Economics’ Biggest Success Story Is a Cautionary Tale
Field experiments now dominate development economics—often at the expense of the world’s poor.
Western Accolades Are Egging Autocrats On
The Gates Foundation is giving an award to Narendra Modi. That's a big mistake.
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.
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.
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.
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.
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.
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.
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.
Let Them Eat Statues
Narendra Modi is building multimillion-dollar monuments while India's poorest citizens die of hunger and preventable diseases.
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.
The Tourism Curse
Like a wealth of oil, lots of visitors can become a development trap. Here’s how to avoid it.
Trump Reaches for Checkbook Diplomacy to Counter China
Washington ramps up development finance to offer countries an alternative to Beijing’s deep pockets.
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.
The Real Payoff From Artificial Intelligence Is Still a Decade Off
The robot revolution hasn't started yet.