The controversy surrounding the recent purchase of Venezuelan government bonds by Goldman Sachs is a great reminder of the role that “preemptive contract sanctions” could play in the struggle against odious regimes like that of Nicolas Maduro. In 2010, CGD released a working group report explaining in detail how this new sanctions tool could work. The Maduro regime in Venezuela could be the perfect candidate.
CGD Policy Blogs
Ambassador Mark Green—President Trump’s pick to lead the US Agency for International Development (USAID)—is slated to appear before the Senate Foreign Relations Committee for his nomination hearing on Thursday morning. Drawing on themes of efficiency, effectiveness, accountability, and results, here are a few questions we’d pose to Ambassador Green (and a few of the things we’d love to hear in response).
Here, CGD experts Amanda Glassman, Scott Morris, and Jeremy Konyndyk weigh in on some of the key points we heard (and live tweeted) during Secretary Tillerson’s testimony before the Senate Foreign Relations Committee and, later, when he answered questions from the Senate Appropriations Subcommittee on State, Foreign Operations, and Related Programs.
In a recent trip to the center of the world, I found myself confronting the big development questions in a low-income country with reasonably propitious circumstances. Papua New Guinea (PNG) is larger, richer, and growing faster than I had thought. It will go to the polls this very month to elect a new government. It is also facing all the dilemmas faced by most low-income countries since the 1950s—political fragmentation, resource curses, income inequality, and poor health. Have we learned anything to help it meet those challenges?
Jordan’s Compact Approach to the Syrian Refugee Influx: What the World Can Learn – Podcast with Minister Imad Fakhoury and Cindy Huang
As we mark World Refugee Day, it is increasingly clear that there is a desperate need to fill the gap between short-term humanitarian response and long-term development need. Jordan’s Minister of Planning and International Cooperation Imad Fakhoury and CGD senior policy fellow Cindy Huang join the CGD podcast to discuss an innovative solution: refugee compacts.
For the US Development Policy Initiative’s inaugural Voices of Experience event, three former Treasury Under Secretaries for International Affairs took the stage: Tim Adams of the Institute of International Finance, Lael Brainard of the Federal Reserve, and Nathan Sheets of Peterson Institute for International Economics. The conversation, moderated by CGD Board Member Tony Fratto, revealed the “esprit de corps” of the International Affairs team, and covered everything from the central yet oft under-the-radar role the Office of International Affairs plays in the formulation and execution of international economic policy, to each Under Secretaries’ proudest moments.
Secretary of State Rex Tillerson is likely to face some tough critics when he heads to Capitol Hill this week. In his first appearance(s) before Congress since his January confirmation hearing, Secretary Tillerson will have the unenviable task of defending a deeply unpopular FY2018 budget request for international affairs.
You wouldn’t know it from the headlines, but the world is working to improve the global migration system. It began last fall at the most important international meeting on migration since the 1950s. I saw this work up close at the Global Forum on Migration and Development (GFMD) preparatory meetings in Geneva earlier this spring, and here’s where it stands.
The UK election has shown again that electorates can throw up unexpected results, with long-standing poll leads evaporating in a matter of weeks. The British public seem uninspired by any single leader but there was little sign of descending into nationalism and populism. The only party that stood on a platform of dismantling the aid budget—UKIP—suffered a heavy defeat. Here we propose two ambitions for the government which emerges.
As a new WHO Director-General—Dr. Tedros Adhanom Ghebreyesus—prepares to take office, many have called for clearer priorities, governance and organizational reforms, and funding expansions. All good, but there is one additional, grossly neglected issue that requires urgent action: WHO needs better economic advice. As I explain in this blogpost, that should come in the form of appointing WHO’s own chief economist.