doing development" … Continue reading Power, Representation & Development

Mr Kim Leaves Washington

Written by Ryan McGuine // In January, World Bank Group President Jim Yong Kim announced his plans to resign after six years in the role, and begin work at Global Infrastructure Partners, an independent infrastructure fund manager. This decision surprised many, since he was only recently re-elected for a second five year term in 2017. … Continue reading Mr Kim Leaves Washington

Closing the Infrastructure Gap

Written by Ryan McGuine // In 2017 the McKinsey Global Institute estimated that the world would need to spend $67 trillion by 2035, or $3.7 trillion annually — roughly $1.3 trillion more than was spent in 2013 — on infrastructure in order to merely keep up with projected economic growth. This difference between current spending … Continue reading Closing the Infrastructure Gap

Defining Development

Written by Ryan McGuine // The term "development" broadly refers to the level of well-being that people enjoy, but quantifying well-being is not an easy thing to do. The traditional way to measure and compare levels of well-being across countries is personal income, measured as gross national income (GNI) per capita, but many attempts have … Continue reading Defining Development