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

The 2000s Were the Best Decade Ever? Development Optimist Charles Kenny

Charles KennyMany of us may be glad to be rid of the Naughts, a decade perhaps destined to be remembered for global terrorism, U.S. wars in Iraq and Afghanistan, and a global financial crisis that threatened a second Great Depression but left the rich world instead with a lingering Great Recession. My guest this week argues that the departing decade is unfairly maligned. Charles Kenny recently joined the Center for Global Development as a senior fellow. In a piece published in Foreign Policy magazine, he argues that the 2000s were the best decade in history.

Who Gets the Debt If Sudan Splits? Ben Leo

A 2011 referendum in Southern Sudan will determine the sub-nation’s independence – and it’s just one month away. Ahead of the South’s possible secession, Sudanese leaders are scrambling to find solutions to a host of questions, a critical one being: What should be done with Sudan’s crushing $35 billion external debt burden? I’m joined on this Wonkcast by Ben Leo, a research fellow here at the Center for Global Development, who has just published a CGD working paper which outlines potential scenarios for post-referendum debt division between the Khartoum government in the north and an independent Southern Sudan. On the Wonkcast, Ben explains how debt complicates the landscape for splitting Sudan and outlines a range of possible approaches to a viable solution.

Unpacking India’s Microfinance Meltdown: David Roodman

David RoodmanA crisis is unfolding in India's microcredit sector that-- beyond its immediate effects on borrowers and lenders-- will greatly affect the future of financial services for the poor. I'm joined by David Roodman, senior fellow here at the Center for Global Development and author of the forthcoming book Due Diligence: A Guide to Microfinance (which he has shared step by step on his Open Book Blog). David recently traveled to Andhra Pradesh, the epicenter of the crisis. On the Wonkcast, he leads me through the story of the explosive growth of Indian microcredit-- and its sudden fall from grace.

U.S. Development Policy in the Next Congress: Sarah Jane Staats

Sarah Jane StaatsWhat does the new makeup of Congress mean for global development looking forward? My guest this week is Sarah Jane Staats, director of policy outreach here at the Center for Global Development. Sarah Jane is responsible for engaging the development policy community—especially senior staff in the U.S. Congress, the administration and policy experts in leading development advocacy NGOs—in the Center’s research and other programs.

In this Wonkcast, Sarah Jane starts by explaining that, “the first big takeaway with the elections is that they were really not about foreign policy.” Because domestic issues drove the rhetoric of the candidates this election cycle, even the foreign policy positions of some freshman Congressmen are still unknown. Thirty nine of the sixty new House Republicans align themselves with the Tea Party, a group with no clear foreign policy agenda, much less a unified view about whether and how to engage developing countries.

Five CGD Experts on the Seoul G-20 Summit

G-20 SeoulG-20 leaders gathering in Seoul this week face a full plate of issues, most prominently the effort to stave off beggar-thy-neighbors currency devaluations. This week on the Global Prosperity Wonkcast, we've distilled highlights from a private briefing I organized where five CGD experts shared their views on key issues facing the G-20, and their implications for poor people not represented at the table. Snippets below—listen to the full 30-minute Wonkcast for the rest of the story or scroll to the bottom of this page for full event video. If you'd like a bit of historical background on the G-20 and how it came into its current role, listen to my introductory remarks (they're about 6 minutes long) that give some context for the rest of the discussion.

Non-Communicable Diseases a Huge Problem in Developing World (Interview with Rachel Nugent)

Rachel NugentHeart disease, high blood pressure, diabetes and cancers are usually considered diseases of the rich world, the result of too much food and too little exercise. But these serious diseases are already a huge problem in the developing world, accounting for about half of the burden of disease. Yet new research from the Center for Global Development has found that barely 3% of foreign aid and philanthropic spending for developing world health addresses these often overlooked diseases.

My guest this week is the lead author of that research, Rachel Nugent, CGD deputy director of global health. In a forthcoming working paper co-authored with Andrea Feigl – Scarce Donor Funding for Non-Communicable Diseases: Will it Contribute to a Health Crisis? – Rachel examines the impact of non-communicable diseases in the developing world and assesses the response of international donors. In the Wonkcast, we discuss her findings and recommendations for addressing this challenge.

