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CGD's weekly Global Prosperity Wonkcast, event videos, whiteboard talks, slides, and more.

IMF Leadership Struggle and CGD Survey Results: Nancy Birdsall

5/31/11

The sudden resignation of Dominique Strauss-Kahn has sparked a global debate over the selection of the next head of the International Monetary Fund. French finance minister Christine Legarde, Europe’s nominee, has launched a round-the-world tour to promote her candidacy. Meanwhile, Agustin Carstins, the governor of the Bank of Mexico and the lone challenger so far to Europe’s renewed claim to lead the IMF, is seeking backing from European debtor nations and others by calling for greater flexibility in IMF bailout programs.

Against this background, CGD is pushing ahead with a survey on the selection process, qualifications and candidates for the IMF top job. I asked CGD president Nancy Birdsall, who has been arguing for a more open, merit-based selection process without regard for nationality, to join me on the show to share her views on the IMF leadership selection battle and the initial results from our survey.

Worms at Work: Long-run Impacts of Child Deworming in Kenya (Event)

5/27/11

Gilbert Burnham

The Center for Global Development is proud to have hosted Prof. Michael Kremer (Harvard) and Sarah Baird (GWU) as part of the Massachusetts Avenue Development Seminar (MADS) series.  They presented the long-term, follow-up results of Prof. Kremer's research on deworming in Kenyan schools that shows significant, long-term gains in employment and earnings among dewormed children.

Mohammed Yunus Forced Out –Whither Microcredit? David Roodman

5/24/11

Mohammed Yunus has been forced by a Bangladesh court to step down as the head of the Grameen Bank, leaving the world to wonder what will become of the institution that helped inspire the microfinance revolution. On this week’s Wonkcast, we consider the rise and uncertain future of microcredit, not so long ago the darling of development experts and activists alike, and discuss whether or not the arc of Yunus’s remarkable life serves as an apt metaphor for the microfinance movement.



My guest is CGD senior fellow David Roodman, who has been tracking the Yunus trial since it began as part of his Microfinance Open Book Blog. The book in public on the blog, Due Diligence: An Impertinent Inquiry into Microfinance, is nearing completion and will be published before the end of the year.


What’s Up with the U.S. Global Health Initiative? Nandini Oomman

5/17/11

When President Obama created the Global Health Fund (GHI) in May 2009, health policy gurus welcomed it as a pioneering effort to make US involvement in global health more coherent, strategic and systematic. Two years later, there has been some modest progress but questions abound about how the initiative will take shape and deliver results.

Nandini Oomman, senior associate at the Center for Global Development, joins me on the Wonkcast this week to assess the GHI’s progress on its second birthday. Her mounting impatience is nicely summed up in a blog post she wrote about the anniversary: Happy 2nd Birthday to the U.S. Global Health Initiative: Next Time I Want a Goody Bag!

More Than Good Intentions  How a New Economics is Helping to Solve Global Poverty

5/16/11

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Dean Karlan and Jacob Appel present an new approach to global poverty reduction that combines behavioral economics with worldwide field research.Dean Karlan and Jacob Appel present an new approach to global poverty reduction that combines behavioral economics with worldwide field research. Their book takes readers into villages across Africa, India, South America, and the Philippines, where economic theory collides with real life. They show how small changes in banking, insurance, health care, and other development initiatives that take into account human irrationality can drastically improve the well-being of poor people. More Than Good Intentions provides a new way to understand what really works to reduce poverty; in so doing, it reveals how to better invest charitable gifts and official assistance to make a difference in the lives of poor people.

(WONKCAST SPECIAL EDITION) Why U.S. Aid to Pakistan Still Makes Sense: Nancy Birdsall

5/9/11



Why are we providing some $1.5 billion per year in development assistance to a country that couldn’t be bothered to find bin Laden? Now that Osama is dead, what the heck are we still doing in Pakistan?

On this special edition of the Global Prosperity Wonkcast I asked these provocative questions of Nancy Birdsall, president of the Center for Global Development.
For the past year, Nancy has led a high-level study group evaluating the U.S. development strategy in Pakistan, and has written a series of open letters. One of the main themes of the work has been that the United States should be modest and cautious about what development aid to Pakistan can achieve. Nonetheless, following a recent trip to Pakistan, and notwithstanding U.S. suspicions that elements of Pakistan’s security forces might have been complicit in hiding Bin Laden, Nancy maintains that sustaining aid to Pakistan is in the United States’ own national interest.

Fourth UN Conference on Least Developed Countries: Kimberly Elliott

5/9/11

This week, 10,000 representatives from around the world will head to Istanbul for the fourth decadal meeting of the UN conference on the Least Developed Countries (LDC-IV).  Trade is likely to have a prominent place on the agenda. I invited senior fellow Kimberly Elliott, author of Delivering on Doha: Farm Trade and the Poor, for her views on the conference.

“Duty free quota free access to rich country markets will definitely be one of the key asks of these LDC countries in Istanbul,” says Kim. “But I don’t expect there to be much progress, principally because the United States has shown no interest in moving on this.”

Impact Evaluations and the 3ie: William Savedoff

5/2/11

Efforts to design better aid programs often are hampered by the failure to evaluate what works—and what doesn’t—in existing programs. Today, the International Initiative for Impact Evaluation and other important efforts are helping fill the evaluation gap.

My guest this week is senior fellow Bill Savedoff. He was a member of the Center for Global Development’s 2004 Evaluation Gap Working Group, led by Ruth Levine, that urged and helped create a new institution for impact evaluation: the International Initiative for Impact Evaluation, or 3ie (“Triple I E”). Following a recent CGD speech by Esther Duflo on the importance of impact evaluation, I sat down with Bill to talk about how new impact evaluations are shaping development projects and policy.

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