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.

 

Does It Matter Who Runs the World Bank?

With Robert Zoellick’s announcement that he will step down from the World Bank presidency at the end of June, now comes the question of who his successor will be, particularly whether it will be an American.  Just a few days ago I commented on the awkwardness of the situation for the White House.

World Bank Results Initiative: The U.S. Should Support It – But with Independent Verification Please

For more than two years, the staff of the World Bank have been developing a new lending instrument that would link financing to measurable results within countries. If approved, it would be the third instrument at the World Bank; the two that exist now are “investment loans” under which inputs, not results, are financed; and policy based loans, under which policy changes are financed.

Can the World Bank Pay for Results or Will Critics Make It Impose Conditions?

Recently my colleague Alan Gelb and I attended a consultation at the World Bank’s annual meeting of its proposed “Program-for-Results” (P4R) policy. This is a remarkable step for the World Bank – the first time in 30 years that it is proposing a significantly new lending instrument. For now, the Bank can disburse funds to clients for expenditures on inputs (investment loans) or when those clients have enacted policies (policy loans).

A Constitutional Moment: Oil2Cash in the Arab World

It is thrilling to watch the overthrow of despots and dynasties as people power erupts across the Arab world. But the headiness of the moment can only lead to durable political change and meaningful economic progress if the new governments that emerge find a better way to handle oil revenue and other easy money (rents, in econo-speak) that have corrupted the outgoing regimes.

Ten Zero-Cost Ideas for Development Progress in 2011

A new year calls for a development policy wish list.  My wish list is about what the rich and powerful global actors– mostly but not solely in the United States – can do to improve lives among the poor and vulnerable around the world in the coming year.

UNESCO’s Decision to Accept Money from One of Africa’s Worst Dictators is Outrageous

This posting is joint with Julia Barmeier

According to its website, the United Nations Educational, Scientific and Cultural Organization (UNESCO) has stopped accepting nominations for its UNESCO-Obiang Nguema Mbasogo International Prize for Research in the Life Sciences. But we are guessing that the applicant pool remains quite small. Frankly, who would want his or her name affiliated with one of Africa’s worst dictators? Besides UNESCO, that is.