Ideas to Action:

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

The Obama Administration's Economic Strategy for Africa (Event Videos)

The Center for Global Development was pleased to host Michael Froman, President Obama's Deputy National Security Advisor and Assistant for International Economics, for a discussion of the Obama Administration's strategy to achieve poverty alleviation and sustained economic growth in Sub-Saharan Africa. Froman recently led an interagency delegation to Tanzania, Ethiopia, Kenya, and Nigeria to meet with a cross section of government officials, private sector leaders and young entrepreneurs on a range of issues and initiatives including the East African Community trade and investment partnership, the New Alliance for Food Security and Nutrition; energy; and infrastructure.

More Money, More Problems for US Development in Pakistan – Milan Vaishnav and Danny Cutherell

Despite an unprecedented increase in US civilian assistance to Pakistan, more money has led to more problems in achieving long-term development goals in the fractious and fragile state.  My guests on this week’s Wonkcast are Milan Vaishnav and Danny Cutherell, co-authors of a recent report written jointly with CGD president Nancy Birdsall. The new report--More Money, More Problems: A 2012 Assessment of the US Approach to Development in Pakistan--assigns letter grades to US government efforts in ten areas and provides recommendations for more effectiveengagement in Pakistan.

Christine Lagarde: Back to Rio, the Road to a Sustainable Economic Future (Event Video)

Twenty years after the original summit, world leaders will reconvene in Rio for the United Nations Conference on Sustainable Development. Ahead of the Rio+20, IMF Managing Director Christine Lagarde will focus on key challenges to be addressed by the international community in Rio. World leaders are faced with an economic crisis, an environmental crisis, and sometimes a social crisis that cannot be treated separately. The IMF has an important role to play in exploring how macroeconomic and especially fiscal instruments can be used to address these urgent problems. The institution has also highlighted that social and environmental problems really do matter for economic performance, and are themselves affected by macroeconomic performance.

Partnership for Growth: A New Model for USG Engagement on Development?

Partnership for Growth (PFG) is a new model for the United States to engage with a select group of countries to accelerate and sustain broad-based economic growth. It involves rigorous joint analysis of constraints to growth, the development of joint action plans to address these constraints, and high-level mutual accountability for implementation. One of PFG’s objectives is to engage not just aid but also a range of available tools to unlock new investment. CGD is pleased to host Gayle Smith to present on PFG. Todd Moss will then moderate a conversation with representatives from the U.S. agencies involved in the partnership as well as representatives from the first set of PFG countries, El Salvador, Ghana, Philippines, and Tanzania.

Time to Revisit Industrial Policy? (Event Video)


Industrial policy—an active government role in shaping the direction of the economy—is often disdained by Western-trained economists but frequently embraced by Asian policymakers. Is it the path to development success or a slippery slope that leads to development failure? “New Structural Economics: A Framework for Rethinking Development and Policy” by World Bank chief economist Justin Lin and contributing authors provides a timely opportunity to review the evidence. Are systemic reforms to strengthen the business climate enough? How can policymakers guard against the well-known risks of favoring specific sectors or firms? Is there such a thing as a "New Industrial Policy" and can it provide useful guidelines for developing countries? This debate is of particular interest for low-income countries in Africa and elsewhere and the advice provided by their development partners.

Delivering Sustainable Energy for All: Opportunities at Rio+20 (Event Video)

Worldwide, about 1.3 billion people lack access to electricity, while 2.7 billion lack access to clean cooking fuels. Meeting their needs is central to reducing poverty but relying on existing technologies would make runaway climate change unavoidable. UN Secretary General Ban Ki-moon is leading a “Sustainable Energy for All” initiative that is built on his vision for deploying renewable energy, increasing energy efficiency, and achieving universal energy access during the next two decades. Can the Rio+20 Earth Summit in Rio de Janeiro this June help to foster a global consensus for action? What could the United States do to spur progress? The Secretary General and other distinguished speakers provide a thoughtful discussion of one of the world’s most pressing development issues.

