Global Prosperity Wonkcast

Economists, development and otherwise, often assume that people given the right information will make informed decisions in their own best interest. Not! Just like the rest of us, the poor people targeted by development programs sometimes lack self-control and fail to take actions that would benefit them in the long run, even when they understand the potential benefits.

This podcast was originally recorded in September, 2012.

It’s that time of year again. In just a few weeks, CGD will release the 2012 results of its annual Commitment to Development Index (CDI) – a product that measures the extent to which wealthy nations are supporting poorer countries’ development efforts in seven policy areas: aid, trade, investment, migration, environment, security, and technology. In this week’s Wonkcast, I chat with David Roodman, CGD senior fellow and chief architect of the CDI, and Owen Barder, senior fellow and director for Europe, about the ABCs of the CDI and what we are calling a “deep dive” into the CDI for Europe.

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David recalls that CDI had its origins in a 2001 meeting between CGD president Nancy Birdsall and Moisis Naim, then editor-in-chief of Foreign Policy Magazine. Moises suggested that CGD, then a brand new think tank, should publish an index. Nancy knew she wanted to measure the rich world’s support for development and put David in charge of figuring out how. Eleven years later the index results remain fairly consistent -- with smaller, northern European countries grabbing top spots. I ask David why.

Pogo famously said: “We have met the enemy and he is us.” That thought underpins my conversation with CGD senior fellow Bill Savedoff on corruption and development. Bill joined me last week after hosting a roundtable discussion with two anti-corruption experts who have recently published books on the issue, Frank Vogl, author of Waging War on Corruption and Laurence Cockcroft, author of Global Corruption Money, Power, and Ethics in the Modern World. In our conversation, Bill draws on the key ideas in these two books to unpack the various ways of thinking about—and addressing—corruption in development. We also discuss three emerging areas of CGD work on the issue, each of which focuses on the policies and practices of the rich and powerful—in global terms, us.

Your tax dollars bought that bridge, that road, that school. But unless you live in Colombia or the UK, you probably can’t look at the contracts for these things bought on your behalf. My guest on this week’s Wonkcast is Charles Kenny, senior fellow here at CGD and we are discussing his latest work: “Publish What You Buy: The Case for Routine Publication of Government Contracts.”