Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Five Innovations at the AIIB

We visited the AIIB a few weeks ago, and heard more about the emerging AIIB model: What is likely to be the same—as at the five big legacy banks (the World Bank and the four regional development banks) and what is likely to be different.

The World’s Most Profitable Slow-Motion Disaster: Tobacco

In April, I attended a very hopeful event sponsored by the World Bank entitled, “Tobacco Taxation Win-Win for Public Health and Domestic Resources Mobilization.” My optimism was buoyed by seeing people from different ministries, disciplines, and perspectives all recognizing the need to raise tobacco taxes and sharing ideas on how to reduce the death toll from smoking. Then the bubble burst. I got home and saw a Wall Street Journal article about the increasing profitability of cigarette corporations in the US domestic market—a reminder that, unbelievably, we are still on the defensive against this large, growing, and completely avoidable disaster.

Please, Can You Help Me Understand IDA's New Private Sector Window?

The World Bank’s soft lending arm for poorer countries, IDA, is busy rolling out a new $2.5 billion Private Sector Window. (See last year’s outline proposal for reference.) Bigger private sectors in IDA countries would be hugely welcome, so there is much to like in the broad thrust of the proposal, as suggested by Nancy Lee. But I’m left a little baffled by the details, and would love some reactions as to what I’m missing.

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