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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.

Views From The Center Blog

 

G-20 Brisbane Showing Cracks in Infrastructure Agenda

As we approach the G-20 Leaders Summit in Brisbane, it is worth giving credit to Australia for its robust presidency, and particularly the attention paid to the G-20’s development agenda. Sandwiched between the Russian and Turkish presidencies—countries considerably more controversial these days in the West—Australia faced the difficult task of generating sufficient goodwill among the membership within a year to make some progress on a sprawling work plan.

At Long Last, A Paris Club Deal with Argentina. But What Will Congress (and the Lobbyists) Think?

In the world of sovereign debt workouts, the relationship between Argentina and the Paris Club has tended to look like Lucy, Charlie Brown, and the football. Time and again, Argentina (Lucy) would earnestly declare interest in striking a deal to repay its debt to club creditors only to pull back at the last minute. So imagine everyone’s surprise at this week’s announcement that Charlie Brown finally got to kick the football.

It’s Spring Meeting Time in Washington, and the World Bank’s Finances Have Never Looked Better. Time for a Bank Resource Review.

The World Bank’s governors will meet this weekend to check in on president Jim Kim’s ambitious reform agenda. Anticipating the weekend’s meetings, the bank has rolled out a series of measures through press releases and speeches over the past two weeks, including the announcement of new global practice leaders, a set of financing measures to boost the bank’s lending capacity, and a completed IDA-17 replenishment agreement.

Carrots for Ukraine, Sticks for Russia: What the International Financial Institutions Can Do in Response to Crimea

The IMF, World Bank, EBRD, and the European Investment Bank have all emerged as significant players in the dramatic events in Ukraine in recent weeks. The Obama administration has very visibly sought to educate Congress on the central role of the IMF in helping to shore up the country’s shaky economy. And the three development banks have figured prominently in press releases coming from the European Union and the United States as a demonstration of the international community’s support for Ukraine’s interim government.

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