Ideas to Action:
Independent research for global prosperity
The White House nominated Sean Cairncross to fill the CEO role in January, and the Senate Foreign Relations Committee gave him the green light in March—but since then his nomination appears to have stalled.
Today, USAID took a big step forward on a new effort that could make a real difference to the agency’s impact and cost-effectiveness.
The Trump administration is worried about the role of Chinese finance in spreading Marxism around the developing world. But it’s Chico Marx, not Karl, that they should be focused on.
In July, United States Global AIDS Coordinator Deborah Birx made a striking commitment: under her leadership, the President’s Emergency Plan for AIDS Relief (PEPFAR) would direct at least 40 percent of its funding to host country governments or organizations by the end of 2019—rising to 70 percent by the end of 2020. The bottom line: PEPFAR’s local targets are commendable in theory, but we suspect their application in practice will prove complicated. Below is our take on the related issues—and some recommendations for PEPFAR to forge the most effective path forward.
The bill, which would create a modernized US development finance institution, just passed the House. Todd Moss explains how the new agency could help the US step up energy investments.
As USAID undertakes procurement reform, the agency should seize the opportunity to put evidence front and center. Sarah Rose explains how.
The United States needs a bigger and better development finance institution. The Overseas Private Investment Corporation (OPIC) is an overperforming federal agency, but is currently far too small and outdated to fulfill its mandate of catalyzing private investment in strategic emerging and frontier markets. We’ve been pushing for years to modernize US development finance, while the timing for a new agency is ideal right now. The bipartisan BUILD Act creating a new US International Development Finance Corporation (USIDFC) was introduced in both houses a few months back and the administration has signaled support.
Last week, CGD hosted the US Agency for International Development (USAID) for the first public presentation of the agency’s new “Journey to Self-Reliance” metrics. Launched by USAID Administrator Mark Green, the Journey to Self-Reliance is a new strategic approach that aims to more systematically orient the agency’s programming toward building countries’ capacity to address their own development challenges.
By 2030, 60 percent of the world’s poor will be concentrated in fragile states, a shift that has prompted the United States (and other donors) to rethink how to confront the particular challenges of these environments and support a path to greater country resilience. To contribute to that conversation, CGD recently launched a working group that will look at the future of US development assistance to fragile states, with a report forthcoming later this year. This blog post takes stock of the current landscape of US foreign aid to fragile states and gives an overview of where the money is going, what agencies are involved, and for what purpose(s) the money is given.
Not only is the Trump administration supporting a $7.5 billion capital increase for the IBRD (and at that, one that is 50 percent larger than the capital increase supported by the Obama administration in 2010), it has also signed on to a policy framework for the new money that makes a good deal of sense.
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