In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of monthly data, each observation of a one-year change in inflation is the sum of twelve one-month changes. This suggests that better information about inflationary pressures can be...

This essay draws on the work of the Center for Global Development’s Study Group on U.S. Development Strategy in Pakistan and on the ideas in the group’s open letters to Ambassador Richard Holbrooke to present five recommendations for spending aid money well in Pakistan. [CGD Essay].

Five possible indicators are suggested that illustrate the type of measurable targets that could help the United States and Pakistan meet shared goals for effective and transparent development. [CGD Essay]