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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.

 

Ben Leo Testifies on Modernizing the US Approach to Promoting Economic Engagement in Africa

In testimony last week before the Senate Foreign Relations Subcommittee on Africa and Global Health Policy, CGD’s Ben Leo called upon Congress to modernize how the United States supports economic growth in sub-Saharan Africa. The hearing was called to reflect on the progress since the August 2014 US-Africa Leaders Summit in Washington and to address obstacles that continue to discourage greater private-sector engagement in the region.

Volvo Standards and Transformational Infrastructure: Lessons for the Old and New Development Banks

At its founding, a primary function of World Bank was to help developing countries develop the energy, transport and water infrastructure essential for economic development. Half a century later, as the World Bank Country Director for Brazil I saw the products of this – the World Bank funded one major hydropower plant in each of the first ten years that the Bank operated in Brazil, thus helping Brazil build a low-cost energy platform for economic growth in Brazil for the next 50 years.

Nigeria’s Upward Revision of GDP Should Sound Alarm on Tax-to-GDP Ratio

The long-anticipated rebasing of Nigeria’s GDP series was finally made public on Sunday April 6, and the general media reaction has been cautiously celebratory. But the reaction has largely missed one big point: the rebasing establishes that the biggest economy in Africa has the lowest tax revenues of almost any country in the world.