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Nigeria is proposing to transfer a 10 percent stake in the national oil company to delta communities; citizens of the delta would then be entitled to cash benefits, delivered through a trust-type mechanism. Read about it here.
That would be a real live breakthrough on a good idea proposed in CGD papers for Iraq and Ghana.
What would Barack Obama be like if he was still president in 2051? We would expect that despite whatever initial good intentions, that four decades in power would inevitably give way to entrenched corruption, mindless sycophancy, and probably destroy our democracy. Such an outcome is not only barred by the U.S. constitution, but sounds like an absurd question today.
Last month I blogged a New York Timesinterview with Dambisa Moyo, whom the paper aptly dubbed the "Anti-Bono." A youngish woman who grew up in Zambia and holds degrees from Harvard and Oxford, she launches a frontal assault on foreign assistance in her new book, Dead Aid. For her, ODA is DOA.
The following commentary originally appeared on the impressive new global news site, GlobalPost
The world has colossal expectations for incoming President Barack Obama and for changes in U.S. foreign policy. However, the new administration’s approach to Africa will almost certainly be marked more by continuity than change. And that's good news for Africa -- and America.