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Erin Collinson is director of Policy Outreach at CGD. Prior to joining the CGD staff, she spent over five years working in the US Senate. Originally from the Chicago area, Collinson holds a Master of Development Practice degree from the University of Minnesota and a BA in Environmental Policy from Denison University.
The first-ever US-Africa Leaders Summit wrapped up late last week. While it’s too early to calculate the real impact of the convocation, I wanted to log some of the more easily quantifiable information, ranging from the trivial to the (potentially) significant.
This Tuesday, the House and Ways Subcommittee on Trade will hold a hearing on the future of the African Growth and Opportunity Act (AGOA). CGD’s Ben Leo, senior fellow and director of the Rethinking US Development Policy Initiative, will testify.
Late last week, the House of Representatives passed the Electrify Africa Act (H.R. 2548), a bill aimed at improving access to reliable, affordable energy across sub-Saharan Africa. Here’s a summary of the bill and here’s why it matters.
The Senate Foreign Relations Committee recently took an interest in one key form of foreign aid—US economic assistance—convening a hearing to investigate the topic. We had high hopes going in and were pleased to hear all three of the hearing’s witnesses—Jeffrey Herbst, Alicia Phillips Mandaville, and CGD’s Todd Moss—champion the use of rigorous analysis, evaluation, and selectivity in aid to promote economic opportunity in developing countries.
The US Department of the Interior announced last week that the United States would no longer seek to comply with the Extractive Industries Transparency Initiative (EITI), an international multi-stakeholder organization that aims to increase revenue transparency and accountability in natural resource extraction. The move—while disappointing—is not altogether unexpected. And sadly, it will put the United States further behind the curve when it comes to corporate transparency.
President Trump and many congressional Republicans have made no secret of their strong interest in dismantling “Dodd-Frank,” a law signed in the wake of the 2008 financial crisis to strengthen regulation of the financial industry in the United States. But it’s a small, seemingly peripheral, transparency provision focused on developing countries that’s poised to be one of the law’s earliest casualties. Congress quietly voted last week to torpedo implementation of a rule that would require U.S. firms to disclose payments made to foreign governments for the commercial development of oil, natural gas, or minerals.