Topics:
Energy, Governments and Development, Corruption, Transparency, and Governance, US Development Policy, Aid Effectiveness, Digital Dividends: Identity, Payments, and Subsidy Reform, Africa, Zimbabwe's Crisis and Future, Oil to Cash: Fighting the Resource Curse through Cash Transfers, Nigerian Debt Relief, International Institutions
Expertise
Africa, energy, development finance, cash transfers, US-Africa relations
Bio
Todd Moss is a senior fellow at the Center for Global Development where he leads the Energy for Growth Hub and his research focuses on US-Africa relations, energy policy, and private investment. Moss is also a nonresident scholar at the Center for Energy Studies at Rice University’s Baker Institute and the Payne Institute at the Colorado School of Mines. He served as COO/VP at the Center from 2009-2016. Moss is currently working on electrification in Africa, cash transfers in new oil economies, and modernizing US development finance tools. In the past he led CGD’s work on Nigerian debt, reconstruction in Zimbabwe, the future of the World Bank’s soft loan IDA, and the African Development Bank.
Moss served as Deputy Assistant Secretary in the Bureau of African Affairs at the U.S. Department of State 2007-2008 while on leave from CGD. Previously, he has been a Lecturer at the London School of Economics (LSE) and worked at the World Bank, the Economist Intelligence Unit (EIU) and the Overseas Development Council. Moss is the author of numerous articles and books, including African Development: Making Sense of the Issues and Actors (2018) and Oil to Cash: Fighting the Resource Curse with Cash Transfers (2015). He holds a PhD from the University of London’s SOAS and a BA from Tufts University.
Moss also writes an international thriller series for Penguin’s Putnam Books about a State Department crisis manager including The Golden Hour (2014), Minute Zero (2015), Ghosts of Havana (2016), and The Shadow List (2017).
Media Contact
Holly Shulman
hshulman@cgdev.org
Featured Work
In the News
May 29, 2018
High-res photo
More From Todd Moss
June 13, 2018
Event
Five members of the Zimbabwe Working Group traveled to Harare May 20-25 to meet with the government, opposition leaders, and a wide range of business, religious, and civil society organizations to assess prospects for free and fair elections and for meaningful political and economic reform. Please join us to hear from the delegation as they share their findings and recommendations for US policy.
May 30, 2018
Event
For over a decade, Boko Haram has waged a campaign of terror across northeastern Nigeria. In 2014, the kidnapping of 276 girls in Chibok shocked the world, giving rise to the #BringBackOurGirls movement. Yet Boko Haram’s campaign of violence against women and girls goes far beyond the Chibok abductions. From its inception, the group has systematically exploited women to advance its aims. Perhaps more disturbing still, some Nigerian women have chosen to become active supporters of the group, even sacrificing their lives as suicide bombers. These events cannot be understood without first acknowledging the long-running marginalization of women in Nigerian society. Having conducted extensive fieldwork throughout the region, Matfess provides a vivid and thought-provoking account of Boko Haram’s impact on the lives of Nigerian women, as well as the wider social and political context that fuels the group’s violence.
April 24, 2018
Blog Post
Anyone who follows this blog knows I’m a big fan of the US electrification initiative Power Africa because of its national security, economic, and developmental benefits.
4/23/18
Basic page
CGD is incubating the Energy for Growth Hub, a new global research network focused on building high-energy systems.
Pages
March 7, 2014
Event
***This is not a CGD event and will take place in Hilton Head, South Carolina***
The World Affairs Council of Hilton Head presents Africa On the Rise: How the Forgotten Continent Is More Important Than Ever to the United States. In the mind of many Americans, Africa invokes images or famine or Blackhawk Down. But the continent is increasingly democratic and is now the home to six of the ten fastest growing economies in the world. Investors from London, New York, Shanghai, and Dubai are looking afresh at opportunities in Africa, especially to meet rapidly expanding consumer demand. At the same time, U.S. national security—including concerns about the spread of Al Qaeda, international criminal networks, and cross-border disease—is also pushing Africa higher up the U.S. foreign policy agenda. In short, Africa is more important to the United States than ever before. President Clinton launched a major trade initiative with Africa, while President Bush made major new commitments to working with African partners to promote security and health. Yet, the Obama Administration seems to have lost momentum. The president’s June trip to Senegal, South Africa and Tanzania along with a recently announced energy initiative might be enough to turn things around. Moss, a former senior State Department official, will discuss the challenges of a rising Africa facing American foreign policy.
