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The US National Intelligence Council’s world in 2030

Here's a snapshot of the defining features of the world in 2030, courtesy of the US National Intelligence Council's excellent Global Trends 2030 report, the latest in a series of reports - published, in each case, shortly after US Presidential elections so as to be...

Was the Washington Consensus right?

Michael Clemens and co-authors have just won this year's Royal Economic Society Prize for a paper on aid's role in pushing economic growth (ungated version here). It turns out that contrary to previous findings that aid and growth are unrelated, if you allow plenty of...