Views from the Center

Global Development: Views from the Center features posts from Nancy Birdsall and her colleagues at the Center for Global Development about innovative, practical policy responses to poverty and inequality in an ever-more globalized world.

 

CGD and IMF Join Forces to Discuss Financial Inclusion

Does broadening financial access to large segments of the population pose risks to financial stability? Not necessarily, according to recent remarks by IMF managing director Christine Lagarde. Increasing access to basic financial transactions such as payments does not threaten financial stability, especially when appropriate supervisory and regulatory frameworks are in place. In fact, with the right regulatory supervision, increased access to financial services can result in both micro and macro benefits. Recognizing the macroeconomic and regulatory dimensions of financial inclusion, CGD and the IMF joined forces for a seminar to kick off the IMF Spring Meetings 2016.

Comment, Please on a Draft Book on Aid, Donors, and Corruption

Here is a draft of my (hopefully) forthcoming book for CGD Results Not Receipts: Counting the Right Things in Aid and Corruption [working title] I’d love comments and reactions from the vast, knowledgeable network of development thinkers and doers that read Views From the Center –they’ll surely make the final version far better.  The elevator pitch: donors frequently suggest corruption is the biggest obstacle to development and aid effectiveness, and that they can accurately measure corruption risk while protecting their projects from it at a reasonable cost.  It isn’t and they can’t.

World Leaders Signed the Climate Agreement On Earth Day. How Will They Deliver?

This Earth Day, more than sixty heads of state will gather in New York to sign the Paris Agreement on climate change. The agreement declared in December the unanimous aim of 196 governments to work toward the near-elimination of greenhouse gas emissions by the second half of this century. Although the New York ceremony represents another high-profile sign of political support for stabilizing Earth’s climate, significant challenges remain.

Gender and Financial Inclusion: With a Nudge and a Twist

At a CGD event on financial inclusion, IMF Managing Director Christine Lagarde noted that financial inclusion is a priority for the post-2015 development agenda as a whole. Here we explore both the benefits of financial inclusion and some concrete steps for achieving it,  specifically looking at ways to overcome a persistent gender gap that leaves women with less access to financial services than men. 

What About a Global Treaty to Feed Pigs Yogurt Rather Than Drugs?

Most antibiotics around the world today are fed to farm animals to promote growth and prevent diseases fostered by crowded conditions on factory farms. There is an urgent need to find alternatives to keep animals healthy, and preserve crucial antibiotics for human health. One way to do that would be to create an international treaty not to use antibiotics in livestock feed — and probiotics, like those found in yogurt, may be a stepping stone toward that goal. 

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