Seeing The Elephant Part 14

6 Jose Antonio Ocampo and Juan Martin, Jose Antonio Ocampo and Juan Martin, Globalization and Development: A Latin American and Caribbean Perspective Globalization and Development: A Latin American and Caribbean Perspective (Stanford University Press,World Bank, and ECLAC, 2003), 192. (Stanford University Press,World Bank, and ECLAC, 2003), 192.

7 Joseph Stiglitz et al., eds. Joseph Stiglitz et al., eds. Stability with Growth: Macroeconomics, Liberalization and Development Stability with Growth: Macroeconomics, Liberalization and Development (New York: Oxford University Press, 2006), 241. (New York: Oxford University Press, 2006), 241.

8 Economist Intelligence Unit Country Data for 1980 to present. Taken from World Bank figures. Economist Intelligence Unit Country Data for 1980 to present. Taken from World Bank figures.

9 Amarnath Singh, "The Year of Africa's Economic Turnaround?" Amarnath Singh, "The Year of Africa's Economic Turnaround?" eAfrica eAfrica, March 8, 2005, http://yaleglobal.yale.edu/display.article?id=5388. Keep in mind that the high incidence of AIDS in sub-Saharan Africa has burdened these economies in many ways, and has hurt biosocial statistics such as life expectancy.

10 "Questions and Answers with David Dollar." "Questions and Answers with David Dollar."

11 Ibid. Ibid.

12 Erich Weede, Erich Weede, Balance of Power, Globalization, and the Capitalist Peace Balance of Power, Globalization, and the Capitalist Peace (Berlin: Liberal Verlag GmbH, 2005), 47, (Berlin: Liberal Verlag GmbH, 2005), 47, www.fnst-freiheit.org/uploads/1044/Druckfahne.pdf.

13 One of the most noticeable inequities-wage differences between countries-is a product of the One of the most noticeable inequities-wage differences between countries-is a product of the lack lack of liberalization within labor markets. By limiting the movement of people, labor markets become unbalanced; some countries have shortages, pushing up labor prices, while other countries have abundances of workers, pushing down wages. If immigration were an easier process, people could move to where they were needed most, equalizing wages. of liberalization within labor markets. By limiting the movement of people, labor markets become unbalanced; some countries have shortages, pushing up labor prices, while other countries have abundances of workers, pushing down wages. If immigration were an easier process, people could move to where they were needed most, equalizing wages.

14 James Surowiecki, "India's Skills Famine," James Surowiecki, "India's Skills Famine," New Yorker New Yorker, April 18, 2007, http://yaleglobal.yale.edu/display.article?id=9074.

15 "India," "India," CIA World Factbook CIA World Factbook, 2008 ed., https://www.cia.gov/library/publications/the-world-factbook/geos/in.html#People.

16 "The World Food Crisis," "The World Food Crisis," New York Times New York Times, April 10, 2008, available at http://www.nytimes.com/2008/04/10/opinion/10thu1.html.

17 Maros Ivanic and Will Martin, "Implications of Higher Global Food Prices for Poverty in Low-Income Countries," World Bank Development Research Group: Trade Team, April 2008, Maros Ivanic and Will Martin, "Implications of Higher Global Food Prices for Poverty in Low-Income Countries," World Bank Development Research Group: Trade Team, April 2008, http://econ.worldbank.org/external/default/main?pagePK=64165259&piPK=64165421&theSitePK=469372&menuPK=64166093&ent.i.tyID=000158349_20080416103709.

18 Weede, Weede, Balance of Power Balance of Power, 72.

19 Celia W. Dugger, "Push for New Tactics as War on Malaria Falters," Celia W. Dugger, "Push for New Tactics as War on Malaria Falters," New York Times New York Times, June 30, 2006, http://yaleglobal.yale.edu/display.article?id=7709.

20 http://www.globalissues.org/TradeRelated/Facts.asp#src9.

21 Michael Weinstein, "Economic Paradox of Ghana's Poverty," Michael Weinstein, "Economic Paradox of Ghana's Poverty," Financial Times Financial Times, November 9, 2003, http://yaleglobal.yale.edu/display.article?id=2918.

22 Maggie Fox, "Tobacco Increases Cancer in Developing World," Reuters Africa, December 20, 2007, Maggie Fox, "Tobacco Increases Cancer in Developing World," Reuters Africa, December 20, 2007, http://africa.reuters.com/wire/news/usnN20213145.html.

