CGD's weekly Global Prosperity Wonkcast, event videos, whiteboard talks, slides, and more.
My guest on this week’s Wonkcast is Nigel Purvis, CEO of Climate Advisors, a visiting senior associate at CGD, and the co-author of a new CGD report “Energizing Rio+20: How the United States Can Promote Sustainable Energy for All at the 2012 Earth Summit.” We spoke last Friday following the launch of the report at a CGD event that concluded with a keynote address by UN Secretary-General Ban Ki-moon.
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.
In recent years the idea of strong health systems as a component of population health has been noted by both global health donors and national governments alike. Consequently, the question of how to measure the effectiveness of health systems interventions has become ever more pressing. But it remains unclear if efforts to assess health systems are providing enough information to establish a link between investments and improved health outcomes. How do we know if increased investments in the sector are creating the desired impact? This panel discussion will explore the linkage between health system strengthening activities and improving health outcomes and provide a platform for determining the efficacy of health systems investments. Panelists will address methodologies for analyzing health systems, beyond a mere compilation of indicators, and will explore innovative methods to measure health system performance.
José Antonio Ocampo presented his vision for the future of the World Bank at an event organized by CGD and Washington Post Live.
My guest on this week’s Wonkcast is Justin Sandefur, a research fellow at CGD whose recent work has focused on education in Kenya. One study examines the returns of private schooling, while another looks at the effects of contract teachers on student test scores. The results of these studies highlight shortcomings in public education, including failures of accountability and a dense bureaucracy.
Ngozi Okonjo-Iweala presented her vision for the future of the World Bank at an event organized by CGD and Washington Post Live, urging that the selection of the next president be based on merit. A second event will be held on Tuesday afternoon with José Antonio Ocampo.
Johnny West is a man of many talents. An expert on oil, civil society, and governance in the Middle East who works as an advisor to the UNDP, he is fluent in Arabic, spent more than two decades in the Middle East as a journalist for Reuters, and has just published a highly readable book recounting his journey through the Arab Spring. On this week’s Wonkcast, we catch him between his travels to discuss a new working paper he’s written for CGD: Iraq’s Last Window: Diffusing the Risks of a Petro State. Johnny’s experience in the Middle East makes him think that the region just might be ripe for an Oil 2 Cash revolution that could help foster improvements in governance and reduce poverty.
Most Wonkcasts focus on CGD’s research and policy work. This one is different. My guest is Owen Barder and our topic is CGD itself, specifically the effort that Owen is leading to greatly increase the Center’s engagement in Europe. Owen, a CGD senior fellow and director for Europe, previously worked for CGD on our Advance Market Commitment initiative, which led to a $1.5 billion pilot commitment to purchase and ensure delivery of new vaccines to prevent pneumococcal disease. He subsequently spent two years in Ethiopia and recently resumed working for CGD, based in London, to strengthen the Center’s ties with the European development research and policy community. [Note: Owen continues to maintain his own excellent blog, Owen Abroad and to host occasional podcasts, Development Drums; these are also now available on the CGD Website multimedia page.]
The U.S. political environment has changed significantly since 2007 when President Obama promised to double U.S. foreign assistance. As the 2012 election cycle presses on, cutting the budget and reducing the deficit are on the minds of many. What does this mean for U.S. foreign assistance?
My guests on this week’s Wonkcast, Connie Veillette, CGD’s director of the Rethinking U.S. Foreign Assistance Program, and John Norris, executive director of the Sustainable Security and Peacebuilding Initiative at the Center for American Progress (CAP), have a blueprint for making U.S. foreign assistance more focused and effective amid budget austerity.
In the summer of 2008, the Congress-led government of India released five members of Parliament from jail to support the government in fending off a close no-confidence vote. The five politicians – all indicted for or convicted of murder – cleaned up, cast their votes, and returned to jail the next day.
The preponderance of suspected criminals among Indian politicians is no secret. In a country where one-of-four members of Parliament is under criminal indictment, anecdotes such as this are not uncommon. My guest on this week’s Wonkcast, CGD post-doctoral fellow Milan Vaishnav, was inspired by this story to study criminality among Indian politicians for his forthcoming Ph.D. dissertation. He reached some surprising conclusions.
Conventional wisdom has it that when the United States catches a cold, Latin America gets pneumonia. But when the United States caught financial pneumonia in 2008, Latin America escaped with little more than a cold. What’s changed?
In this week’s Wonkcast, CGD senior fellow Liliana Rojas-Suarez explains why Latin America was mostly successful in coping with the fallout from the 2008 global financial crisis and she introduces a new methodology for predicting how countries will fare in the next global financial crisis. Our conversation draws on her new working paper, Credit at Times of Stress: Latin American Lessons from the Global Financial Crisis, written jointly with Carlos Montoro of the Bank for International Settlements (BIS).
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.
In this interview Liliana Rojas-Suarez argues that for a true and lasting solution to the Greek crisis to occur, a deeper restructuring of sovereign debt is needed (one that is based on the country's capacity to repay, and not on arbitrarily-determined goals for debt ratios; i.e. 120% debt/GPP by 2020) . Since the likelihood of key Eurozone members (especially Germany) to agree on further debt restructurings (including ECB’s holdings of Greek debt) is very low, the most likely scenario is still one where Greece leaves the Eurozone. This would allow for a depreciation of the domestic currency to boost competitiveness. In this scenario, it is essential a re-design of the IMF program to include the avoidance of a banking crisis (which could occur if banks' borrowers, earning' income denominated in a depreciated currency, are not able to make good on payments on Euro-denominated loans).
Tim Harford, a journalist at the Financial Times and author of The Undercover Economist and Adapt: Why Success Always Begins with Failure, talks about the implications for development of his idea that successful complex systems emerge from a process of trial and error.
Development Drums is hosted by Owen Barder and produced by Anna Scott at the Center for Global Development in Europe.
The UN is gearing up for discussions about what international development goals should come after the Millennium Development Goals (MDGs), which expire in 2015. My guest on this week’s Wonkcast is CGD senior fellow Charles Kenny, who recently published a working paper, written jointly with CGD visiting fellow Andy Sumner, that assesses the impact of the MDGs and offers suggestions for what should come next.
We start with a brief review of the history of the MDGs, which were adopted in 2001 by the UN General Assembly and cover eight areas of development, such as reductions in poverty and hunger, and improvements in gender equality, education, and child and maternal health.
In August 2001, when the Bush administration and key leaders in Congress were readying the plans for a sweeping overhaul of America’s troubled immigration system, filmmakers Shari Robertson and Michael Camerini were there to record history in the making—negotiating exclusive access to document the lives and strategies of the principal players. The resulting “Grand Bargain” promised to change the lives of tens of millions of immigrants and affect every citizen and every state in the union. Its eventual failure offers lessons for what a future, successful bargain might look like.
Robertson and Camerini join Esther Olavarria, a key player in the film series, and CGD senior fellow Michael Clemens, for an exclusive look at never-before-released scenes and a discussion on lessons-learned from the “Grand Bargain” era, pointing to what is possible for future, bi-partisan immigration policy.
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.
When a poor country finds oil, bad things often get worse. Countries rich in extractable natural resources, especially oil, frequently suffer from crummy governance, high poverty, endemic corruption and conflict. Is it possible to beat this oil curse? My guest on the Wonkcast this week, Todd Moss, CGD vice president for programs and senior fellow, says yes. He argues that a government that transfers some or all of its oil revenue to citizens in a universal, transparent, and regular taxable payment, could strengthen the social contract, fight corruption, and lay the foundation for future prosperity.