President Bush, appearing at the swearing in ceremony of MCC CEO John Danilovich last week, reiterated his support of the MCC as an innovative foreign aid agency and urged greater speed in completing country compacts:
CGD Policy Blogs
On January 1st, 2006, one of the largest UN peacekeeping operations of its time will quietly depart Sierra Leone, handing over its responsibilities and legacies alike to the first ever UN integrated peacebuilding mission in a post-conflict context, UNIOSIL. I have been following the drawdown of the UN presence in Sierra Leone for some time now, both in my previous role analyzing economic agendas in civil wars and rule of law issues at the International Peace Academy, as well as here at CGD.
Bill Cline has implied the Bank no longer views trade liberalization as important for poverty reduction, that our new numbers involve serious underestimation, and that his 440 million estimate last year is closer to reality. (See Controversy Over World Bank Trade and Poverty Estimates)
The Financial Times has named Google founders Sergey Brin and Larry Page, both 32, "Men of the Year" (subscription required) for the transformative effect their company is having not only on the Internet but on the worlds of business and technology. The FT notes that the Google founders "have never been shy about their outsize ambitions."
The Financial Times recently reported on a rumored shake-up in the way US foreign aid is administered.
The past week has been a good one for nation-building, and not just because of Iraq’s successful election. Less noticed but also important was the creation of a UN Peacebuilding Commission and a new directive from President Bush on interagency coordination of U.S. reconstruction and stabilization efforts
Three years ago the World Bank said that freeing international trade of all barriers and subsidies would lift 320 million people above the $2 a day poverty line by 2015. But new World Bank projections emphasizing $1 a day poverty and based on new data and methods put the number at just 32 million people. CGD/IIE Senior Fellow William R. Cline, author of Trade Policy and Global Poverty, has been examining the Bank's new calculations and argues that the first estimate was closer to the truth.