Recent Research
Vice President for Programs and Senior Fellow
Africa, US-Africa relations, finance, capital markets
Email:
|
Education: PhD and MSc University of London, BA Tufts University
Todd Moss is vice president for programs and senior fellow at the Center for Global Development. Moss oversees the Center’s fundraising efforts and relations with external partners. In addition to his institutional responsibilities, he directs The Emerging Africa Project and his work focuses on U.S.-Africa relations and financial issues facing sub-Saharan Africa, including policies that affect private investment, debt, and aid. He is currently working on cash transfers in new oil economies, new ideas for structuring US development policy, and the future of IDA. In the past he led the Center’s work on Nigerian debt, Zimbabwe’s economic recovery, and the African Development Bank.
Moss served as Deputy Assistant Secretary in the Bureau of African Affairs at the U.S. Department of State from May 2007 to October 2008 while on leave from CGD. He originally joined the Center in July 2003 from the World Bank where he served as a consultant and advisor to the Chief Economist in the Africa Region. Prior to joining the Bank, he was a Lecturer at the London School of Economics (LSE) in the postgraduate Development Studies Institute. Previously, Moss has worked as an Analyst for the Economist Intelligence Unit (EIU) and was Assistant Director of U.S. Policy Programs at the Overseas Development Council (ODC). Moss is an Adjunct Professor at Georgetown University and the author of numerous articles and books, including Adventure Capitalism: Globalization and the Political Economy of Stock Markets in Africa (Palgrave Macmillan, 2003) and African Development: Making Sense of the Issues and Actors (Lynne Rienner, 2nd ed., 2011).
New
Popular
Working Papers Books Other CGD Pubs Events Selected Works
-
When a poor country finds oil, bad things often get worse. Countries rich in extractable natural resources, especially oil, frequently suffer from crummy governance, high poverty, endemic corruption and conflict. Is it possible to beat this oil curse? My guest on the Wonkcast this week, Todd...
-
Ghana’s recent recalculation of its GDP led to an overnight $500 per capita jump, putting in motion unexpectedly rapid graduation from the International Development Association (IDA) and ultimately a new relationship with the World Bank. In this week’s Wonkcast, I speak with Todd Moss,...
-
The Arab Spring has grabbed the world’s attention, yet Iraq—the Arab country that not long ago was the very epicenter of American foreign policy—has almost entirely fallen off the front pages. While Iraq’s security has improved greatly, the country is still struggling to consolidate a...
-
My guest this week is Todd Moss, senior fellow and vice president for programs here at the Center for Global Development. Our topic is the newly updated edition of his popular primer: African Development: Making Sense of the Issues and Actors.
Todd tells me his publisher, Lynne Rienner, urged...
-
This brief on the General Capital Increase is one of a suite of policy briefs that provides basic background information and practical analysis of the financial and governance issues facing the international financial institutions.
-
Debt can bring about disaster, as in Greece or with your deadbeat son; but it can also be a the engine of growth and prosperity.
-
President Sirleaf, the first woman to be elected head of state in Africa, provides her perspective on the role the private sector can play in Liberia and in emerging Africa more broadly. Todd Moss moderates a question and answer session after the president’s speech.
-
By 2025, the number of IDA client countries will likely shrink substantially and primarily be smaller in size and overwhelmingly African. This working paper predicts how these changes will impact IDA's operational and financial models and recommends the World Bank begin addressing the implications...
-
Todd Moss proposes that countries seeking to manage new natural resource wealth should consider distributing income directly to citizens as cash transfers. Beyond serving as a powerful and proven policy intervention, cash transfers may also mitigate the corrosive effect natural resource revenue...
-
Todd Moss testifies before the House Financial Services Subcommittee on International Monetary Policy and Trade on November 16, 2010, about the global financial crisis and financial reforms in Nigeria.
-
Does foreign aid help develop public institutions and state capacity in developing countries? In this Working Paper, the authors suggest that despite recent calls for increased aid to poor countries by the international community, there may be an "aid-institutions paradox." While donor intentions...
-
*REVISED Version September 2004
The Millennium Development Goals (MDGs) are unlikely to be met by 2015, even if huge increases in development assistance materialize. The rates of progress required by many of the goals are at the edges of or beyond historical precedent. Many countries making...
-
Todd Moss proposes that countries seeking to manage new natural resource wealth should consider distributing income directly to citizens as cash transfers. Beyond serving as a powerful and proven policy intervention, cash transfers may also mitigate the corrosive effect natural resource revenue...
