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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.

 

Flailing IMF? Who Is Really to Blame?

Last week our CGD and Peterson Institute colleague Arvind Subramanian called on the IMF to speak truth to power, in an elegant cri de coeur in the Financial Times. The IMF, he notes: “has not provided independent intellectual leadership, most evidently on the eurozone crisis. And it is unprepared to provide stability for the next big global crisis.”

Latest AGOA Delay Comes from a Surprising Source

This is a joint post with Jenny Ottenhoff.

Last month, one of us wrote that Congress seemed to have compromised and reached a bipartisan deal to extend the rule (known technically but awkwardly as the third-country fabric rule) that allows poor African countries to export clothing to the United States duty-free under the African Growth and Opportunity Act. We should have known better. This week, Senate Majority Leader Harry Reid (D-NV) was finally ready to bring a package of trade items, including the rule extension, to the floor for passage by unanimous consent when two senators put holds (subscription required) on it over completely unrelated issues – despite the fact that they actually support the extension.

Massive Corruption Revisited: The Value of Portfolio Estimates

Corruption in aid programs is a cyclical topic. Every scandal generates headlines, political reaction, tighter controls and then, usually, silence until the next scandal erupts. Such cycles are not helpful and we never really find out if such corruption is large and systematic or small and isolated.

Europe Development Digest: How to Get It

The small CGD team in Europe tries to keep abreast of what is going on in development policy around Europe, for our own benefit and to share with CGD colleagues.  We thought others might be interested to receive our weekly digest of up to a half dozen stories which have caught our eye.

Time to Take Nyet for an Answer—and Move On

For the third time in recent months, Russia, supported by China, blocked United Nations action to put additional pressure on Bashir Assad and help end the violence in Syria. A UN Security Council resolution is the preferred way to go. But if that is not possible, preemptive contract sanctions can tighten the squeeze on Assad without the cooperation of Russia and China.

World Bank President Jim Kim on Climate, Global Public Goods

World Bank president Jim Kim delivered a speech and responded to questions today at Brookings in his first public event since taking the helm at the world’s top development organization on July 1.  He struck me as thoughtful, well-informed, articulate and dedicated to multilateralism and the bank’s mission of reducing global poverty. You can see his speech and the Q&A here.

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