May 26, 2006
Publication
The Multilateral Debt Relief Initiative (MDRI), the latest phase of debt reduction for poor countries from the World Bank, the IMF, and the African Development Bank, will come close to full debt reduction for at least 19 and perhaps as many as 40 countries. Debt relief proponents see it as a momentous leap in the battle against global poverty. CGD research fellow Todd Moss argues that actual gains in poverty reduction will be modest and slow.
October 10, 2013
Blog Post
We’ve been surprised at all the attention Todd’s new fridge has gotten recently—including comments saying the comparison against African per capita electricity consumption isn’t fair because many of those people don’t have refrigerators. Exactly our point!
July 20, 2015
Publication
The future of development policy is in development finance. Developing countries need aid less and less as their incomes rise and economies grow. What they need now is private investment and finance. US development policy, however, has failed to bring its development finance tools in line with this reality. Related US efforts have not been deployed in an efficient or strategic manner because authorities are outdated, staff resources are insufficient, and tools are dispersed across multiple agencies.
Other players are doing more. Well-established European development finance institutions (DFIs) are providing integrated services for businesses, and these services cover debt and equity financing, risk mitigation, and technical assistance. Moreover, emerging-market actors — including China, India, Brazil, and Malaysia — have dramatically increased financing activities in developing regions such as Latin America and Sub-Saharan Africa.
November 5, 2012
Publication
Reliance on natural resource revenues, particularly oil, is often associated with bad governance, corruption, and poverty. Worried about the effect of oil on Alaska, Governor Jay Hammond had a simple yet revolutionary idea: let citizens have a direct stake. Thirty years later, Hammond’s vision is still influencing oil policies throughout the world.
Pages
March 7, 2013
Publication
Overall, regional indices have become increasingly correlated with the S&P 500 index. Africa lags behind this trend some, and that lag could present opportunities for investors and policymakers.
July 9, 2012
Publication
Ghana’s rapid economic growth and the recent GDP rebasing exercise put Ghana suddenly above the income limit for IDA eligibility. This paper considers the implications of the country’s new middle-income status.
December 20, 2011
Publication
To enhance efficiency of public spending in oil-rich economies, this paper proposes that some of the oil revenues be transferred directly to citizens, and then taxed to finance public expenditures. The argument is that spending that is financed by taxation—rather than by resource revenues accruing directly to the government—is more likely to be scrutinized by citizens and hence subject to greater efficiency.
March 10, 2011
Publication
By 2025, the number of IDA client countries will likely shrink substantially and primarily be smaller in size and overwhelmingly African. This working paper predicts how these changes will impact IDA's operational and financial models and recommends the World Bank begin addressing the implications of these developments sooner rather than later.
January 4, 2011
Publication
Todd Moss proposes that countries seeking to manage new natural resource wealth should consider distributing income directly to citizens as cash transfers. Beyond serving as a powerful and proven policy intervention, cash transfers may also mitigate the corrosive effect natural resource revenue often has on governance.
November 13, 2009
Publication
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.
October 19, 2009
Publication
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.
February 20, 2007
Publication
Africa receives only a tiny fraction of global investments in emerging markets. But the problem is not that fund managers are scared away by a seemingly steady stream of bad news out of Africa, nor is a general marketing of Africa to global investors the solution. Instead the authors of this new CGD working paper find that the small size of African markets and low levels of liquidity are a binding deterrent for foreign institutional investors. Drawing on firm surveys to explore why African firms remain small, the authors offer practical recommendations for increasing portfolio investment in Africa. Learn more
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