Ideas to Action:

Independent research for global prosperity

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.

 

Viewing Africa from Beijing

This past week, a group of researchers and policymakers from Africa, China, Europe and North America gathered at the National School of Development, Peking University to discuss economic development in Africa.  The event was the authors’ workshop for the first edition Oxford Handbook of Africa and Economics. Over 40 papers were presented in parallel sessions on topics ranging from Africa’s underground economy to the economics of malaria and China's investments in Africa.

High-Level Endorsement for Oil2Cash

Donald Kaberuka, the President of the African Development Bank and the leading voice for forward-leaning economic policy on the continent, has come out publicly in favor of paying some portion of natural resource windfalls as a direct dividend to citizens. We’re pretty excited about this policy idea at CGD, and have been thinking through some of the pros, cons, and practicalities of what we call Oil-to-Cash. Watch this space for our Oil-to-Cash book later in 2014.

Bali Deal “Saves” WTO, For Now

The Bali package included agreements to facilitate trade by modernizing customs procedures and to ensure that minimum access for agricultural imports subject to quotas is achieved in practice. On food security, there was, at the end, a resolution of the dispute over a “peace clause” that will allow India to shield its food stockholding program from trade challenges for at least four years.

Who Would Invest in Development Impact Bonds?

Development is a risky, complex business. So it’s not surprising that development experts sometimes question why private investors would choose to invest in Development Impact Bonds (DIBs), a new model for funding and designing programs that address such seemingly unprofitable problems like disease burden or poor education outcomes.

Is Aid a Waste of Money?

At a recent book launch, I was on a panel on which we were asked whether we can show that aid is a good use of public money, if the problems it aims to tackle are complex. I replied with a half-remembered statistic, which (now that I have had a chance to look at the numbers) turns out to have been right. It was this:

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