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.

 

Is China Losing Interest in Africa?

Last week, the Aluminum Corp. of China, otherwise known as Chinalco, received regulatory approval to proceed with its investment of $19.5 billion in the Australian-based mining giant Rio Tinto, giving the Chinese access to a large and secure supply of iron ore, copper, aluminium and other resources in Australia and Latin America. Is this a signal that China is losing interest in Africa? Or that African governments are becoming disenchanted with their Chinese partners?

Stopping the Emerging Markets Contagion Boomerang

The U.S. rescue package is (rightly) focused on shoring up our domestic financial markets, ground zero in the global credit crisis. Even if this effort is successful, the United States and other global financial leaders cannot ignore the impact on emerging markets. As the crisis has now spread to Latin America, Asia, and elsewhere, we need to ensure that all available tools are used so that the downturn doesn't eventually boomerang back to us.

G8 Summit and Advance Market Commitments

The leaders of the eight most industrialized countries (the 'G8') meet on July 15-17. Development has not been at the top of the agenda for the Russian Presidency, and President Putin is likely to shift the emphasis away from Africa, which took top billing at the 2005 Summit hosted by Prime Minister Blair in Gleneagles.

How to Travel Africa On the Cheap

U2 Front Man Bono and US Treasury Front Man Paul O’Neill may have had a few differences during their Africa tour, but they clearly agree that Africa needs increased market opportunities.

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