23 Anup Shah, "Linking the Environment and Poverty," Anup Shah, "Linking the Environment and Poverty," Global Issues Global Issues, February 12, 2005, http://www.globalissues.org/TradeRelated/Development/PovertyEnv.asp.

24 Ibid. Ibid.

25 World Bank, "U.N. Climate Change Conference, Bali, Indonesia, 3-14 December, 2007," World Bank, "U.N. Climate Change Conference, Bali, Indonesia, 3-14 December, 2007," World Bank Group Media Guide World Bank Group Media Guide, December 3, 2007. http://siteresources.worldbank.org/EXTSDNETWORK/Resources/2007Bali_Media_Guide_final.pdf?resourceurlname=2007Bali_Media_Guide_final.pdf.

26 Don Melnick and Mary Pearl, "Not Out of the Woods Just Yet," Don Melnick and Mary Pearl, "Not Out of the Woods Just Yet," New York Times New York Times, April 20, 2006, http://www.nytimes.com/2006/04/20/opinion/20melnick.html.

27 Nigel Purvis,"Greening U.S. Foreign Aid through the Millennium Challenge Account," Brookings Inst.i.tution, June 5, 2003, Nigel Purvis,"Greening U.S. Foreign Aid through the Millennium Challenge Account," Brookings Inst.i.tution, June 5, 2003, http://yaleglobal.yale.edu/display.article?id=1781.

28 "Poverty Breeds Insecurity," "Poverty Breeds Insecurity," Millennium Project Millennium Project, January 19, 2005, http://yaleglobal.yale.edu/display.article?id=5150.

29 James Kirchik, "South Africa's Immigrant Shame," James Kirchik, "South Africa's Immigrant Shame," Wall Street Journal Wall Street Journal, May 28, 2008, http://online.wsj.com/article/SB121193274723s724561.html.

30 Purvis, "Greening U.S. Foreign Aid." Purvis, "Greening U.S. Foreign Aid."

31 C. Peter Timmer, "The Threat of Global Food Shortages-Part I," C. Peter Timmer, "The Threat of Global Food Shortages-Part I," YaleGlobal YaleGlobal, May 5, 2008, http://yaleglobal.yale.edu/display.article?id=10749.

32 Paul Krugman, "Grains Gone Wild," Paul Krugman, "Grains Gone Wild," New York Times New York Times, April 7, 2008, http://www.nytimes.com/2008/04/07/opinion/07krugman.html.

33 "The World Food Crisis," "The World Food Crisis," New York Times New York Times, April 10, 2008, http://www.nytimes.com/2008/04/10/opinion/10thu1.html.

34 Susan E. Rice, Corinne Graff, and Janet Lewis, "Poverty and Civil War: What Policymakers Need to Know," Susan E. Rice, Corinne Graff, and Janet Lewis, "Poverty and Civil War: What Policymakers Need to Know," Brookings Inst.i.tution, Global Economy and Development Working Paper Brookings Inst.i.tution, Global Economy and Development Working Paper, December 2006, 8, www.brookings.edu/views/papers/rice/poverty_civilwar.pdf.

35 ShawBlog, "Affluence and Poverty in the Middle East," ShawBlog, "Affluence and Poverty in the Middle East," http://shawblog.wordpress.com/2007/03/29/affluence-and-poverty-in-the-middle-east/.

36 "Poverty Breeds Insecurity." "Poverty Breeds Insecurity."

37 "2007 World Drug Report," United Nations Office on Drugs and Crime, 1, "2007 World Drug Report," United Nations Office on Drugs and Crime, 1, https://www.unodc.org/pdf/research/wdr07/WDR_2007.pdf.

38 Ibid., 182. Ibid., 182.

39 "Coca Cultivation in the Andean Region: A Survey of Bolivia, Colombia, Ecuador and Peru," United Nations Office on Drugs and Crime, June 2007, "Coca Cultivation in the Andean Region: A Survey of Bolivia, Colombia, Ecuador and Peru," United Nations Office on Drugs and Crime, June 2007, http://www.unodc.org/pdf/andean/Andean_report_2007.pdf 40 Open Democracy, "Making 'Global' and 'Ethical' Rhyme: An Interview with Mary Robinson," Open Democracy, Open Democracy, "Making 'Global' and 'Ethical' Rhyme: An Interview with Mary Robinson," Open Democracy, http://www.opendemocracy.net/globalization-open_politics/article_1627.jsp.

