With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
The board of the Millennium Challenge Corp. – the Bush administration’s flagship foreign aid initiative – met on Tuesday to decide which countries had been selected for participation in the program. Of the 34 countries that passed the performance indicators, the Board chose to add only 6 new countries to its current list of 17 eligible for MCC funding. Two of the six - El Salvador and Namibia - are lower middle income countries, with average incomes much higher than the countries previously covered by the program.
U.N. Secretary General Kofi Annan declared 2005 the “Year of Microcredit” to raise international awareness of the potential for tiny loans to help the poor. On Monday and Tuesday, I attended one of the final activities pursuant to this declaration, a conference in the basement of the U.N. building called the Forum on Building Inclusive Financial Sectors.
Jenny Lanjouw, a non-resident Fellow of the Center for Global Development, died on Tuesday.
Jenny was an inspiration and a friend. She fought poverty with passion and a brilliant mind. One of her legacies will be her ingenious proposal to increase access to drugs in developing countries.
Andrew Natsios, the Administrator of USAID, put the politics of US food aid back on the agenda when he proposed converting a quarter of the food aid budget to cash instead of directly procuring commodities in the US. For 50 years, the farm bloc, large multinational food processors, the US shipping industry, and charitable organizations engaged in relief and development activities in poor countries have supported generous funding for America’s food aid program.