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.

 

Unlocking $7.5 Billion for the World's Poorest Countries

According to the World Bank, the global economic crisis may force donor governments to slash their aid budgets by up to 25 percent. If true, that would translate into a draconian cut of $30 billion. Red ink as far as the eye can see, long unemployment lines, and continued uneasiness in Europe could force donors to unsheathe the budget axe. Even if the World Bank is wrong, the years of historic aid increases are long gone. This couldn’t come at a worse time for developing countries and multilateral aid agencies.

Mo Governance in Africa? Not This Year (Again).

Is African governance getting better? The Mo Ibrahim Foundation seems to be having a tough time finding winners for its prize for retiring African presidents. The prize, designed to strengthen incentives for African leaders to relinquish office when their terms end, consists of US$5million over 10 years and US$200,000 annually for life thereafter. After giving the award to Mozambique’s Joaquim Chissano in 2007 and Botswana’s Festus Mogae in 2008, they decided no one deserved it last year.