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.

 

Too bad for Harvard!

Too bad for Harvard! Too bad for the elite university system in this country -- which appears to be the last bastion of insider resistance to reform. We at CGD note with regret the resignation of Lawrence Summers, a CGD Board member, from the presidency of Harvard University. I and several colleagues here worked closely with Larry at the World Bank and/or at the U.S. Treasury, where he brought inspiration, a commitment to policy dialogue, and eagerness to listen and build on varying views.

Poverty and Development at Davos: From Celebrity Glitz to Quiet Action

What a difference a year can make! Davos 2005 had Bono and Sharon Stone among other glitterati talking about global poverty and global health, and featured at least three crowded plenary sessions on Africa, aid, AIDs, malaria and more -- with Tony Blair, Gordon Brown, Bill Gates and Jeffrey Sachs. It was 2005: the year of development announcements and commitments.

Davos Dispatch: Clinton's Biggest Worries

In my first dispatch from Davos, I observed that the atmosphere was upbeat. The business community is not worrying much about the dark predictions of the past year. There is, after all, still no collapse of the dollar despite the U.S. trade deficit; interest rates and inflation worldwide are low, and oil price increases are being easily absorbed. India and China are emerging as the new engines of growth and symbols of why market economies work.

Who's here at Davos 2006

Davos is still largely a "Western" event, with the large majority of participants coming from the U.S. and Europe. Among CEOs, there are alarmingly few from Africa, the Middle East and China or even Japan. There are more than before from India, and perhaps a few more from Latin America. But Davos does not look or feel like a truly global forum.

Davos 2006 is surprisingly upbeat

Davos 2006 is surprisingly upbeat -- with much talk of the success of China and India. These are seen as classic cases of the benefits of markets, openness, competition and the entrepreneurship and creativity those business-friendly characteristics can generate. Much less present in the corridors and in sessions is the issue of risks at the global level--whether economic risk for some countries if the commodity boom and low interest rate regime ends--or risks to the global economy (and to the fight against poverty) of a backlash from those who feel left out of the process.

Transformational Diplomacy or Tweaking?

Steve Krasner, Director of Policy Planning Staff at the Department of State, spoke on Transformational Diplomacy on Friday before a standing-room-only crowd at a CGD event (transcript) He argued that the creation of a new Deputy for Development in the State Department reporting directly to the Secretary of State Condoleezza Rice, announced the day before, would strengthen not weaken USAID and thus the effectiveness of U.S. foreign aid programs.

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