-
CGD vice president and senior fellow Todd Moss and reasearch assistant Lauren Young propose direct cash distribution of Ghana's oil profits to help the country avoid the natural resource curse. One positive effect of the plan would be to strenghten democratic pressure on the government to be good...
-
The international goal for rich countries to devote 0.7% of their national income to development assistance has become a cause célèbre for aid activists and has been accepted in many official quarters as the legitimate target for aid budgets. The origins of the target, however, raise serious...
-
Many poor countries, especially in Africa, will miss the MDGs by a large margin. But neither African inaction nor a lack of aid will necessarily be the reason. Instead, responsibility for near-certain ‘failure’ lies with the overly-ambitious goals themselves and unrealistic expectations placed...
-
Zimbabwe has experienced a precipitous collapse in its economy over the past five years. The government blames its economic problems on external forces and drought. We assess these claims, but find that the economic crisis has cost the government far more in key budget resources than has the donor...
-
By 2025, the number of IDA client countries will likely shrink substantially and primarily be smaller in size and overwhelmingly African. This working paper predicts how these changes will impact IDA's operational and financial models and recommends the World Bank begin addressing the implications...
-
Nigeria has $33 billion in external debt. The government has been trying unsuccessfully for years to cut a deal with creditors to reduce its external obligations but to date has only managed to gain non-concessional restructuring. The major creditors also have good reasons for wanting to seek a...
-
Africa remains extremely difficult for entrepreneurs. Donors are increasingly targeting assistance to address the investment-climate constraints that hinder private-sector growth. This report lays out the case for promoting investment climate reforms more strategically, various options for...
-
-
-
-
-
-
-
-
-
-
-
-
Ten Myths of the International Finance Facility - Working Paper 60
- May 24, 2005
The British proposal to create an International Finance Facility in order to 'frontload' $50 billion in aid per year until 2015 has generated a lot of attention and will likely be a major topic at the G8 meeting this July. But the IFF has also been shrouded in confusion and misconceptions. This...
-
-
-
-
The Surprise Party: An Analysis of US ODA Flows to Africa - Working Paper 30
- Jul 30, 2003
Conventional wisdom about US foreign policy toward Africa contains two popular assumptions. First, Democrats are widely considered the party most inclined to care about Africa and the most willing to spend resources on assistance to the continent. Second, the end of the Cold War was widely thought...
-
African Development: Making Sense of the Issues and Actors
- Mar 5, 2007
Bill Easterly calls Moss' new introduction to Africa "compulsively readable and accessible" and "a masterpiece of clear thinking." Each chapter is organized around three fundamental questions: Where are we now? How did we get to this point? What are the current debates? CGD's package of materials...
-
The ABCs of the General Capital Increase (ABCs of IFIs Brief)
- Sep 23, 2011
This brief on the General Capital Increase is one of a suite of policy briefs that provides basic background information and practical analysis of the financial and governance issues facing the international financial institutions.
-
-
-
-
-
-
-
-
How the Economic Crisis Is Hurting Africa--And What to Do About It
- May 8, 2009
Senior fellow Todd Moss investigates how the aftershocks of the global economic downturn are affecting Africa. African countries that take the right steps to mitigate the pain will be poised to benefit from the eventual recovery; those that don't will be left behind.
-
Dambisa Moyo's (Serious) Challenge to the Development Business
- Apr 21, 2009
Senior fellow Todd Moss considers the future of foreign aid in light of Dambiso Moyo’s book, Dead Aid, which argues that Western aid to Africa has brought more harm than help. The relevant question today, he argues, is not whether aid is good or bad, but rather how aid can be made to work better...
-
Economic Development in Africa, Georgetown University (Syllabus)
- Jan 14, 2009
This module will explore some of the research on the key issues of growth and poverty reduction in sub-Saharan Africa. It will examine a variety of empirical findings on these topics to better understand why Africa and the international agencies tasked to promote development have had so little...
-
-
-
-
African Development: Making Sense of the Issues and Actors
- Mar 5, 2007
Bill Easterly calls Moss' new introduction to Africa "compulsively readable and accessible" and "a masterpiece of clear thinking." Each chapter is organized around three fundamental questions: Where are we now? How did we get to this point? What are the current debates? CGD's package of materials...
-
U.S. Aid to Africa After the Midterm Elections? A "Surprise Party" Update
- Jan 25, 2007
U.S. aid to Africa soared during President Bush's first term, to more than twice the level of any previous administration. But the newly divided government--Democratic Congress, Republican White House--could mean a cut in aid. In this CGD Note senior fellow Todd Moss uses just-released data from...