41 Robinson, Mary, "Globalization, Migration and Children: The Need for a Human Rights Approach," Columbia University Inst.i.tute for Child and Family Policy, lecture series on "The Future of Children in a Global Society," October 18, 2004, Robinson, Mary, "Globalization, Migration and Children: The Need for a Human Rights Approach," Columbia University Inst.i.tute for Child and Family Policy, lecture series on "The Future of Children in a Global Society," October 18, 2004, www.childpolicyintl.org/publications/Mar y%20Robinson_Speech.pdf.

42 "International Cooperation at a Crossroads: Aid, Trade and Security in an Unequal World," "International Cooperation at a Crossroads: Aid, Trade and Security in an Unequal World," Human Development Report 2005 Human Development Report 2005, United Nations Development Programme, 1, http://yaleglobal.yale.edu/pdfs/hdr05.pdf.

43 Martin Wolf, "How to Help Africa Escape Poverty Trap," Martin Wolf, "How to Help Africa Escape Poverty Trap," Financial Times Financial Times, January 12, 2005, http://yaleglobal.yale.edu/display.article?id=5128.

44 John Ca.s.sidy, "Always with Us?: Jeffrey Sachs's Plan to Eradicate World Poverty," review of John Ca.s.sidy, "Always with Us?: Jeffrey Sachs's Plan to Eradicate World Poverty," review of The End of Poverty: Economic Possibilities for Our Time The End of Poverty: Economic Possibilities for Our Time, by Jeffrey Sachs, New Yorker New Yorker, April 11, 2005, http://www.newyorker.com/archive/2005/04/11/050411crbo_books?currentPage=all.

45 Anup Shah, "US and Foreign Aid a.s.sistance," Anup Shah, "US and Foreign Aid a.s.sistance," Global Issues Global Issues, April 27, 2008, http://www.globalissues.org/article/35/us-and-foreign-aid-a.s.sistance.

46 United Nations, "Millennium Development Goals Report: 2007" (New York: United Nations, 2007), 4-5, United Nations, "Millennium Development Goals Report: 2007" (New York: United Nations, 2007), 4-5, www.un.org/millenniumgoals/pdf/mdg2007.pdf.

47 United Nations, "Millennium Development Goals," United Nations, "Millennium Development Goals," http://www.undp.org/mdg/.

48 United Nations, "Millennium Development Goals Report: 2007," 4-5. United Nations, "Millennium Development Goals Report: 2007," 4-5.

49 Celia W. Dugger, "U.N. Report Cites U.S. and j.a.pan as the 'Least Generous Donors,'" Celia W. Dugger, "U.N. Report Cites U.S. and j.a.pan as the 'Least Generous Donors,'" New York Times New York Times, September 8, 2005, http://query.nytimes.com/gst/fullpage.html?res=9F06E0DC1231F93BA3575AC0A9639C8B63.

50 George C. Lodge and Craig Wilson, "Multinational Corporations: A Key to Global Poverty Reduction-Part I," George C. Lodge and Craig Wilson, "Multinational Corporations: A Key to Global Poverty Reduction-Part I," YaleGlobal Online YaleGlobal Online, January 2, 2006. http://yaleglobal.yale.edu/display.article?id=6657.

51 Ibid. Ibid.

52 Pablo Pardo, Pablo Pardo, El Mundo El Mundo, May 26, 2007, 8-9, http://www.nyu.edu/fas/inst.i.tute/dri/Easterly/File/ElMundoArticle_052607.pdf.

53 Sharon LaFraniere, "Africa Takes Graft with Billions in Aid in Play," Sharon LaFraniere, "Africa Takes Graft with Billions in Aid in Play," New York Times New York Times, September 6, 2005, http://www.nytimes.com/2005/07/06/international/africa/06lagos.html?_r=1& pagewanted=2&oref=slogin.

54 Ibid. Ibid.

55 C. K. Prahalad, C. K. Prahalad, The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits (Upper Saddle River, NJ: Wharton School Publishing, 2004), 10. (Upper Saddle River, NJ: Wharton School Publishing, 2004), 10.

56 Ibid., 11. Ibid., 11.

57 Ibid. Ibid.

58 Microcredit Summit Campaign, "About Microcredit: A Small Introduction to a Huge Movement," Microcredit Summit Campaign, "About Microcredit: A Small Introduction to a Huge Movement," http://www.microcreditsummit.org/Aboutmicrocredit.htm.

59 Sam Daley Harris, "State of the Microcredit Summit Campaign Report 2007," 2, Sam Daley Harris, "State of the Microcredit Summit Campaign Report 2007," 2, http://www.microcreditsummit.org/pubs/reports/socr/2007.html.

60 http://www.microcreditsummit.org/pubs/reports/socr/2007.html.

