Showing posts with label Homi Kharas. Show all posts
Showing posts with label Homi Kharas. Show all posts

Tuesday, 18 October 2016

Are we closer to ending rural hunger? (Homi Kharas, John McArthur, Brookings)

Sunday, October 16th was World Food Day, a day to reflect on the fact that almost 800 million people remain chronically hungry in a world where food production is at all-time highs. In honor of the occasion, we have just published an update on progress in ending the rural component of global hunger. We wanted to see if there is evidence yet for a potential break from business-as-usual global trends. Unfortunately, we were not able to find it. If anything the pace of progress might be slowing rather than accelerating.

Thursday, 6 October 2016

Can globalization be rescued from itself? (Homi Kharas, John McArthur, Brookings)

Globalization—the integration among national economies of markets for goods, services, technology, capital flows, and, to some degree, labor—has played an enormous role in advancing global prosperity. Yet a backlash has emerged, manifested in the recent U.K. Brexit vote, strident “local first” demands, and calls to block trade agreements. The issues are not entirely new. In 1997 Dani Rodrik’s book famously asked Has Globalization Gone Too Far? Joseph Stiglitz published Globalization and Its Discontents in 2002. In between, the 1999 “Battle in Seattle” protests forced the World Trade Organization’s ministerial to shut down.

A new global agenda: Implications for the role of the World Bank (Amar Bhattacharya, Homi Kharas, Brookings)

The new global agenda hammered out in 2015 is more comprehensive in scope, more universal in its relevance to countries across the income spectrum, and more ambitious in its targets than the MDG agenda of 2000-2015. The three central goals now are to reignite growth, deliver on the sustainable development goals (SDGs), and ramp up actions in line with the ambitions of the Paris climate agreement.

Saturday, 16 April 2016

Don’t TOSSD the baby out with the bathwater: The need for a new way to measure development cooperation, not just another (bad) acronym (Homi Kharas, Andrew Rogerson, Brookings)

Reuters/Alain Jocard - (From L) French President Francois Hollande, Secretary General of the Organisation for Economic Co-operation and Development (OECD), Jose Angel Gurria and Dutch Prime Minister Mark Rutte attend the OECD Ministerial Council meeting at the OECD headquarters in Paris, France on June 3, 2015.

Once upon a time, long ago, the development industry was fixated on measuring aid from richer to poorer countries. They called it ODA, standing for Official Development Assistance. For decades this aid has been codified, reported, and tracked, mostly by theDevelopment Assistance Committee of the Organisation for Economic Co-operation and Development (DAC/OECD), a club of advanced economies. In advance of the Spring Meetings of the IMF and World Bank, the DAC announced that ODA has risen by 6.9% over 2014 levels to 132 billion dollars, a record amount. Importantly, ODA increased even after stripping out funds spent on refugees.

http://www.brookings.edu/blogs/future-development/posts/2016/04/15-total-development-assistance-kharas-rogerson

Friday, 11 March 2016

Changing views of how to change the world (Homi Kharas, Brookings)

World leaders concluded three large agreements last year. Each represents a vision of how to change the world. The Addis Ababa Action Agenda on financing for development agreed to move from “billions to trillions” of cross-border flows to developing countries.The agreement on universal sustainable development goals (SDGs) sets out priorities (albeit a long list) for what needs to change. The Paris Agreement on climate change endorses a shift to low-carbon (and ultimately zero carbon) economic growth trajectories.

http://www.brookings.edu/blogs/future-development/posts/2016/03/10-how-to-change-the-world-kharas