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.

 

On Global Public Goods: It’s Not Big Money but It’s a Big Breakthrough

There is much to cheer about in last week’s announcement by the World Bank’s shareholders to increase its paid-in capital by $13 billion. It is a healthy signal that multilateralism is alive and well, at least in the development space. And on a practical level it is sufficient to ensure that at a minimum World Bank lending to sovereign borrowers can be sustained at current levels, and private sector operations can continue to grow.

What Would a New Merkel-led Grand Coalition Mean for Development? Four Recommendations for the New German Government

Yesterday, the German Social Democrats (SPD) voted in favour of pursuing in-depth coalition talks with Angela Merkel’s Conservatives (CDU). Although the chancellor’s battle for political survival is far from over (as the final coalition agreement will have to be backed by the majority of SPD’s 443,000 party members), it is likely that we will see a remaking of a grand coalition. Here we look what that would mean for Germany’s leadership on development.

Give Us the Courage to Change the Things We Can

Rory Stewart MP gave a wise speech about how Britain can play a role in global peace and stability. In my brief response to the Minister, I suggested twelve policies which are within our control which would help create conditions for stronger, more peaceful, more prosperous countries to thrive, and so reduce the risks of future conflict and instability. Here they are.

IMF and World Bank Annual Meetings 2016: Leveraging Global Growth in Challenging Times

Beginning this Friday, the Annual Meetings of the IMF and World Bank will take place against the backdrop of a still-sputtering global economy, a growing number of displaced people, and a warming climate. In the face of these headwinds, a major priority for the multilaterals has to be to energize their members to spur global growth while also helping to address the challenge of global public goods.

How the United States Can Lead on Global Goods and Bads

Climate change is one of many global problems that pose risks to well-being for everybody in the world – and bigger, scarier, and harder to manage risks for poor people in poor countries.  As with non-state terrorism, pandemic diseases, cybercrime, war refugees and microbial resistance to antibiotics, no one country, rich or poor, wants to act alone in dealing with these “global public goods” (in this case bads) since other countries will free-ride on its efforts. Dealing with these development challenges requires America’s leadership.

Tags