Dick Sabot, an active member of CGD's founding Board of Directors, was finishing this paper when he died suddenly on July 6 of 2005. The paper highlights the risks to developing countries posed by the growing U.S. external deficit and describes three possible scenarios. In the first, the US...

Interest in estimating the impact of school quality on earnings has increased. But most studies on this topic have important limitations, particularly in studies for developing countries. They tend to ignore behavioral decisions regarding schooling and individual and family background...

Global poverty and poverty reduction are right now, more prominent public issues in high-income countries than they have ever have been, but progress toward the eradication of global poverty is at increasingly grave risk due to global macro-economic imbalances. At the heart of the problem is the...

Bisherige Studien, die den Zusammenhang zwischen Schulausbildung und späterem Einkommen untersuchten, beschränkten sich überwiegend auf die Länge des Schulbesuchs, ohne andere wichtige Einflußfaktoren - wie Qualität der Schulausbildung, das häusliche und gesellschaftliche Umfeld -...