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.

 

The CGD Meet-N-Meter Method

This is a joint post with Sandy Stonesifer

Ever wondered why some events at the Center for Global Development are large, drawing more than 200 members of the development community, while others are small and invitation only? Been disappointed to discover that a crucial CGD event is full and you are stuck on the waiting list? Maybe you've wondered: "Why can't they fit in just one more?" In the spirit of transparency, we are pleased to unveil today our new and improved method for meeting planning.

Cash on Delivery Aid…The Book!

Last week was a busy time in Washington for those interested in results-focused approaches to foreign aid, with two major events, one here at CGD and one at the World Bank.

COD Aid, Maternal Mortality, and the G-8—A Good Recipe?

This is a joint post with Katherine Douglas.

One of the exciting things about the Cash on Delivery Initiative is that once people understand the concept, they frequently come up with all kinds of new ideas for applying it. This happened most recently at the CGD-hosted book launch for Cash on Delivery: A New Approach to Aid this week. Within the course of an hour, the conversation shifted from skeptical questions to prospective applications of COD Aid. While the book outlines a proposal for channeling aid to countries that accelerate their progress toward accomplishing the Millennium Development Goal of universal primary completion, people have asked about applying it to water, deforestation, malaria and to another Millennium Development Goal: reducing maternal mortality.

ONE Way to Help Women

Gates and VerveerUnlike World Water Day (March 22nd) or World TB Day (March 24th), International Women’s Day (March 8th) was a hard holiday to miss.  Or at least it was in Washington.  Hundreds of articles, conferences and galas focused on the inspiring women—and men—working to promote and celebrate the social, economic and political achievements of women.  But now that I’ve almost recover

Multilateralism on Currency Issues

This article also appeared in the Business Standard.

Back in 1971, the then US Treasury Secretary, John Connolly, told his European counterparts that the dollar was “our currency, but your problem”. Today, it seems that China has returned that favour. Its currency has become a problem for the US. Not just the politics but the intellectual climate has become charged with even Nobel laureate Paul Krugman urging strong trade action against China. Treasury Secretary Tim Geithner has a damned-if-I-do-damned-if-I-don’t choice facing him in mid-April, when he is required by law to pronounce on whether China is a currency manipulator.

A Development Perspective on China’s Currency—And a Fresh WTO Solution

My colleage Arvind Subramanian published an intriguing Op-Ed in the Financial Times this week. In “The Weak Renminbi is Not Just America’s Problem” Arvind notes that the undervalued Chinese currency is a global problem that requires a multilateral response. He then argues persuasively that neither the United States nor the IMF can be expected to persuade China to revalue its currency. Instead, he says, such action should come from the WTO.

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