Ideas to Action:

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November 17, 2008

The Age of Turbulence and Poor Countries: The Case for MDB Help with Risk Management

The global financial crisis and economic slowdown are subjecting poor countries to increased financial, price, and output volatility. How can the multilateral development banks help? A new CGD brief by visiting fellow Nancy Lee, non-resident fellow Guillermo Perry, and CGD president Nancy Birdsall makes the case for a broad range of new and expanded activities to help developing countries manage risk.

READ THE BRIEF

November 4, 2008

Aid for Education: More Bang for the Buck (White House and the World Policy Brief)

Improving education should be a part of the global development agenda of the next U.S. president. While aid for primary education has always appealed to U.S. policymakers and the public and is consistent with American values of expanding opportunity for all, U.S. aid for education has languished in the past two decades. Aid for health has increased six-fold while aid for education has grown by only a third. The next president should consider announcing U.S. support for a big international push to expand quality primary schooling in low-income countries so that all children have the chance to learn.

Kate Vyborny
November 4, 2008

Why Global Development Matters and What the Next U.S. President Should Do About It (White House and the World Policy Brief)

The need for a fresh American approach to development has never been more urgent. The economic crisis at home, the threat of failed states and hostile countries acquiring nuclear weapons, our inability to solve critical global problems like climate change alone—all these mean that America needs to find ways to engage with the developing world that go beyond our outdated aid mechanisms and our narrow focus on such issues as terrorism, narcotics, and illegal immigrants. Our economic growth, our security, and our ability to shape the new multilateral system all depend on our readiness to forge new, mutually beneficial alliances with a broad range of developing countries. To engage effectively, we must offer these countries more effective partnerships on their own development challenges.