With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
CGD President Nancy Birdsall praised the intent of new legislation (S. 2166) to expand debt relief to additional poor countries, but cautioned against the bill in its current form last week at a Senate Foreign Relations Committee hearing. She urged the U.S.
Rep. Howard Berman, chairman of the House Foreign Affairs Committee, opened the first of a series of hearings on foreign assistance reform with a bold statement last Wednesday calling for major overhaul of the system. Says Berman:
I was of two minds as to whether or not to join in the analysis of Suharto's legacy, but I decided that I cannot let stand some of what I have read about Suharto, Indonesia's strongman president for 31 years, who died on Sunday at the age of 86. For those who don't know me: I was the World Bank's country director in Jakarta from 1994 to 1999. I was present during Indonesia's financial crisis and when Suharto was forced out of office in May, 1998.
Suzanne Rich Folsom, the controversial head of the World Bank's internal anti-corruption unit, resigned yesterday to return to the private sector. With Ms. Folsom's departure almost all of Paul Wolfowitz's inner circle has now left the Bank. I expect that some of the Bank's critics will cast this turn of events as victory of the bank bureaucracy over the forces of good in a fight for truth, justice, the American way, and, most especially, zero corruption.
DAKAR, Senegal: Nigeria's anti-corruption chief, whose investigations have ensnared some of the country's wealthiest politicians and officials, will be sent to a year-long training course in a remote police academy, according to senior law enforcement officials in Nigeria, in what many analysts and anti-corruption activists say is an attempt to sideline him.
It's been a busy week here at the Center for Global Development. On Tuesday we hosted the meeting of CGD's Board of Directors--an activity that would have normally been plenty of excitement for one week.
In London today, Kofi Annan announced Joaquim Chissano, the former president of Mozambique, as the first winner of the largest award in the world--the Mo Ibrahim Prize for Achievement in African Leadership. The award consists of $5 million over 10 years and US$200,000 annually for life, as well as up to $200,000 a year for 10 years "towards the winner's public interest activities and good causes". President Chissano was praised for putting his country on a path towards peace and democracy and for a variety of economic reforms.
The following post was first published on Nicholas Kristof’s New York Times blog, where Radelet, a CGD senior fellow, is one of several guest bloggers. Radelet lived for many years in Africa and Asia, taught at Harvard, and worked at the U.S. Treasury. He is currently serving as an economic advisor for President Ellen Johnson Sirleaf of Liberia.
With my colleagues at the Center for Global Development, I extend hearty congratulations to Bob Zoellick for recruiting back to the World Bank Ngozi Okonjo-Iweala , the distinguished former minister of finance of Nigeria, as one of now three managing directors reporting to him. CGD supporters who don't know Dr.