HispanicPundit + easterly   41

Happy Midwest; New York Stressed
The overall US picture on happiness shows a surprisingly happy northern Midwest/Plains; New York City area not so much
happiness  usa  states  maps  easterly  sidebar 
may 2011 by HispanicPundit
It really was better to be British than French
This new study on Cameroon is among many that find British colonial institutions (as compared to those of their French, German, Belgian, Portuguese or Spanish colonial competitors) lead to better development outcomes today. Lee and Schultz note that the Anglo edge comes from a combination of characteristics generally common to British colonial regimes: “lack of forced labor, more autonomous local institutions…common law, English culture, Protestantism” but stop short of telling us which of these were most responsible for the differences observed in Cameroon.
colonization  britain  germany  spain  easterly  france  sidebar  africa 
may 2011 by HispanicPundit
Why no looting in Japan?
Responding to tragedy, the Japanese have resources because they are rich, and it was their social solidarity that helped get them there.
economic-growth  trust  poverty  japan  tsunami  easterly  sidebar 
march 2011 by HispanicPundit
Tax Rates and Development
However, a new paper by Simeon Djankov, Andrei Shleifer, and co-authors in a top economics journal (ungated here) utilizes a new standardized database on corporate tax rates by PricewaterhouseCoopers. They find that high corporate tax rates lower investment, FDI, and entrepreneurship (entry of new businesses) across countries.
taxes  corporate  AbsolutePoverty  easterly  sidebar 
march 2011 by HispanicPundit
The World According to USAID
Most strikingly, the Middle East dominates the map throughout almost the entire period, with Egypt appearing as the largest country for many consecutive years. Jordan and dark blue Israel are also very visible (although I’m not sure why aid to Israel is included since it’s not traditionally considered development assistance in the data sets that AidData pulls from). In 2003, Iraq explodes onto the map right in the center, and the map begins to take on the contours of the world around us today, with economically devastated Iraq and Afghanistan/Pakistan as the twin hotspots that absorb so much US attention and resources.
foreignaid  easterly  sidebar 
march 2011 by HispanicPundit
Cool maps: Measuring growth from outer space
For many of the world’s poorest countries, figures measuring economic growth are unreliable, and in some cases they don’t exist at all. In an NBER working paper, Brown University professors J. Vernon Henderson, Adam Storeygard, and David N. Weil came up with an interesting proxy for GDP growth: the amount of light that can be seen from outer space.
economic-growth  poverty  easterly  sidebar 
january 2011 by HispanicPundit
Succeed in Kindergarten, and You’re Set for Life
The paper has gotten a lot of media attention for something a little different: as showing that ”A Good Kindergarten Teacher is worth $320,000.”

Actually, Professor Chetty was very careful in the seminar to say that there was no decisive evidence that it was the teacher who was the cause of the “Good” classes (and he never actually presented the $320,000 figure that the media has publicized).
teachers  preschool  parenting  easterly  sidebar 
december 2010 by HispanicPundit
Rodrik on The Myth of Authoritarian Growth
You need political freedom to have real economic-growth, argues Rodrik.
democracy  economic-growth  poverty  china  rodrik  easterly  sidebar 
december 2010 by HispanicPundit
18th century wetbacks
How they viewed the Germans like they view Mexicans now.
immigration  mexico  germany  easterly  sidebar 
december 2010 by HispanicPundit
WHO: 20 to 40 percent of money spent on health wasted, more funds needed to be wasted
"Health care systems worldwide are wasting up to 40 percent of their funds, but more money is needed to boost their capabilities, according to a new report from the World Health Organization."
healthcare  WHO  sicko  easterly  sidebar 
november 2010 by HispanicPundit
Help the World’s Poor: Buy Some New Clothes
"When workers voluntarily take a job they demonstrate that they believe the job is the best alternative available to them – even when that job is unsafe and the pay is very low compared to wages in the United States. That’s why economists with political views as divergent as Paul Krugman and Walter Williams have both written in defense of sweatshops.

