Tag: Infrastructure

 

3 Memos to the Next US President – Podcast with Nancy Birdsall

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CGD founding president Nancy Birdsall has seen a few US presidents come and go in her long career as a leading development economist, but her message to all occupants of the White House has remained fairly steady: Enact smart policies that help developing countries build stable, prosperous economies of their own—and that will help people at home too. This week she joins the CGD Podcast to talk about some of those ideas, and why development should be a priority for the next US president.

Attn: Presidential Transition Teams – 3 Big Ideas and 3 Smart Reforms for US Development Policy

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Global development isn't exactly a campaign issue. But we at CGD hope it's a policy area both presidential transition teams are taking very seriously. The next US president will need to confront and prevent crises where our development and humanitarian assistance is a far more useful (and less expensive) response than guns and bombs. To that end, led by Scott Morris, we at the CGD Rethinking US Development Policy program put together a short memo to the transition teams.

When China Looks at MDBs, It Sees Infrastructure

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When the Chinese government launched a new multilateral development bank (MDB) with “infrastructure” in the name—the Asian Infrastructure Investment Bank (AIIB)—it hardly seemed far-fetched to assume a strong Chinese preference for infrastructure-related MDB financing. Everything we know about China’s bilateral development financing suggests the same. Yet, a closer look at the AIIB’s charter suggests openness to a broader range of sectors and activities, pointing to potential for investments in “other productive sectors.”

Sputters or Sparks from Power Africa?

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A New York Times piece alleging a “sputtering” Power Africa in advance of President Obama’s trip to Kenya and Ethiopia took us by surprise. To those of us who have been avidly following Power Africa and the continent’s long march toward universal electrification, it’s far too early to draw such negative conclusions on the initiative’s success—much less its future impact. Instead, the early signs are actually quite positive. 

Reviving the G-20 Infrastructure Agenda – Scott Morris

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My guest on the Wonkcast this week is Scott Morris, a senior associate here at CGD and former deputy assistant secretary at the US Treasury, where he oversaw US ties with the multilateral development banks.

Scott recently led a study group of CGD colleagues and outside experts that reviewed G-20 efforts to increase financing for infrastructure in developing countries. The group produced a short note proposing five new deliverables for the G-20 on infrastructure finance. (See Scott’s blog post with Madeleine Gleave for an even shorter version.)

Five Ways to Breathe New Life into the G-20 Infrastructure Agenda

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The Australians are using their G-20 presidency to make a fresh start with the group’s infrastructure agenda, launching a new “Infrastructure and Investment” working group this week in Mexico City.

And not a moment too soon. A recent CGD study group Scott chaired concluded that this highly compelling agenda risks becoming a stale one absent some new approaches.

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