The Seventh Annual Richard H. Sabot Lecture: Africa—A Second Independence: Redefining Old Relationships (Event Video)

videoJohn Githongo, an advocate for transparency and good governance, is well-known for his work as the anti-corruption czar in Kenya, where in 2003 he uncovered a $1 billion scheme involving some of the country’s top ministers. His probing incited a backlash that forced him to flee the country for fear of his life, taking up a fellowship at Oxford where he released a report documenting government graft. Since then, Githongo has devoted his efforts to eliminating corruption and injustice in Kenya and across Africa. His lecture focuses on what outsiders—the high-income countries and emerging powers—can do to help foster democracy and poverty reduction in the developing world.

Key Challenges for Jim Kim, New World Bank President—Nancy Birdsall

Nancy Birdsall

After an unprecedented competition, with three official nominees, the World Bank announced on Monday that the board had selected Jim Yong Kim, the Korean-born U.S. nominee, as the next president of the World Bank. My guest on this week’s Wonkcast is CGD president Nancy Birdsall, who discusses why it matters who leads the bank and sets out key challenges for the incoming president.

The Future of the World Bank – Nancy Birdsall

Charles Kenny

Following Robert Zoellick’s announcement that he will step down from the World Bank presidency at the end of June, the World Bank board has called for member countries to submit nominations for his successor, with a fast-approaching  deadline of March 23rd. The board has said it will then narrow the nominations to a short list of three, with the goal of naming a new president before the World Bank/IMF spring meetings in April.

What to Do About U.S. Aid to Pakistan -- Nancy Birdsall and Arvind Subramanian

Nancy Birdsall

The debate over U.S. foreign assistance in Pakistan has grown hotter lately, with Stanford political scientist Stephen Krasner arguing in Foreign Affairs that the United States should get tough by threatening to halt aid to Pakistan to force the country into cooperating better on security matters. CGD president Nancy Birdsall responded with an article in Foreign Policy. Drawing on the recommendations of a 2011 CGD study group report, Beyond Bullets and Bombs: Fixing the U.S. Approach to Development in Pakistan, she argued that U.S. development assistance should be focused on helping to create a stable, prosperous Pakistan—goals that are in America’s own best interest and would be ill-served by trying to use the aid as a bargaining chip.

Program-for-Results (PforR) Financing: Current Progress and Next Steps (Event Video)

David Roodman

Program-for-Results (PforR), a new World Bank lending instrument, is one of several innovative approaches to development aid that focus on measurable development outcomes. Proponents argue that PforR will help strengthen institutions, build capacity, and enhance partnerships. Critics contend it may bypass hard-won social and environmental safeguards. This event will include an overview of the approach followed by a panel discussion with aid experts with a variety of perspectives.

What the U.S. Can Do in Pakistan Now – Milan Vaishnav and Danny Cutherell

Owen Barder

U.S. - Pakistan relations, troubled in the best of times, have been unusually rocky of late. A recent cover story in The Atlantic dubbed Pakistan the “Ally from Hell.” CGD’s Study Group on the U.S. Development Strategy in Pakistan argues that the strong U.S. interest in a stable, prosperous Pakistan makes savvy U.S. support for development there more important than ever. In this week’s wonkcast, post-doctoral research fellow Milan Vaishnav and policy analyst Danny Cutherell discuss the recent upsets in U.S.-Pakistan relations and offer practical suggestions, drawn from the CGD Study Group’s report and a recent open letter from CGD president Nancy Birdsall to deputy secretary of state Thomas Nides, which focuses on U.S. support for private sector growth in Pakistan.

Unlocking $1 Trillion for Developing Countries

Evalgap

Lawrence Macdonald, vice president for communications and policy outreach at the Center for Global Development, explains how CGD helped make $1 trillion available to developing countries after the global financial crisis. In the spring of 2009, the participation of developing countries in the global stimulus was made possible at the G-20 summit. But how much money was needed for the most vulnerable countries and where would it come from? Nancy Birdsall, president of CGD, prepared a note stating that they would need access to 1 trillion dollars to cope with the effects of the crisis. Birdsall then put together a blueprint for making the resources available. By channeling the plan to the right people and testifying in front of Congress, CGD helped to unlock the $1 trillion and make it possible for the IMF and World Bank to help vulnerable countries cope with the crisis.  

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