Archives: Global Assets Project Articles and Op-Eds

5 Ways Jim Yong Kim Can Save the World Bank

  • By
  • Vishnu Sridharan,
  • New America Foundation
April 18, 2012 |

Jim Yong Kim, selected  as the World Bank's new leader on Monday, has his work cut out for him. Sure, the bank has helped halve the poverty in the developing world over the past two decades -- part of the first Millennium Development Goals -- but progress in South Asia has dwarfed that in Africa, and 1 billion people will still live below the poverty line by 2015. And there's more bad news for Kim: The World Bank's narrow economic approach to poverty eradication simply will not work today, because the root causes of certain types of poverty are as structural as they are economic.

The G2P Opportunity

  • By
  • Jamie Holmes,
  • Jamie M. Zimmerman,
  • New America Foundation

Abstract: Around the world, increasingly widespread cash-based social protection schemes - programmes delivering cash payments to over 750 million people among the world's most vulnerable populations - are creating opportunities, particularly through new delivery mechanisms. Policymakers and experts working in financial inclusion, social policy, human development, and behavioural economics have expressed wide interest in leveraging this shift in delivery approaches by incorporating mechanisms that either enable or encourage savings behaviour.

Dialing Down Corruption in Afghanistan

  • By
  • Anjana Ravi,
  • Eric Tyler,
  • New America Foundation
April 16, 2012 |

Last week, Afghan president Hamid Karzai surprised U.S. and coalition officials by announcing the creation of a special tribunal and prosecutor to seek redress for the almost two year old Kabul Bank scandal. And earlier this month, the Afghan House of Representatives rejected the proposed federal budget in part because of the allocation of U.S. $80 million to Kabul Bank. Already, the Central Bank has poured $450 million into the beleaguered bank after it lost almost a billion dollars in the 2010 financial scandal.

Mobile Phones Will Not Save the Poorest of the Poor

  • By
  • Sascha Meinrath,
  • Jamie M. Zimmerman,
  • New America Foundation
February 9, 2012 |

Entrepreneurs, businesses, NGOs, and governments exalt mobile technology as a game-changing tool to fight global poverty. But what if our eagerness to connect the world is inadvertently exacerbating the global economic divide?

Are Mobile Solutions Overhyped?

  • By
  • Eric Tyler,
  • New America Foundation
  • and Kentaro Toyama, University of California, Berkeley; Maura O’Neill, USAID; and Katrin Verclas, MobileActive
February 7, 2012 |

Editor’s Note: Contributors to this post will be part of a panel on the topic taking place on Thursday, February 9th in Washington, D.C. Sign up for the event here. This post is part of the Global Innovation Showcase created by the New America Foundation and the Global Public Square.

Debate Club: Should Mitt Romney Pay More in Taxes?

  • By
  • Vishnu Sridharan,
  • New America Foundation
February 1, 2012 |

Yes. Making Mitt Romney pay more in capital gains taxes would both help slow the alarming growth of inequality in the U.S. and, if offset by a decrease in the corporate tax rate, help keep capital and investment within our borders.

Politico's The Arena: Is the State of the Union Still Useful?

  • By
  • Vishnu Sridharan,
  • New America Foundation
January 23, 2012 |

In an era of presidential tweeting and daily briefing, the unique role of the State of the Union is easy to miss. From a speech that was originally meant to "recommend to Congress¹s consideration such measures as he shall judge necessary and expedient," the event has now become an opportunity for the president to make the case on the national stage that his vision for the country has been and will continue to be the best response to the issues of our time.

Selling Organs to Pay Off Debt: Microfinance Needs Reforms

  • By
  • Vishnu Sridharan,
  • New America Foundation
January 9, 2012 |

When Muhammad Yunus won a Nobel Peace Prize in 2006 for his work on microfinance with the Grameen Bank in Bangladesh, he would have been mortified to know that a version of his model would one day force his country’s poor into the organ trade. At the time, microfinance (particularly the practice of giving small loans to the unsalaried poor with low to no collateral) was revered for its ability to “do good while doing well.” In other words, it enabled people to escape poverty while turning a profit.

I’ve Got My Eye on You

  • By
  • Jamie Holmes,
  • New America Foundation
December 14, 2011 |

Call 2011 the year of the biometric ID. Once the territory of high-security enclaves and spy novels, identification by iris scan, fingerprint, and other unique physical features has now become de rigueur around the world—especially in India, whose program to ID every citizen has been the subject of almost giddy reports about the technology's potential to democratize society. The New York Times described India's biometric database as "building real citizenship" for the first time. Wired emphasized how biometrics can finally bring the disenfranchised into the formal economy.

How Technology Helped Spur a Quiet Revolution in Emergency Aid

  • By
  • Vishnu Sridharan,
  • New America Foundation
October 24, 2011 |

Since July, at least 745 people have been killed and 8 million affected by monsoon rains and flooding across Southeast Asia. In response to the floods of the past week, a number of countries pledged assistance: U.S. Marines arrived in Bangkok last Saturday with equipment and sandbags; China has provided 64 rescue boats and water-purifying equipment; Japan has come forward with tents, blankets, mattresses and electricity generators.

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