61 Amelia Gentleman, Anand Giridharas, and Keith Bradsher, "Micro-Credit Pioneer Gets n.o.bel for Peace," Amelia Gentleman, Anand Giridharas, and Keith Bradsher, "Micro-Credit Pioneer Gets n.o.bel for Peace," International Herald Tribune International Herald Tribune, October 13, 2006, http://yaleglobal.yale.edu/displayarticle?id=8289 . .

62 Rachel Emma Silverman, "Giving ... and Receiving," Rachel Emma Silverman, "Giving ... and Receiving," Wall Street Journal Wall Street Journal, December 10, 2007, R10, http://online.wsj.com/article/SB119680029080513464.html.

63 World Bank Projects and Operations, "Strategies," World Bank Projects and Operations, "Strategies," http://web.worldbank.org/WBSITE/EXTERNAL/PROJECTS/0,,contentMDK:20120702menuPK:41386pagePK:41367piPK:51533theSitePK:40941,00.html.

64 http://www.whartonsp.com/articles/article.asp?p=389714&seqNum=4.

65 Lincoln Mali, "Africa's Newest Pyramid," Lincoln Mali, "Africa's Newest Pyramid," Africa-Investor.com, January 1, 2005, January 1, 2005, http://www.africa-investor.com/article.asp?id=564.

66 "Tata Unveils Nano, Its $2,500 Car," "Tata Unveils Nano, Its $2,500 Car," MSN Money MSN Money, January 10, 2008, http://articles.moneycentral.msn.com/Investing/Extra/WorldsCheapestCarArrivesTomorrow.aspx.

67 "Consultative Status with ECOSOC," United Nations Department of Economic and Social Affairs, "Consultative Status with ECOSOC," United Nations Department of Economic and Social Affairs, http://www.un.org/esa/coordination/ngo/.

68 Bill & Melinda Gates Foundation, "Agricultural Development," Bill & Melinda Gates Foundation, "Agricultural Development," http://www.gatesfoundation.org/GlobalDevelopment/Agriculture/.

69 "About Us," Oxfam International, "About Us," Oxfam International, http://www.oxfam.org/en/about/.

70 "Programs and Campaigns," Oxfam International, "Programs and Campaigns," Oxfam International, http://www.oxfam.org/en/programs/.

71 "Oxfam International: Annual Report 2006," Oxfam International, "Oxfam International: Annual Report 2006," Oxfam International, http://www.oxfam.org/en/about/.

72 Katsuhiro Harada, "Social Entrepreneurs Gain Cred," Katsuhiro Harada, "Social Entrepreneurs Gain Cred," Nikkei Weekly Nikkei Weekly (j.a.pan), August 20, 2007. (j.a.pan), August 20, 2007.

73 David Brooks, "Thoroughly Modern Do-Gooders," David Brooks, "Thoroughly Modern Do-Gooders," New York Times New York Times, March 21, 2008.

74 Nicholas D. Kristof, "The Age of Ambition," Nicholas D. Kristof, "The Age of Ambition," New York Times New York Times, January 27,2008,http://www.nytimes.com/2008/01/27/opinion/27kristof.html?scp=4&sq=social+entrepreneurship&st=nyt.

75 "The Rise of the Social Entrepreneur," "The Rise of the Social Entrepreneur," Economist Economist, February 25, 2006.

76 Sarah Dougherty, "Entrepreneurs with Ethical Fibre," Sarah Dougherty, "Entrepreneurs with Ethical Fibre," Gazette Gazette (Montreal), April 26, 2008. (Montreal), April 26, 2008.

77 David M. Herszenhorn, "Farm Income Up, but Subsidies Stay," David M. Herszenhorn, "Farm Income Up, but Subsidies Stay," New York Times New York Times, April 24, 2008, http://www.nytimes.com/2008/04/24/washington/24farm.html.

78 Weede, Weede, Balance of Power Balance of Power, 71.

79 Andrew Mitch.e.l.l, "The Emerging Emerging Market," Andrew Mitch.e.l.l, "The Emerging Emerging Market," Wall Street Journal Wall Street Journal, October 23, 2007, http://online.wsj.com/article/SB119308908958267577.html.

80 Peace Corps, "Peace Corps Fact Sheet 2008," Peace Corps, "Peace Corps Fact Sheet 2008," http://www.peacecorps.gov/index.cfm?sh.e.l.l=learn.

Chapter 9: A Different Lens, a Better Dashboard.

