Ideas to Action:

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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.

 

Post-2015: A $1 Trillion Financing Package?

A $1 trillion financing partnership to support ending extreme poverty, stopping avoidable child deaths, and meeting other widely supported post-2015 development goals sounds far-fetched.  But improbable action is what will be needed if we’re going to come close to making such historically unprecedented progress.  Indeed, delivering on proposed zero goals is going to take a broad and deep global partnership that’s about far more than aid.

Why Are Development Agencies Giving up on Development?

The World Bank has decided to make this problem – the divergence of the organization’s rhetoric on “extreme poverty” and their clients’ desire for support in their national development agendas – even worse. They have announced that their goal is to “eradicate extreme poverty” (while only “monitoring” the income of the poorest 40 percent in each country—but with no goal).