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

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.

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."

A Report Card for the African Development Bank: Todd Moss

Todd MossWhen Donald Kaberuka became president of the African Development Bank five years ago, he faced daunting tasks, including defining a mission for an institution that many dismissed as irrelevant.

My guest on this week’s show is Todd Moss, vice president and senior fellow at the Center for Global Development. Todd directed a working group that, in 2006, issued six recommendations, three each for bank management and the bank’s shareholder countries. Now, Todd has issued a report card that grades the bank and its shareholders on each of the recommendations.

Todd starts by explaining the basics of how the African Development Bank works. Like other multilateral development banks (notably the World Bank), it uses capital and promises of support by shareholder countries to raise and lend money for development projects, partly at concessional interest rates. During the 2008-09 financial crisis, the AfDB accelerated disbursements to African countries to cushion the impact of the crisis, at the request of the world’s leading donor countries.

The Economics of Child Soldiering: Chris Blattman

nameThis week, I'm joined on the Global Prosperity Wonkcast by Chris Blattman, assistant professor of political science and economics at Yale University and a non-resident fellow here at the Center for Global Development. Much of Chris' research tries to understand what happens after child soldiers return home, with the goal of designing programs that can better reintegrate former combatants into society. He also explores the logic that explains why guerrilla armies in many conflicts use child soldiers in the first place.

Chris has studied extensively the case of the Lord's Resistance Army, a Uganda guerrilla group responsible for some 60-70,000 abductions. Outsiders often despair over the large number of these former child soldiers, calling them a "ticking time bomb".

"That's a very pessimistic view, and it's the dominant view," Chris tells me. "And from what we can see, it's simply not true."

Fighting Corruption in Nigeria: Nuhu Ribadu

Nuhu RibaduCan a few brave souls make a difference in the fight against corruption? My guest on the Global Prosperity Wonkcast this week is Nuhu Ribadu, the former head of Nigeria’s Economic and Financial Crimes Commission or EFCC and a visiting fellow here at the Center for Global Development. Nuhu is working on a manuscript that tells the story of his four years (2003-2007) at the helm of the EFCC during which he won more than 275 convictions and recovered an astonishing $5 billion in stolen assets.

Nuhu explains the circumstances that led Nigeria to create the EFCC, starting with the 1999 democratic elections, the first in 16 years. The new president, Olusegun Obasanjo, had campaigned on an anti-corruption platform. The September 11, 2001 terrorist attacks provided an additional push, heightening international awareness of the illicit financial flows that enable terrorist networks and political corruption alike. As a result, in late 2001 Nigeria found itself on an international blacklist of countries that enable money laundering, a list maintained by the independent Financial Action Task Force. It took nearly two years for Nigerian officials to realize they were on this black list and take action to get off of it. When they finally acted, they created the EFCC, a new office charged with cracking down on money laundering.

Getting Aid Right in Northern Uganda—Interview with Julius Kiiza

Julius KiizaI'm joined on the Wonkcast this week by Julius Kiiza, a visiting fellow here at the Center for Global Development. Julius is an associate professor at Makerere University in Kampala, Uganda and is spending time at CGD on a grant from the Canadian International Development Research Center. His research addresses the prospects for aid effectiveness and development in northern Uganda.

Julius tells me that northern Uganda has presented a difficult paradox for aid donors. For years, the country as a whole has been touted as a success story, and a potential model for other developing countries. It boasts one of the fastest rates of economic growth in all of Africa and has cut poverty nearly in half since 1992. However, Julius explains, the north of the country has made very little progress during that time. While the national poverty rate is around 30%, the poverty rate in the north is still around 60%.

Fragile States: Development in the World’s Basket Cases

My guest this week is Vijaya Ramachandran, a senior fellow here at the Center for Global Development. Vij directs the Center’s research on fragile states—countries where, often due to recent or ongoing conflict, the basic functions of government are weak or nonexistent. These states present special challenges to aid donors and practitioners, both in planning how to give aid effectively and in delivering it.

Vij explains that learning how to respond to state fragility will hold benefits for development even in more functional states. “”We certainly have a set of countries that are a complete puzzle to policymakers, to development practitioners, to the foreign assistance community,” she explains. “But there are other countries that have weaknesses within them, elements of fragility. They might not be fragile overall, but they may have certain areas that are in need of assistance, or they may at different points in time present as cases that are representative of very weak states.”

CGD Special Discussion with David Gergen on Obama's Global Development Policy (Event Video)

Director of the Center for Public Leadership at the John F. Kennedy School of Government at Harvard University, editor-at-large at U.S. News & World Report, and a senior political analyst for CNN, David Gergen joined CGD president Nancy Birdsall, and CGD senior fellows who authored essays in our recent book, The White House and the World: A Global Development Agenda for the Next U.S. President, for a lively discussion of the prospects for improved U.S. development policy under President Barack Obama.