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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.

 

Templeton Foundation's Next Big Question Should Be: "How Can the Rich World Do Better?"

The Templeton Foundation's ad in Sunday's NYTimes, and the associated postings on the foundation's Web site asked "Will Money Solve Africa's Development Problems?" A quick glance at the distribution of answers is bound to cause some chagrin in the development aid world. Of the eight men asked, two said "yes," five said "no" or "no way" or "I thought so" (which I took as a 'no") and one hedged his bet with "only if."

Washington Post Editorial Gets it Wrong on the Volcker Report on Corruption and the World Bank; Financial Times Does Better

A Washington Post editorial today ( A Fight Over Corruption ) says that the new report by former Federal Reserve chairman Paul Volcker on the effectiveness of the World Bank's anti-corruption department, (the Institutional Integrity Department or INT)) "reserved its toughest language for the bank bureaucracy itself." The editorial then quotes from the report:

Zoellick Approved As Next World Bank President: What Challenges Ahead?

Yesterday Robert Zoellick was elected by unanimous vote by the Board of the World Bank to become its next president. He now assumes The Hardest Job in the World, as we called it in a 2005 CGD report to the then-incoming president, Paul Wolfowitz. Mr. Zoellick is an avid reader -- and absorbs ideas and issues like a sponge. This bodes well for the Bank and for Bank staff. Informal meetings he has had with officials around the world, activists, and Bank watchers in Washington's leading think tanks indicate Mr.

President Bush in Latin America: Democracy, Social Justice and a Dollop of Aid

President Bush is going to Latin America, and that has inspired a round of commentary in the mainstream press. A New York Times editorial urges the President to focus on democracy, human rights and social justice, and applauds the recent doubling of U.S. aid to the region. Democracy and social justice and a dollop of aid (the current budget of $1.6 billion is barely 1 percent of spending by Latin governments on health and education) are good things.

Two More Challenges for Mr. Wolfowitz

In Tuesday's editorial on "Mr. Wolfowitz and the Bank", The New York Times referred to three issues that need his leadership:

"giv[ing] more of a voice to less wealthy and poor countries;…find[ing] new ways to mobilize private sector financing; [and] addressing global challenges like epidemics, sustainable energy and post-conflict reconstruction."