1 Richard N. Haa.s.s, "The Age of Nonpolarity: What Will Follow U.S. Dominance," Richard N. Haa.s.s, "The Age of Nonpolarity: What Will Follow U.S. Dominance," Foreign Affairs Foreign Affairs, May/June 2008, http://www.foreignaffairs.org/20080501faessay87304/richard-n-haa.s.s/the-age-of-nonpolarity.html.

2 International Inst.i.tute for Management Development (IMD), " International Inst.i.tute for Management Development (IMD), "World Compet.i.tiveness Yearbook 2008 (and Looking Back at 1989)," news release, May 15, 2008, (and Looking Back at 1989)," news release, May 15, 2008, http://www.imd.ch/research/publications/wcy/upload/PressRelease.pdf.

3 Tony Aspromourgos, "The Life of William Petty in Relation to His Economics," Tony Aspromourgos, "The Life of William Petty in Relation to His Economics," History of Political Economy History of Political Economy 20 (1988): 337-356. 20 (1988): 337-356.

4 Clifford Cobb, Ted Halstead, and Jonathan Rowe, "If the GDP Is Up,Why Is America Down?" Clifford Cobb, Ted Halstead, and Jonathan Rowe, "If the GDP Is Up,Why Is America Down?" Atlantic Atlantic, October 1995, http://www.theatlantic.com/politics/ecbig/gdp.htm.

5 Ibid. Ibid.

6 Ibid. Ibid.

7 Frederic Bastiat, Frederic Bastiat, Selected Essays on Political Economy Selected Essays on Political Economy, trans. Seymour Cain, ed. George B. de Huszar (Irvington-on-Hudson, NY: Foundation for Economic Education, 1995).

8 Zubin Jelveh, "Beyond GDP," Zubin Jelveh, "Beyond GDP," Conde Nast Portfolio.com, January 9, 2008.

9 Oskar von Morgenstern, Oskar von Morgenstern, On the Accuracy of Economic Observations On the Accuracy of Economic Observations, 2nd ed. (Princeton, NJ: Princeton University Press, 1963).

10 Li Deshui, "China's Official Statistics: Challenges, Measures and Future Development," Permanent Mission of the People's Republic of China to the United Nations, March 3, 2005. Li Deshui, "China's Official Statistics: Challenges, Measures and Future Development," Permanent Mission of the People's Republic of China to the United Nations, March 3, 2005.

11 "Finmin Says Fiscal Data Saga Has Ended in Wake of EU Report," Athens News Agency, December 8, 2004, "Finmin Says Fiscal Data Saga Has Ended in Wake of EU Report," Athens News Agency, December 8, 2004, http://www.hri.org/news/greek/ana/2004/04-12-08.ana.html#09.

12 Kevin Phillips, "Numbers Racket: Why the Economy Is Worse Than We Know," Kevin Phillips, "Numbers Racket: Why the Economy Is Worse Than We Know," Harper's Harper's, May 13, 2008.

13 "Grossly Distorted Picture," "Grossly Distorted Picture," Economist, Economist, March 13, 2008, March 13, 2008, http://www.economist.com/finance/displaystorycfm?story_id=10852462.

14 Ibid. Ibid.

15 Ibid. Ibid.

16 Ibid. Ibid.

17 See See http://www.tdri.or.th/library/quarterly/notes/gsp_n.htm#txt-9.

18 Economist Intelligence Unit Country Data. Economist Intelligence Unit Country Data.

19 This doesn't even begin to include other consumer-linked debt, such as home equity loans. Peter Gumbel, "The $915 Billion Bomb in Consumers' Wallets," This doesn't even begin to include other consumer-linked debt, such as home equity loans. Peter Gumbel, "The $915 Billion Bomb in Consumers' Wallets," Fortune Fortune, October 30, 2007, http://money.cnn.com/2007/10/29/magazines/fortune/consumer_debt.fortune/index.htm. For 2001 figure, see http://www.truthaboutcredit.org/truth.asp?id2=6153&id3=credittruth&.

20 See Amy Crews Cutts, "Facts and Figures on New Mortgage Products," See Amy Crews Cutts, "Facts and Figures on New Mortgage Products," Federal Trade Commission Workshop Federal Trade Commission Workshop, May 24, 2006, http://www.ftc.gov/bcp/workshops/mortgage/presentations/cutts.pdf.

21 Cobb, Halstead, and Rowe, "If the GDP Is Up." Cobb, Halstead, and Rowe, "If the GDP Is Up."

22 "Genuine Progress Indicator," "Genuine Progress Indicator," Redefining Progress Redefining Progress, http://www.rprogress.org/sustainability_indicators/genuine_progress_indicator.htm.