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In this report from Helsinki, Birdsall notes, "In order to prevent a new debt cycle, Birdsall advocates a shift to aid for the poorest countries rather than new debt. For instance countries with GDP less than $500 could qualify for grants, which could be stopped as their income increases."
In this article, Radelet notes "non-delivery of aid is partly the fault of donors as well as recipients… Additional aid can be absorbed," he says. "But we have to be much smarter about how we do it.""It's actually shocking how un-transparent the donors are."
St. Petersburg Times cites CGD’s recent World Bank working group report, The Hardest Job in the World: Five Crucial Tasks for the New President of the World BankThe June 25, 2005 editorial states, "It's no accident a recent report on Wolfowitz's new position by the Center for Global Development was titled "The Hardest Job in the World." It offers some suggestions, including resisting ideological pressure from the bank's wealthy shareholders, expanding activities in poor and middle-income countries with huge poverty problems such as China and India, developing more savvy about each country's political realities, increasing the seats for African countries on its board and providing more transparency on how the bank's president is chosen."
CGD Senior Program Associate Owen Barder is quoted in the Scotsman about the upcoming G8 meetings. "The [UK's] objectives for the summit are ambitious but achievable if our political leaders are willing to give sufficient priority to them…The aid and debt targets are achievable: compared to other public spending programmes, only modest additional resources are needed, and straightforward institutional changes would improve the impact of aid. The trade objectives will be more difficult."
This Economist article cited CGD Senior Fellow Steve Radelet and Policy Analyst Mvemba Dizolele.Excerpt from the MCA Blog June 25, 2005On June 23, The Economist took a closer look at the MCC. "MCC Hammered: In Praise of a bold but unloved aid agency" highlights the merits of George Bush's flagship development program and the challenges at hand.
Research fellow Todd Moss was interviewed for this LA Times piece about the G-8 aid proposals. "The record of lots of aid leading to economic growth and transformation is an old idea from the '50s that's never been shown to work," Moss said. "I am very skeptical it will lead to sustainedeconomic growth in Africa, absent of major changes inside some of these countries."