U.S. Development Strategy in Pakistan After the Floods: Molly Kinder

Molly KinderAs if Pakistan needed more troubles, this summer’s catastrophic flooding stretched the capacity of that country’s civilian government to the breaking point. How can the United States act to shore up a key ally and put a strategically critical country back on the path towards development and stability? My guest this week is Molly Kinder, a senior policy analyst here at the Center for Global Development. Together with CGD president Nancy Birdsall, she spearheads the Center’s initiative that looks specifically at U.S. development policy in Pakistan and recommends how it might be more effective. Wren Elhai, who oversees the production of the Wonkcast and helps me by drafting these posts, also contributes to our Pakistan initiative, as a writer and analyst.

Evaluating the Millennium Villages: Michael Clemens and Gabriel Demombynes

An aquaculture project in Bar Sauri, Kenya.In development, it's good to try new, innovative ideas-- but even better to know whether or not they work. My guests this week are Michael Clemens, senior fellow at the Center for Global Development, and Gabriel Demombynes, a senior economist at the World Bank, based in Nairobi, Kenya. They have written a new paper in which they argue that one very high profile development program, the Millennium Villages Project, isn’t being evaluated in a way that would provide clear evidence of its impacts. They propose a better way to evaluate the project.

Good Aid? Bad Aid? QuODA Tracks How Donors Stack Up

QUODADonors, academics, and development advocates have long recognized that not all aid is created equal. Often, the impacts of aid are blunted because it’s spent in the wrong places or isn’t coordinated with recipient government programs. How can we know which donors give aid well, and which donors need to improve? My guests on this week’s Wonkcast are Nancy Birdsall, president of the Center for Global Development, and Homi Kharas, deputy director of the Brookings Institution’s Global Economy and Development program. They are the co-creators of the Quality of Official Development Assistance (QuODA) assessment, a new tool that tracks and compares donor programs against four dimensions of aid quality.

Tempered Optimism on New U.S. Development Policy: Connie Veillette

After months of study, work, negotiation and anticipation, the Obama administration has announced its development policy. What’s new here and what are the chances of implementation? To find out, I chatted with Connie Veillette, who has recently joined the Center for Global Development as director of our Rethinking U.S. Foreign Assistance program. Connie comes to us from Capitol Hill, where she spent many years with the Congressional Research Service and worked most recently as a senior professional staff member on the Senate Foreign Relations Committee minority staff, specializing in U.S. foreign assistance and USAID.

What’s Not to Like About the Millennium Development Goals?

MDGsLeaders from around the world meet in New York City next week to review progress towards the Millennium Development Goals, a list of development targets set in 2000, after a decade of UN conferences and summits, for achievement by 2015. Ahead of the MDG Summit, I spoke with Michael Clemens and Todd Moss, senior fellows at the Center for Global Development and outspoken critics of the design and implementation of the MDGs. On the Global Prosperity Wonkcast, we discuss where Todd and Michael think that the MDG effort went wrong, and how it could be better going forward.

Can Oil Money Be Spent Well? Alan Gelb on Resource Revenues and Development.

Alan GelbMany developing countries have found that large deposits of oil or other natural resources are more a curse than a blessing. My guest on this week's Wonkcast is Alan Gelb, a senior fellow at the Center for Global Development. Together with co-author Sina Grassman, Alan has written a paper that explores the options facing developing countries with abundant natural resources and draws on historical evidence to recommend best practices for dodging the 'resource curse.'

We begin with a discussion of that curse. Alan explains the various problems that accompany oil revenues. Most obviously, that money is easy to misdirect and can often end up fueling corruption. But even for honest and well-intentioned leaders, oil money still presents special headaches. The extreme volatility of oil prices, which can vary by hundreds of percent from one year to the next, make it exceedingly difficult to plan national budgets. The trick is to stock away money in boom oil years to smooth spending in bust years—not easy even when small surpluses are involved. "Clearly you've got to save," Alan explains. But to flatten the boom-bust revenue cycle, "the typical producer may have to save an equivalent of its whole GDP."

