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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.

 

World Bank Caucus Launched on the Hill

The U.S. Congress launched a new bipartisan Caucus for Congressional-World Bank Dialogue at a packed event on Capitol Hill July 16. The caucus, co-chaired by Kevin Brady (R-TX) and Betty McCollum (D-MN), provides a forum for members of Congress to engage the World Bank, parliamentarians and policy experts on poverty reduction, global development and trade.

Kofi Annan's Unusual Approach to the Crisis in Zimbabwe

In today's Financial Times, former UN Secretary-General Kofi Annan makes a strong case for collective action on the situation in Zimbabwe. Mr Annan argues that "if the government, which many claim to be the author of violence, cannot ensure a fair vote, Africa must hold it accountable. The victor of an unfair vote must be under no illusions: he will neither have the legitimacy to govern, nor receive the support of the international community."

House Committee Tells U.S. Treasury to Heed Calls for Redesign of Clean Tech Fund

Controversy over the World Bank's proposed design for a multibillion dollar Clean Technology Fund (CTF) reached a House subcommittee last week. When the hearing ended, Rep. Luis Gutierrez (D-IL), the chairman of the subcommittee, voiced support for CGD senior fellow David Wheeler's scenario for a successful fund. Wheeler had urged that the CTF be redesigned to rapidly drive down the price of zero-emissions renewable power so that it becomes cheaper than electricity from coal and other fossil fuels -- thereby helping to avert a climate disaster.

Be Careful What You Wish for: Fighting Corruption Is Good, But Not If It Means Stopping Development Assistance

Senators Lugar and Bayh are again on the anticorruption warpath. Yesterday they issued a press release calling for "a Government Accounting Office (GAO) probe of the World Bank's anticorruption efforts." They want to make sure that the U.S.'s $950 million contribution to the International Development Association is not being "misspent and enriching corrupt foreign regimes." Certainly sounds reasonable, but is this really the right focus for a review of World Bank operations?

InterAction Forum Brings a Dose of Political Realism (and Optimism) to 21st Century Foreign Assistance Efforts

Hundreds of development advocates gathered in Crystal City last week for the annual InterAction Forum urged a fresh effort to bring U.S. foreign assistance efforts into the 21st century.
At a luncheon plenary session during the conference, Congresswoman Betty McCollum (D-MN) summarized:

Foreign assistance is more important to America's national security and foreign policy than ever before. But our Cold-War mechanisms aren't up to the challenge.

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