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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.

 

New Structural Economics: Industrial Policy 2.0 or Same Old Structuralism?

This is a joint post with Julia Clark and Christian Meyer.

Industrial policy—as many have already commented—is back. (See here, here and here).

The recent wave of post-financial-crisis interventionism has reignited the classic (and often heated) debate about whether governments can in fact nurture economic growth. Previous analysis of the East Asian miracle, and frustration at the perceived failure of certain liberalization policies, has led many to (again) embrace a more activist role for governments in economic development.

A Challenge for Jim Yong Kim, New President of the World Bank—What to Do in Fragile States?

This post is joint with Ross Thuotte

Today, the World Bank announced that Jim Yong Kim will be the institution’s next president. As the dust settles from the leadership selection debate, the focus will necessarily shift to the issues that confront Kim and the world’s leading development institution. One of the most difficult and important questions is: how can the bank more effectively engage in fragile and conflict-affected countries?

World Bank Executive Directors: Show Us Your Scorecard

The World Bank’s Board committed itself in April 2011 to choosing its next president through an "an open, structured, deliberate process.”   Currently there are nearly unanimous calls for the selection among the existing three nominees to be based on an “open, transparent, competitive and merit-based” process.  Unfortunately the “smart money” in the world’s capitals still believes that the selection among the three nominees:  Jim Yong Kim, Ngozi Okonjo-Iweala, and Jose Antonio Ocampo, will be driven exclusively by power politics.

CGD and Washington Post to Host Sessions with World Bank President Candidates

It matters a lot who runs the World Bank and it matters how the president is selected. So it’s heartening to see the reforms to the World Bank leadership selection process making a difference this time. Multiple candidates have been nominated. Three will be interviewed by the bank’s executive board next week. For the first time since the bank was created in 1944 there is competition. The process is also more open than ever before.