Zimbabwe faces a daunting array of obstacles to full economic recovery, including a crippling external debt burden. Todd Moss and Benjamin Leo urge that the current government must address the legacy of debt arrears and manage external debt in order to generate opportunities for reconstruction and growth.
CGD vice president and senior fellow Todd Moss and reasearch assistant Lauren Young propose direct cash distribution of Ghana's oil profits to help the country avoid the natural resource curse. One positive effect of the plan would be to strenghten democratic pressure on the government to be good stewards of the resource.
Targeted U.S. Support for Zimbabwe’s Recovery: Testimony before the Senate Foreign Relations Subcommittee on African Affairs
CGD vice president for corporate affairs and senior fellow Todd Moss testified before the Senate Foreign Relations Subcommittee on African Affairs about U.S. policy toward Zimbabwe. He urged members of the committee to support democratic elements of Zimbabwe’s government without aiding corrupt forces in the country.
Senior fellow Todd Moss investigates how the aftershocks of the global economic downturn are affecting Africa. African countries that take the right steps to mitigate the pain will be poised to benefit from the eventual recovery; those that don't will be left behind.
Senior fellow Todd Moss considers the future of foreign aid in light of Dambiso Moyo’s book, Dead Aid, which argues that Western aid to Africa has brought more harm than help. The relevant question today, he argues, is not whether aid is good or bad, but rather how aid can be made to work better for both donors and the people of Africa.
This module will explore some of the research on the key issues of growth and poverty reduction in sub-Saharan Africa. It will examine a variety of empirical findings on these topics to better understand why Africa and the international agencies tasked to promote development have had so little success in the post-independence era. The course emphasizes international financial relations and institutions.
This module will examine the leading issues related to capital flows between the developed and developing worlds. It will cover the various types of official and private finance as well as the institutions and policies designed to manage and promote these flows. It begins by considering development assistance from both the recipient and donor perspectives, as well as the changing roles of the IMF and the multilateral development banks. In the second half, it explores the key issues in debt, private investment, and the financial sector.
Senior fellow Todd Moss delineates three recommendations for the Obama administration to help restore democracy to Zimbabwe.