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We at CGD warmly welcome president-elect Barack Obama's appointments of Timothy Geithner as Secretary of Treasury and Lawrence Summers to head the National Economic Council. Both are members of the CGD Board of Directors. This is no coincidence.
A subcommittee of the U.S. Congress has just approved a bill that would let modestly more foreign nurses work in the United States. New York Times reporters are concerned that measures like this, by encouraging movement of nurses out of developing countries that need them, could literally kill children.
And now for a really bad idea: according to the Financial Times Michel Barnier, France's farm minister, told a food crisis summit in Berne that Africa and Latin America should adopt their own versions of Europe's Common Agricultural Policy -- massive trade-distorting subsidies -- as a response to rising demand for food.
Yesterday the New York Times profiled Lant Pritchett and sketched his proposal to create 16 million guest-worker jobs in rich countries for people from poor countries. His goal is to help people from very poor places make their lives better.
The sudden resignation on Friday of Ambassador Randall Tobias, the first U.S. director of foreign assistance, stunned staff at the U.S. Agency for International Development (USAID) and the State Department and left the administration’s beleaguered aid reform effort without a leader.
I am pleased to announce the release of the 2006 edition of the Commitment to Development Index. Each year the CDI rates and ranks 21 rich countries on how much their policies help or hurt poorer nations. The CDI assigns scores in seven policy areas (foreign aid, trade, investment, migration, environment, security, and technology), with the average being the overall score.