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

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.

The Race Against Drug Resistance

A short film tells the story of Khalifa, a nurse in Ghana who contracted typhoid. She takes one drug and then another—each more expensive than the last—but still she isn’t well. The film uses expert interviews and animation to explain why drug resistance threatens us all—and what we can do about it.

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.

Satish Chand on the Challenges of Small Island States

Especially during the hot summer months, some of us might daydream about packing up and relocating to a small tropical island somewhere in the Pacific. From a development perspective, however, small island states face unique challenges—most obviously from rising sea levels, but also from the economic dynamics created by their small size and isolation. My guest this week is Satish Chand, a visiting fellow here at the Center for Global Development and a native of Fiji. On this week’s Wonkcast, we discuss a range of issues that affect small island nations, as well as Satish’s research on the effects of migration on human capital in Fiji.

Surprisingly, Satish tells me that nations surrounded by ocean share many of the problems of small landlocked countries. “Being landlocked impedes trade and communication just as much as being out there in the ocean,” Satish explains. Small populations and limited available land also make it difficult for these states to take advantage of economies of scale in providing basic services to their citizens.

How the G-8 and G-20 Fared on Development: Liliana Rojas-Suarez & Sarah Jane Staats

Sarah Jane Staats and Liliana Rojas-SuarezLeaders of the world’s largest and richest countries met over the weekend in Ontario, Canada. What did they accomplish? This week on the Wonkcast, I’m joined by two guests: CGD Senior Fellow Liliana Rojas-Suarez and Director of Policy Outreach Sarah Jane Staats. We examine the statements released by the two groups—looking specifically at what they have to say about several key policy areas for global development.

Listen to the Wonkcast to hear our conversation. Among other topics, we discuss:

  • What President Obama’s G8 announcement on his administration’s development strategy means for the U.S. aid reform agenda.
  • The significance of the G20’s release of a set of principles for financial inclusion.
  • How the headline issues of financial stability and regulation might affect emerging countries.
  • What was said (and wasn’t said) in Toronto on expanding trade, especially for the world’s least developed countries.
  • What role an announced G20 Working Group on development might play in the run-up to the next G20 summit this fall in Seoul, South Korea.

The Gulf Gusher & Africa’s Offshore Oil Boom: Todd Moss and Vijaya Ramachandran

Todd Moss & Vij RamachandranAs the BP well in the Gulf of Mexico continues to spew thousands of barrels of oil each day, media attention has been focused on the toll on nearby economies and ecosystems and on the U.S. political response. On this edition of the Global Prosperity Wonkcast, we look beyond the Gulf of Mexico to explore what implications America’s biggest environmental disaster might hold for the new offshore oil boom getting underway in Africa.

My guests are Vijaya Ramachandran and Todd Moss, both senior fellows here at the Center for Global Development.

Does the European Crisis Matter for Latin America? What Is the Appropriate Policy Response? (Event video and audio)

Latin America may be quite vulnerable to events in Europe. Beyond the risk that a deep crisis in Europe may result in double dip recession in advanced economies with deleterious global implications, Latin America's trade and financial channels with Europe are large and growing. On the other hand, as in the 1970s, capital flight from advanced economies (especially Europe) could mean more capital flowing into Latin America, offering at least a temporary relief from real sector shocks. The Latin-American Shadow Financial Regulatory Committee (CLAAF) met to address the following issues:
• Under what international scenarios will economic and financial stability in Latin America be compromised?
• Could financial systems in the region withstand a crisis in Spain's banking system?
• Is the recovery in the region sustainable or just the result of temporary capital inflows?
• How should the region's policymakers respond to current vulnerabilities? Is now the time to consider capital controls?
• In light of the recent international experience, should the role of central banks in the region be revised, and should financial regulation be reformed?

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