Sweatshop jobs are often far better than the vast majority of jobs in the countries where they are located. David Skarbek and I researched sweatshops that were documented in U.S. news sources (or see here for my shorter, more general defense of sweatshops). We found that sweatshop worker earnings equaled or exceeded the average national income in 9 out of 11 countries we studied. Working in a sweatshop paid more than double the national average in four of the countries."
sweatshops  easterly  sidebar 
august 2010 by HispanicPundit
How ethnic profiling explains Dani Rodrik’s fondness for industrial policy
"Unfortunately, Dani is also REVERSING CONDITIONAL PROBABILITIES. Dani’s evidence is based on what he believes is the high probability that IF you have had steady growth for six decades, THEN you had industrial policy. This is interesting, but this is not the right probability in deciding whether to choose industrial policy, which is “IF you have industrial policy, THEN what is your chance of steady growth for six decades?”"
free-trade  heterdox  rodrik  easterly  sidebar 
august 2010 by HispanicPundit
Wishful thinking on Pakistan
"First, has anyone quoted in the article examined the evidence for or against the hypothesis that giving disaster relief will improve the US’s image in Pakistan? As we blogged recently, there is startlingly little evidence at all on whether aid can “win hearts and minds,” but one of the few studies that exists looked specifically at the 2005 Kashmir earthquake. It found that even though US relief efforts were effective from a humanitarian perspective, they had no lasting impact on Pakistani perceptions."
foreignaid  charity  foreignpolicy  easterly  Pakistan  sidebar 
august 2010 by HispanicPundit
Was the poverty of Africa determined in 1000 BC?
1500 AD technology is a particularly powerful predictor of per capita income today. 78 percent of the difference in income today between sub-Saharan Africa and Western Europe is explained by technology differences that already existed in 1500 AD – even BEFORE the slave trade and colonialism. Moreover, these technological differences had already appeared by 1000 BC. The state of technology in 1000 BC has a strong correlation with technology 2500 years later, in 1500 AD."
africa  poverty  slavery  history  easterly  sidebar 
july 2010 by HispanicPundit
Do only democracies have anti-immigrant movements?
"This great picture on changing share of foreign-born residents in the NYT today (showing countries with largest increase)"
immigration  statistics  democracy  easterly  sidebar 
june 2010 by HispanicPundit
Trends in African governance
"The FT’s Emerging Africa section this week has an interactive graphic showing trends in governance for 53 African countries, as ranked by the Mo Ibrahim index. The index measures the quality of governance across four areas: safety and rule of law, participation and human rights, sustainable economic growth, and human development."
africa  poverty  government  easterly  sidebar 
june 2010 by HispanicPundit
So You Want to Do Good, Arnold Kling | EconLog | Library of Economics and Liberty
What to do if you are eager to help poor people, but very concerned that what you do has a real, positive impact. Altruistic, but careful and prudent about your altruism.
poverty  chicanoism  foreignaid  books  easterly  kling  sidebar 
november 2009 by HispanicPundit
Marginal Revolution: Sobering Reality
Nothing much has changed on foreign aid to Africa between 1938 and 2005.
africa  foreignaid  easterly  tabarrok  sidebar 
september 2009 by HispanicPundit
How the British Invented “Development” to Keep the Empire and Substitute for Racism (Aid Watch)
"During the early years of World War II, Japan won major victories (such as the capture of Singapore) against the British and threatened India. Japanese propaganda pointed to British racism and offered themselves as the defenders of non-white peoples. The British feared that non-white people in the colonies might side with the Japanese rather than their colonial masters. The British had to come up with a new justification for colonial rule to replace the unpopular and increasingly implausible idea that they were a superior race destined to rule inferior races. In response, they invented the concept of economic development".
foreignaid  imperialism  Britain  easterly  sidebar 
september 2009 by HispanicPundit
The Imperial Origins of State-Led Development (Aid Watch)
"imperialism is not so clearly linked to capitalism and free markets after all; historically there has been a closer link between colonialism/imperialism and state-led approaches to development. People who like Imperialism are fond of a big military state presence, so it’s not so surprising that they are also fond of a big economic state presence."
