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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.

 

To Rebrand America, Unbrand Aid

Bono argues in Sunday’s New York Times that President Obama has already taken major and very welcome steps to “rebrand” America in the eyes of the world. How? By making this statement at the United Nations:

“We will support the Millennium Development Goals, and approach next year’s summit with a global plan to make them a reality. And we will set our sights on the eradication of extreme poverty in our time.”

Could Ex Ante Loan Sanctions against the De Facto Honduran Regime Prevent Illegitimate Debt?

This is a joint posting with Cindy Prieto.

Since the coup ousting Honduran president Manuel Zelaya last June, the international community has responded with strong words and a mix of mostly mild actions. The Organization of American States (OAS) unanimously voted to suspend Honduras when the de facto regime ignored its demand for the immediate reinstatement of Zelaya, and the UN General Assembly has also adopted a resolution denouncing the coup. The United States and European Union have halted some forms of non-humanitarian aid. But despite some calls for action , the United States and other major trade partners have yet to adopt trade sanctions or to freeze the coup leaders' assets.

Gates Foundation Explores Securitizing Aid

Yes that’s right. Securitizing is a bad word nowadays, but in fact it’s a great idea that I’ve written about -- as a wishful dream not a possible Gates-sponsored reality. Yet here it is in a recent Economist article: “Or the foundation might provide insurance against the non-payment of aid promised by a donor, so that a government will know that, one way or another, the money will come.”