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The Chinese government has published the Asian Infrastructure Investment Bank’s (AIIB) newly adopted articles of agreement. That’s an encouraging early sign of transparency, and more importantly, of timely transparency. Much of what’s in the articles was foreshadowed by previous comments and reporting, but there are surprises, such as stronger-than-expected veto powers for the Chinese and the possibility for non-sovereign membership.
Nancy Birdsall has given us her five wishes for the Financing for Development conference in July — and I agree with them all. I would say this even if she were not my boss. But all of her wishes are about how we can generate more and better financing in the cause of development. I think we need to do better than that.
We are delighted to see that Nora Lustig, a CGD non-resident fellow and head of the Tulane University Commitment to Equity Institute is one of eight distinguished economists appointed to the core group of a new Global Poverty Commission announced this week by World Bank Chief Economist Kaushik Basu.
A new report examining independent learning assessments in developing countries shows that while they produce robust measures to date they have done little to improve the quality of learning. Growing awareness of the sorry state of education is necessary, but it is far from sufficient to spark change.
Here at the Center for Global Development we’re concerned with how the practices of rich countries affect developing countries. So with Brazilian President Dilma Rousseff visiting President Obama this week, it’s a natural time to ask, who gets invited to White House State Dinners and who gets left out in the cold? It turns out that Europe and Latin America get wined and dined, while Sub-Saharan Africa has gotten snubbed. So, for that matter, has Southeast Asia.