capitalism  imperialism  chicanoism  easterly  sidebar 
september 2009 by HispanicPundit
Africa desperately needs trade links: a pictorial essay (Aid Watch)
"Then it’s all the more distressing that Africa does not have much in the way of trade links – shipping routes, air connections, Internet connections (for both communication and moving goods) – with the global economy. This is best seen in a series of pictures".
free-trade  poverty  africa  easterly  sidebar 
september 2009 by HispanicPundit
CHINDIAFRICA (Aid Watch)
"So perhaps the main takeaway, at a time of general gloom, and after the readers of this blog demanded more positive takeaways, is just that China, India, and (more modestly, new millennium, pre-crisis) Africa have been growth success stories. China and India have achieved an unprecedented mass escape from poverty, and Africa has grown faster than ever before in its history. And storytelling (even though hard evidence may never be available) seems to confirm that these three successes had something to do with a movement towards good economics."
china  india  africa  poverty  capitalism  blattman  easterly  sidebar 
august 2009 by HispanicPundit
Joe Stiglitz preaches markets to poor countries! (Aid Watch)
Stiglitz and Easterly are worried what the fall out of the financial crisis might be to underdeveloped countries - specifically their possible fall from market economics to central planning, a disaster for the worlds poor.
capitalism  poverty  FinancialCrisis  stiglitz  easterly  sidebar 
july 2009 by HispanicPundit
Stop me before I Sachs again (Aid Watch)
"I’m so sorry readers, I know this is getting really, really OLD. But Sachs unveils such a bizarre geographic theory of Africa’s poverty, with such misguided implications for aid policy, that I am forced to respond."
sachs  foreignaid  africa  poverty  easterly  sidebar 
may 2009 by HispanicPundit
How to help the poor have more money? Well, you could give it to them (Aid Watch)
"When USAID provides blankets, seeds and fertilizer to flood victims, they are doing their best to decide for the victims what their most urgent needs are. With the cash transfers, the people can decide for themselves how to meet their most urgent needs. This gives people who have lost their livelihoods, belongings or loved ones a new feeling of control over their lives, builds money-management skills, and restores to them their power to make economic decisions. If you were in their shoes, which would you prefer? "
poverty  foreignaid  easterly  sidebar 
may 2009 by HispanicPundit
Dani Rodrik’s moody industrial policies – the final questions (Aid Watch)
"If we just say “it works” with good outcomes and “it doesn’t work” with bad outcomes, then there is no way of contradicting this with evidence. ANY policy could pass this test. This kind of “theory” fits past data but cannot predict future outcomes – how do we know what side of the bed industrial policy will wake up on tomorrow? "
rodrik  heterdox  easterly  sidebar 
may 2009 by HispanicPundit
Amartya Sen on Moralism, Maoism, and Capitalism (Aid Watch)
What Amartya Sen forgot to include in his Beyond Capitalism article.
capitalism  FinancialCrisis  sen  easterly  sidebar 
may 2009 by HispanicPundit
How ethnic profiling explains Dani Rodrik’s fondness for industrial policy (Aid Watch)
"Dani’s evidence is based on what he believes is the high probability that IF you have had steady growth for six decades, THEN you had industrial policy. This is interesting, but this is not the right probability in deciding whether to choose industrial policy, which is “IF you have industrial policy, THEN what is your chance of steady growth for six decades?”"
rodrik  heterdox  free-trade  easterly  sidebar 
may 2009 by HispanicPundit
Development Doesn't Require Big Government - WSJ.com
The wrong lessons developing countries learned from the great depression and the wrong lessons they are learning from the financial crash.
FinancialBailout  subprime  poverty  foreignaid  capitalism  government  laissez-faire  regulations  easterly  wsj  sidebar 
october 2008 by HispanicPundit

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