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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.

 

What Does It Mean to Be Low Income?

Andy Sumner and I recently wrote about the fact that the number of low income countries in the world is rapidly shrinking –which is great news because it suggests poor countries are getting richer.  But how much does graduating to ‘middle income’ mean?  Here’s how the original income classification came about, according to the World Bank’s website:

The World Bank as a Foundation? Why I’m Scratching My Head Over the World Bank’s New Vision

Rapid changes in the world, especially the remarkable growth of so many once-poor countries and the revolutions sweeping across North Africa and the Middle East, will have tremendous consequences for institutions like the World Bank.  The Bank-Fund Spring Meetings start next week and it’s a chance for shareholders and Bank management to check-in and throw issues on the table.  Among the many big trends and questions about the future of the Bank, here are a few on my mind:

On Sudan Debt: Devil Is in the Details

This is a joint post with Wren Elhai.

What everyone was expecting is now official. On July 9th, South Sudan will become the world’s newest country. But while the date is certain, there are still plenty of details to be worked out. There is no deal as of yet on sharing Sudan’s oil wealth, or on its nearly $40 billion in external debt. Successful resolution of the debt issue acceptable to both north and south and the international community is crucial to the success of the new nation and to avoiding a resumption of the long and bloody civil war.

COD Aid Called Radical and Refreshing

In a refreshing discussion of COD Aid that’s what Andrew Rogerson calls our idea.  Rogerson is an experienced player in aid delivery, having been at DfID and the OECD/Development Assistance Committee.  His smart summary covers the latest news, including a pilot of COD Aid for Ethiopia being planned at DfID.  It is smartly presented (as in COD implies for the recipient “no free lunch”), with an eye on the practical questions sponsors of COD Aid face.