-
-
China's Export-Import Bank and Africa: New Lending, New Challenges
- Nov 6, 2006
China's bid for a leading role in Africa gained sudden visibility on the weekend with an unprecedented gathering of leaders from 48 African countries in Beijing. Chinese president Hu Jintao pledged to double aid and to offer $5 billion in loans by 2009. China's newly high-profile overtures...
-
Fixing International Financial Institutions: How Africa Can Lead the Way
- Sep 22, 2006
In this CGD Note, CGD vice president Dennis de Tray and senior fellow Todd Moss argue that international financial institutions should transform their boards of resident executive directors into non-resident, non-executive bodies. Doing so would force the governing bodies to focus on their core...
-
-
The Investment Climate Facility for Africa: Does it Deserve U.S. Support?
- Aug 21, 2006
The Investment Climate Facility (ICF) for Africa was launched in June to help Africa tackle problems that hinder domestic and foreign investment. It aims to raise $550 million for promotion of property rights and financial markets, anti-corruption efforts, and reform of regulations, taxation, and...
-
-
Planning for a Post-Mugabe Zimbabwe
- Dec 5, 2005
Zimbabwe is in a state of virtual economic collapse. It faces grave public health concerns and even basic services have stalled. A new CGD Note by Todd Moss and Stewart Patrick urges the international community to begin planning now for the narrow window of opportunity a post-Mugabe transition will...
-
What's Wrong with the Millennium Development Goals?
- Sep 12, 2005
Many poor countries, especially in Africa, will miss the MDGs by a large margin. But neither African inaction nor a lack of aid will necessarily be the reason. Instead, responsibility for near-certain ‘failure’ lies with the overly-ambitious goals themselves and unrealistic expectations placed...
-
Costs and Causes of Zimbabwe's Crisis
- Jul 20, 2005
Zimbabwe has experienced a precipitous collapse in its economy over the past five years. The government blames its economic problems on external forces and drought. We assess these claims, but find that the economic crisis has cost the government far more in key budget resources than has the donor...
-
Resolving Nigeria's Debt Through a Discounted Buyback
- Apr 1, 2005
Nigeria has $33 billion in external debt. The government has been trying unsuccessfully for years to cut a deal with creditors to reduce its external obligations but to date has only managed to gain non-concessional restructuring. The major creditors also have good reasons for wanting to seek a...
-
Double Standards on IDA and Debt: The Case for Reclassifying Nigeria
- Mar 1, 2005
Although nearly all poor countries are classified by the World Bank as IDA-only, Nigeria stands out as a notable exception. Indeed, Africa’s most populous country is the poorest country in the world that is not classified as IDA-only. Under the World Bank’s own criteria, however, Nigeria has a...
-
Iraq’s Last Chance to Beat the Oil Curse: Lessons for the Arab Spring
- Oct 20, 2011
The Center for Global Development Presents
Iraq’s Last Chance to Beat the Oil Curse: Lessons for the Arab Spring
Featuring author
Johnny West
Journalist and Founder of Open Oil
Discussants
Peter McPherson
Former USAID Administrator and Director of Economic Policy for the Coalition...
-
African Development: Making Sense of the Issues and Actors
- Oct 18, 2011
The Center for Global Development presents
a book reception to celebrate the 2nd edition of
African Development: Making Sense of the Issues and Actors
Featuring the Author
Todd Moss
Vice President for Programs and Senior Fellow
Center for Global Development
With Remarks...
-
Nigeria's Fight against Corruption: Successes and Challenges
- Sep 26, 2011
The Open Society Foundations present
Nigeria's Fight Against Corruption: Successes and Challenges
Panelists
Daniel Claman, Assistant Chief, Asset Forfeiture/Money Laundering, Department of Justice
Eric Guttschuss, Researcher on Nigeria, Human Rights Watch
Todd Moss, Vice President for...
-
Africa 1960: Beyond Independence
- Nov 11, 2010
Scholars from the fields of art history, history, economics, political science and journalism discuss the legacy of African Independence in recognition of the 17 African nations that gained independence in 1960. Cosponsored by Smithsonian National Museum of African Art and George Washington...
-
British Development Policy and the Conservative Party
- Dec 3, 2009
Andrew Mitchell, MP, UK Shadow Minister for International Development, will be speaking about the UK Conservative Party's development policy and plans, including the main elements of the "green paper" issued recently. One World Conservatism lays out the Tory strategy for fighting global poverty and...
