Development

Esther Duflo and Abhijit Banerjee, who share a 2019 Nobel Memorial Prize in Economic Sciences with Michael Kremer, answer questions during a press conference at the Massachusetts Institute of Technology in Cambridge on Oct. 14.

Economics’ Biggest Success Story Is a Cautionary Tale

Field experiments now dominate development economics—often at the expense of the world’s poor.

Indian Prime Minister, Narendra Modi gives a speech at the Kevadia Colony of Narmada District in India on Sept. 17.

Western Accolades Are Egging Autocrats On

The Gates Foundation is giving an award to Narendra Modi. That's a big mistake.

Sudanese dockworkers unload a U.S. aid shipment organized by the U.S. Agency for International Development and the World Food Programme at Port Sudan, Sudan on the Red Sea coast, on May 5, 2016.

How to Save Foreign Aid in the Age of Populism

The idea of development assistance is under attack in western democracies. Pursuing economic justice at home and abroad, launching a new freedom agenda, and framing aid as innovation rather than charity can help end the backlash.

Document of the Week: Is the U.N. Revisiting the Ban on Big Tobacco?

Outgoing U.N. official pleads a case for the tobacco industry, saying health expertise and cigarette jobs can contribute to global prosperity and improved understanding of health risks.

Egyptian President Abdel Fattah al-Sisi meets with Managing Director of the International Monetary Fund Christine Lagarde in Hangzhou, China, on Sept. 3, 2016.

Egypt’s Economy Isn’t Booming. It’s Collapsing.

Abdel Fattah al-Sisi has sold his country as an investment destination with the IMF’s help—but the living standards of ordinary Egyptians are plummeting as elites line their pockets.

A settlement is seen against the skyline of Manila’s financial district in the Philippines on Aug. 17, 2017.

For the Poor, Falling Poverty Numbers Aren’t Always Good News

Chronic poverty may be on the decline, but too many families still face cyclical poverty.

China’s Global Investments Are Declining Everywhere Except for One Region

Three charts highlight Beijing’s growing interest in the Middle East and North Africa.

A man takes photo of a sign promoting the Belt and Road Forum in Beijing on April 22.

China’s Debt Diplomacy

How Belt and Road threatens countries’ ability to achieve self-reliance.

Chinese workers construct a shopping mall at a retail and office complex, part of 
a Chinese-backed building boom in Colombo, Sri Lanka, in November 2018. (Paula Bronstein/Getty Images)

Catching China by the Belt (and Road)

How Washington can beat Beijing’s global influence campaign.

A Nigerian man walks on plastic waste in the Mosafejo area of Lagos on Feb. 12. (Yasuyoshi Chiba/AFP/Getty Images)

Growth Alone Won’t Help the Poor

Nigeria shows that economic growth combined with rising inequality won’t lift people out of poverty. The country’s next government should heed the lesson.

The Trump administration nominated David Malpass as the new head of the World Bank after President Jim Yong Kim abruptly stepped down. (Eric Baradat/AFP/Getty Images)

Will David Malpass Run the World Bank or Ruin It?

Trump taps a critic of the world’s biggest development bank to be its next president.

People walk past the World Bank Group's headquarters in Washington, D.C., on May 3, 2013. (Brendan Smialowski/AFP/Getty Images)

The World Bank Needs to Join the 21st Century

The next president of the world’s largest development organization needs to chart a new direction for a new era.

Iraqi men flash the victory gesture from inside a car during the Hashed Shaabi (Popular Mobilisation) paramilitary forces' celebrations marking the first anniversary of victory over the Islamic State (IS) group on December 10, 2018. (Mohammed Sawaf/AFP/Getty Images)

Start Small to Stop the Next ISIS

One year on from the defeat of the Islamic State, the new U.S. Congress should draw on lessons learned from efforts to counter violent extremism.

The Statue Of Unity, the world's tallest statue dedicated to Indian independence leader Sardar Vallabhbhai Patel, stands overlooking the Sardar Sarovar Dam in India's Gujarat state on Oct. 30. (Sam Panthaky/AFP/Getty Images)

Let Them Eat Statues

Narendra Modi is building multimillion-dollar monuments while India's poorest citizens die of hunger and preventable diseases.

Santos Rodriguez, a 70-year-old Honduran, walks through a cornfield affected by the drought in San Buenaventura on Aug. 15. (Orlando Sierra/AFP/Getty Images)

The Hungry Caravan

Violence isn’t the only reason migrants are fleeing Central America. A four-year drought has destroyed harvests and lives—and has pushed the hungry northward.

(Joan Wong for Foreign Policy)

The Tourism Curse

Like a wealth of oil, lots of visitors can become a development trap. Here’s how to avoid it.

Chinese President Xi Jinping speaks in Beijing on May 14, 2017. (Damir Sagolj/AFP/Getty Images)

Trump Reaches for Checkbook Diplomacy to Counter China

Washington ramps up development finance to offer countries an alternative to Beijing’s deep pockets.

Seneglese and Chinese workers at the construction site for a new national theater in Dakar on Feb. 14, 2009. (Seyllou/AFP/Getty Images)

Chinese Aid and Investment Are Good for Africa

Increased interest in the continent’s real estate and resources will enhance the bargaining power of governments there—but they need to bargain for the right things.

A coin for the upcoming US-North Korea summit is seen in Washington, DC, on May 21, 2018. (STR/AFP/Getty Images)

How North Korea Can Strike It Rich

Pyongyang's path to prosperity starts in Singapore.

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