HIV/AIDS Donors and Africa’s Health Workforce: Nandini Oomman

Nandini OommanMy guest this week is Nandini Oomman, director of the Center for Global Development’s HIV/AIDS Monitor. Her team has just released a new report, Zeroing In: AIDS Donors and Africa’s Health Workforce, which looks at how AIDS programs could be better designed to strengthen the capacity of nurses and doctors in developing countries. On the Wonkcast, Nandini and I discuss the report, and also explore the overall lessons learned from the HIV/AIDS Monitor, which is wrapping up its work this year after four years of operation.

Ben Leo: Who Are the Millennium Development Goal Trailblazers?

Ben LeoWhich countries are leading the pack on achieving the Millennium Development Goals? My guest this week is CGD research fellow Ben Leo. In a new working paper, Ben lays out an index for measuring country-level progress towards the MDGs. His paper, the first to offer comparative country-level rankings of progress towards key MDG-related indicators, finds some surprising trailblazers. Who knew that Honduras would come out on top!?

As the UN prepares for the MDG Review Summit next month, the conventional wisdom is that the global progress has been adequate—mostly because of China’s huge size and rapid poverty reduction—but that Africa lags sadly behind. Ben says that this view is overly simplistic, if not just plain wrong. Africa accounts for four of the fifteen countries ranked as “trailblazers,” on track to reach at least half of the examined MDG indicators by the 2015 target year (they are: Burkina Faso, Ethiopia, Ghana, Malawi, and Uganda). Notwithstanding that the MDGs are wildly over ambitious given historical rates of progress (see here and here), Ben finds that low-income countries have made as much progress as middle-income countries. And some countries that we might expect to see on the trailblazer list, such as Tanzania, have performed poorly.

Turning the Tide Through Better Prevention: Mead Over on the AIDS Transition

Mead OverEven as the cost of treating HIV/AIDS has fallen dramatically, the number of people newly infected has remained high. What can be done to reverse this trend and finally defeat this disease? This week on the Wonkcast, I’m joined by Mead Over, a senior fellow here at the Center for Global Development and perhaps the world’s leading expert on the economics of HIV/AIDS. He has recently published two major essays, which introduce the concept of the “AIDS transition”—the point in time where the number of people living with the disease begins to fall. He argues persuasively that to reach this point, international donors must greatly strengthen incentives for effective prevention.

How to Help the World’s Least Developed Countries: UNCTAD’s Deb Bhattacharya

Deb BhattacharyaThere are 49 countries in the world that the United Nations classifies as Least Developed Countries (LDCs). How does a country wind up on the list, and how is the international community working to help these countries develop? My guest this week is Debapriya Bhattacharya, currently a Special Advisor to the Secretary General of the UN Conference on Trade and Development (UNCTAD), focusing on issues related to Least Developed Countries.

Deb begins by explaining how the official Least Developed Country list is defined. There are three criteria for inclusion, he explains. Obviously, poverty, as measured in per capita income, is one of them. A second is what Deb calls “human assets,” expressed in education and health indicators. And the third is a measure of economic vulnerability to natural or manmade disasters."Haiti is a classic example of how vulnerable these economies are,” Deb explains. “You get hit not only by man-made disasters, but also by natural exogenous shocks."

Bringing Medicines to Market: Tom Bollyky on Clinical Trials for Neglected Diseases

Tom BollykyFueled by charitable giving, more and more medical research is focusing on treating and curing thus-far neglected diseases. Is the regulatory framework ready? My guest this week is Tom Bollyky, a visiting fellow here at the Center for Global Development. Tom is a lawyer by training, and is currently working on the important legal and regulatory issues surrounding clinical trials for medicines to treat neglected diseases.

For those unfamiliar with the scale of the problem, Tom gives a quick introduction to what neglected diseases are. Common diseases like malaria and tuberculosis and less common diseases like dengue fever and hookworm together afflict more than one billion people worldwide. Yet, because they’re not big problems in high income countries, very little research has gone towards finding cures for them.

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