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.

 

EBRD Raises the Bar for International Appointments

On Friday evening, the governors of the European Bank for Reconstruction and Development   (EBRD) selected a new president: British civil servant Sir Suma Chakrabarti. The decision is important because the EBRD has recently taken on a major global challenge: assisting the countries of the Arab Spring.  It also matters because the selection process raised the bar for open, transparent and merit-based leadership selection at other international institutions, including the World Bank, IMF and the other regional development banks.

Interviews with EBRD Candidates

On Friday the Governors of the European Bank for Reconstruction and Development (EBRD) will decide who will be the Bank’s next President.  Today we are publishing interviews with four of the candidates.

CGD Europe Asks: Who Should Be the EBRD's Next President?

The European Bank for Reconstruction and Development (EBRD) will appoint its next president in ten days, after months of deliberation. Many in the international development community are pushing for the process to be open, transparent and merit-based--a rallying cry you'll recall from the recent World Bank presidential selection process. On behalf of CGD Europe, We've invited each of the five EBRD presidential candidates to join me for podcast interviews on their vision for the bank's future.

New Structural Economics: Industrial Policy 2.0 or Same Old Structuralism?

This is a joint post with Julia Clark and Christian Meyer.

Industrial policy—as many have already commented—is back. (See here, here and here).

The recent wave of post-financial-crisis interventionism has reignited the classic (and often heated) debate about whether governments can in fact nurture economic growth. Previous analysis of the East Asian miracle, and frustration at the perceived failure of certain liberalization policies, has led many to (again) embrace a more activist role for governments in economic development.