-
-
The Pentagon and Development: Programs and Structures
- Jul 29, 2009
The Department of Defense (DoD) has become increasingly engaged in development activities over the past ten years through the wars in Iraq and Afghanistan and the broader counterterrorism effort. While the development community points to the links between poverty and U.S. security threats to...
-
New Ideas in Development after the Financial Crisis
- Apr 22, 2009
The New Ideas in Development After the Financial Crisis Conference, sponsored by CGD and the Bernard L. Schwartz Forum on Constructive Capitalism, will examine the implications of the global financial crisis on existing development strategies. Panels of distinguished academics and policy...
-
-
Non-CGD Publications
Books
- African Development: Making Sense of the Issues and Actors, Lynne Rienner, 2007.
- African Emerging Markets, Contemporary Issues, Vol II, (edited with Sam Mensah), African Capital Markets Forum, Accra, 2004.
- Adventure Capitalism: Globalization and the Political Economy of Stock Markets in Africa, Palgrave MacMillan, 2003.
Policy Reports:
- Strategic Framework for Assistance to Africa: IDA and the Emerging Partnership Model, with Alan Gelb, et al, Africa Region, World Bank, Washington DC, January 2004.
- The Other Costs of High Debt in Poor Countries: Growth, Policy Dynamics, and Institutions, (PDF, 211.44KB) with Hanley S. Chiang, World Bank, HIPC Unit, August 2003.
- The Partnership Imperative: Maintaining American Leadership in a New Era, with Catherine Gwin et al, Overseas Department Council, Washington DC, 1997.
Selected Journals/Chapters
- “An Aid-Institutions Paradox? Aid dependency and state building in sub-Saharan Africa,” with Nicolas van de Walle and Gunilla Pettersson, in William Easterly (ed.) Reinventing Aid, MIT Press, Cambridge, 2008.
- “The Ghost of 0.7%: Origins and Relevance of the International Aid Target,” with Michael Clemens, International Journal of Development Issues, Vol. 6, No. 1, 2007.
- “Zimbabwe’s Meltdown: Anatomy of a Peacetime Economic Collapse,” The Fletcher Forum of World Affairs, Vol. 31, No. 2, Summer 2007.
- “The Trouble with the MDGs: Confronting Expectations of Aid and Development Success,” with Michael Clemens and Charles Kenny, World Development, Vol. 35, No. 5, May 2007.
- “Briefing: The G8’s Multilateral Debt Relief Initiative and Poverty Reduction in Sub-Saharan Africa”, African Affairs, Vol. 105, No. 419, April 2006.
- “After Mugabe: Applying Post-Conflict Recovery Lessons to Zimbabwe” (PDF, 211KB); Africa Policy Journal, Harvard University, Spring 2006, V.I.
- “Compassionate Conservatives of Conservative Compassionates? US political parties and bilateral foreign assistance to Africa”, with Markus Goldstein, Journal of Development Studies, Vol. 24, No. 1, October 2005.
- “Is Africa’s Skepticism of Foreign Capital Justified? Preliminary Evidence from Firm Survey Data in East Africa”, with Vijaya Ramachandran and Manju Kedia Shah, in Magnus Blomstrom, Edward Graham, and Theodore Moran (eds), Does a Foreign Direct Investment Promote Development?, Institute of International Economics, Washington DC, May 2005.
- “Is Wealthier Really Healthier?” Foreign Policy, Carnegie Endowment for International Peace, Washington DC, March/April 2005.
- “Current issues in development assistance to Sub-Saharan Africa”, Sub-Saharan Africa Regional Forecast, Economist Intelligence Unit, London, February 2005.
- “Africa and the Battle over Agricultural Protectionism” (PDF, 329.86KB), with Alicia Bannon, World Policy Journal, New York, Vol. XXI, No. 2, Summer 2004.
- “Irrational Exuberance or Financial Foresight? The Political Logic of Stock Markets in Africa”, in Sam Mensah & Todd Moss (eds), African Emerging Markets: Contemporary Issues, Volume II, African Capital Markets Forum, Accra, 2004.
- “Stock Markets in Africa: Emerging Lions or White Elephants?” with Charles Kenny, World Development, Vol. 26, No. 5, May 1998.
- “Africa Policy Adrift,” with David Gordon, Mediterranean Quarterly, Vol. 7, No. 3, Summer 1996.
- “US Policy and Democratisation in Africa: The Limits of Liberal Universalism,” The Journal of Modern African Studies, Vol. 33, No. 2, June 1995.
|
|