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Addis: A Good First Step, but a Terrible Last Word, for 2015

The Financing for Development Conference, which drew to a close yesterday in Addis Ababa, was never going to solve all the world’s development problems.  What it could do was establish a shared policy framework within which decisions for the rest of 2015 can be taken. The outcome document, the Addis Ababa Action Agenda, actually does that pretty well.  But the real test is still to come: what specifically will countries commit to which will make these ideas real?

Plenty to Feast on at Addis Side Events

Addis Ababa has been alive with urgency this week. Maybe it’s the conference negotiations, establishing a consensus on how to implement the SDGs, to lift millions more out of poverty and save countless lives. But the frenzy may also be due to the sheer number and close scheduling of side events in different locations.

How Much Do We Really Know about Multinational Tax Avoidance and How Much Is it Really Worth? Comments Welcome!

At the Financing for Development conference in Addis Ababa this week, the issue of international cooperation to address ‘tax dodging’ and illicit flows will be higher up the agenda than ever before. Credit for this is due in no small part to the various non-governmental organizations that have built up public consciousness and pressure through sustained campaigns focused on the tax affairs of multinational companies.

Doing the Math on AIIB Governance

The Asian Infrastructure Investment Bank’s new articles of agreement contain a great deal of information about shareholding and governance in the new institution. However, the articles require some additional analysis in order to answer key questions about voting power and board composition. Based on the information provided, we are able to generate voting shares as well as some preliminary conclusions about the composition of the AIIB’s board of directors.

DRM and Data: A Deliverable Duo for the USG at FFD

In Washington, rumor has it that the United States will bring commitments on domestic resource mobilization (DRM) and data to the table at the Financing for Development Conference this month in Addis Ababa, Ethiopia. As we get down to the wire, our fingers are crossed that the US government will take this opportunity to be ambitious and offer robust packages in both these areas. Here’s what that could look like. 

I Just Read the AIIB’s Articles of Agreement, and Here’s What I Think

The Chinese government has published the Asian Infrastructure Investment Bank’s (AIIB) newly adopted articles of agreement. That’s an encouraging early sign of transparency, and more importantly, of timely transparency. Much of what’s in the articles was foreshadowed by previous comments and reporting, but there are surprises, such as stronger-than-expected veto powers for the Chinese and the possibility for non-sovereign membership.

Sir Suma Chakrabarti on the EBRD, Ukraine, and the SDGs

He oversaw implementation of the MDGs, so what does Sir Suma Chakrabarti think of the SDGs that will replace them? Now President of the European Bank for Reconstruction and Development (EBRD), Chakrabarti is a former Permanent Secretary of the UK’s Department for International Development. He gave me his thoughts on the upcoming Addis Ababa Financing for Development Conference, the future role of multilateral development banks in development financing, as well as EBRD’s work amidst the ongoing conflict in Ukraine.

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