Last year, the Asian Development Bank (ADB) management proposed a major financial restructuring that would increase the amount of bank capital available for investment. This proposal offers many benefits in and of itself. But it also creates an opening for additional and complementary changes in governance that would greatly strengthen the bank and would ensure all of the benefits of the restructuring are fully captured. The merger proposal represents a highly credible down payment by the ADB on a set of innovations that can greatly expand the institution’s ability to respond to the region’s needs and opportunities—and in the process, stimulate similar dynamics at other MDBs.
The development landscape between now and 2030 will be look completely different from the last fifteen years. The Sustainable Development Goals which look likely to be agreed in September, including a commitment to eradicate absolute poverty by 2030, will be addressed against a very different backdrop to the relatively successful period of the Millennium Development Goals. There are three challenges we are going to have to address.
The current size of the income-secure middle class and its likely future growth, suggest that optimism is indeed warranted for many of today’s middle-income countries. But it is not warranted for all of them, and especially not for most of the low-income countries of South Asia and sub-Saharan Africa — even if they continue to grow at the relatively healthy rates they have enjoyed in the last decade and more.
In 2013, our CGD colleagues Julia Clark and David Roodman designed a low-cost quantitative approach to ranking think tank performance. We applied their methodology in early 2015 to produce an updated ranking of US and international development think tanks on the basis of 2014 data. The rankings aim to provide a transparent and objective method of assessing the influence of select think tanks.
On a chilly Monday morning on February 16th, 2009, I walked into the New Government Complex in Harare’s Central Avenue. As I strode for the very first time down a poorly lit corridor, eyes strained and necks stretched behind wide open doors to catch a glimpse of the newcomer with a reputation for short temper. I was ushered into a comfortable office that was to become my home for the next four and a half years.
How resilient are emerging market economies to potentially tougher external conditions, especially if they become prolonged? This paper takes the view that initial economic conditions before the eruption of an adverse external shock matter, and they matter a lot.
Time and time again I have seen NGOs and politicians in rich countries advocate that the poor follow a path that they, the rich, never have followed, nor are willing to follow.
With two major announcements on trade and climate at November’s APEC meetings, the United States and China have leaped into a highly productive bilateral relationship in the economic sphere. It’s all the more striking then to hear the discordant tone struck around the Asian Infrastructure Investment Bank (AIIB).
When Sir Tim Lankester defends the aid programme against charges that it can sometimes be misused for other things, he knows what he is talking about. He was the most senior civil servant in Britain’s aid ministry (then called ODA, now known as DFID), and in 1991 he bravely blew the whistle on a project to finance a dam in Malaysia because it was not a good use of development money (and indeed turned out to be connected to agreements to buy British arms).
Latin America had a golden decade from 2002 to 2012, mostly thanks to favorable external conditions.
Pakistan is a leader in the application of identification systems and technology to a range of development issues. The National Database and Registration Authority (NADRA) of Pakistan has become a central player in a number of program areas and has been internationally recognized for its expertise, including winning many awards for excellence.
It’s 2030 and instead of racing toward the brink of climate catastrophe the world has begun to back away. Annual global emissions of heat-trapping gasses have fallen two-thirds—faster than anybody had dared to hope as recently as a dozen years ago—with continued steep reductions ahead.
This essay explains how Deliberative Polling works and offers examples of how it has led to unexpected policy successes. It then suggests ways in which the approach could be applied nationally, beginning in the United States, to raise the quality of public debate about climate change, opening the way for independent but possibly coordinated national responses. The brief is designed for potential funders, sponsoring organizations, and partners of various types who are seeking fresh strategies for breaking the political impasse that has so far prevented effective policy responses to reduce the risk of climate runaway disruptions.
The Pacific Alliance, an agreement by Chile, Colombia, Mexico, and Peru to achieve deeper integration and jointly promote economic relations across the Pacific, constitutes one of the few bright spots in current Latin American integration efforts.
The WHO Global Code of Practice: A Useful Guide for Recruiting Health Care Professionals? Lessons from Germany and Beyond
More and more countries are recruiting doctors and nurses overseas, unleashing global debates on the proper regulation health worker migration. The World Health Organization (WHO) has advanced a “Global Code of Practice” on health worker recruitment.
Migration from Mexico to the United States has traditionally been predominantly low-skill. But in recent years the skilled fraction of Mexican workers in the United States has grown substantially.
Building a Think-and-Do Tank: A Dozen Lessons from the First Dozen Years of the Center for Global Development
CGD turned 12 years old in the fall of 2013. This essay is an effort to distill what we think we have learned in the past dozen years.
The World Bank should declare the IDA-17 replenishment its last and move to replace it with a broader bank resource review. Sticking with the status quo risks an underfunded institution and one that is increasingly isolated from its shareholders (yes, that would be a bad thing).