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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.

 

The World Bank Group's headquarters

Congress Spotlights the World Bank’s Private Sector Subsidies

Yesterday, the House Committee on Financial Services held a hearing with US Secretary of the Treasury Stephen Mnuchin on the international financial system. Chairwoman Maxine Waters opened the session with a strong statement on the World Bank’s $2.5 billion IDA Private Sector Window (PSW). Chairwoman Waters raises important concerns with the Private Sector Window that should be urgently addressed.

Wanted: More Women Peacekeepers

Senators Barbara Boxer (D-CA) and Jeanne Shaheen (D-NH) recently introduced a bill that tackles an important subject in global security: the under-representation of women in the world’s security forces and, in particular, United Nations peacekeeping operations. That's a great step, but with a bit more money to provide direct incentives and the support of our allies, the United States might be able to bring the percentage of women in UN Peacekeeping Operations up four-fold.

For the IMF Package in the Omnibus Budget, a Sigh of Relief — and a Warning for the Future

Congress finally gave the administration what it has been asking for on IMF quota reform, and then some. At the same time, Congress didn’t just give the administration the ability to go forward on governance reform that gives more voting power to rising developing countries.  It also included some potentially consequential conditions on its approval. Here we see risks going forward that are manageable but will require some skillful navigation by the next administration.  

Congress Talks MDBs

It was a beautiful, barely-fall Friday in Washington, which made it all the more impressive that twelve members dropped in on a morning House Financial Services Subcommittee hearing on the multilateral development banks (MDBs).

US Food Aid Tragically Failing to Keep Up

With the situation in Syria deteriorating every day, and conflict elsewhere displacing millions more from their homes and livelihoods, desperately needed food aid is falling short. Donor fatigue and budget constraints are a problem worldwide, but reform would allow the United States to help millions more people with the same food aid budget. 

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