Rachel Glennerster
@rglenner
President CGD. Development economist. Passionate about impact, evidence and innovation.🔸10% pledge. Tweets= personal views.
Q: What financial return is China getting from its trillion dollar Belt-and-Road lending to developing countries? A: 1.7% p.a. That’s higher than buying treasury bonds but low relative to a lot of other benchmarks. Christoph Trebesch here at #ABCDE
Arvind Panagarian on whether India can become developed econ by 100 years from independence. Recent trends suggest possible but real challenges incl 46% workforce in agriculture and 40% workers in enterprises in firms with less than 10 workers.
Welcome to day 3 of the Annual Bank Conference on Development Economics!
Fun aside from @rglenner - anyone making the case for industrial policy should have to read the history of Gabon
"Public debate screenings [in Sierra Leone] build political knowledge that changes the way people vote, which induces a campaign expenditure response by candidates and fosters accountability pressure over the spending of elected officials." gsb-faculty.stanford.edu/katherine-case…
Why don't more debates happen? gsb.stanford.edu/faculty-resear…
The @_AfricanUnion's new Education Strategy encourages its members to invest in cost-effective ways to improve fundamental skills. It points to @GEEAP_ recommendations as an authoritative summary of recommendations. Thank you @_AfricanUnion for recognizing this work!
Certainly thought provoking argument from Mohammed El-Erian. Listen in to #ABCDE conference for next 4 days for more thought provoking discussions.
Mohammed El-Erian doubles down on his call for Jerome Powell to resign — by doing so, he says, Powell protects the Fed’s independence as attacks on him morph into attacks on the Fed. #ABCDE2025
As development experts we have pushed nonexperts away, saying it was too complicated for regular people to understand. That is not good for building support. Radically simplifying would help us communicate better and make for more effective aid.
@rglenner.bsky.social advocates for radically simplifying how we do aid (and how we communicate it). youtube.com/live/uvyFva08x… (starts at 10m30s) #ABCDE2025
Join us next week at the Annual Bank Conference on Development Economics, first half @WorldBank HQ second half @CGDev
Amid rising populism & disillusionment with the global economic order, this year’s Annual Bank Conference on Development Economics (@CGDev, @WorldBank, & @LKYSch) comes at a crucial moment. @rglenner, @IndermitGill, & @DannyQuah preview the agenda: bit.ly/3FvO7zN