Ideas to Action:

Independent research for global prosperity

Tag: Multilaterals

 

The Incredible Shrinking US Multilateralism

In 1944, the United States created a blueprint for economic statecraft that relied heavily on a new class of multilateral institutions to pursue US interests in the world. The blueprint itself is now under serious duress in the “America First” strategy of international engagement of the Trump administration. 

Congress Wants to Take a Closer Look at Multilateral Institutions

In Congress, support for aid is often bipartisan, and the seriousness and quality of thinking about aid reform is often very high. Case in point on both fronts is new legislation introduced by US Senators Bob Corker (R-Tenn.) and Chris Coons (D-Del.) that would create the architecture and principles for a policy review and assessment of US contributions to multilateral institutions.

What’s Happening at CGD? April Events

Maybe it’s some kind of spring fever, but CGD is in events overdrive in the next couple of weeks, spurred on by the World Bank / IMF Spring Meetings, and the plethora of discussions they bring. We are delighted to be pairing up with, and hosting, some big names, and so we thought it would be helpful to give you a handy guide to the insightful, provocative events that we will be holding. You may already have received invites to some of these events; if not, you can sign up here.

The World Bank Is Turning 70. Do We Still Need It?

The World Bank opened in 1946 to finance a global economy just emerging from colonization and warfare and just embarking on the Cold War. Today the global development landscape is radically different, and capital circles the globe at volumes unthinkable back then. Why keep the World Bank now?

Multilateralism-lite Might Miss the Big Picture

This is a joint post with Jenny Ottenhoff.

My colleague Scott Morris pointed out in a recent blog that the Global Fund to Fight AIDS, TB and Malaria will likely surpass the World Bank’s International Development Association (IDA) as the single largest foreign assistance contribution the United States makes to a multilateral institution.  He described this move as “multilateralism-lite” – or a reliance on earmarking through multilateral channels by sector or country – and suggests this isn’t an optimal approach to poverty reduction and development.

GHI 2013 and the Rise of Multilateralism

The President’s budget request for 2013 is out: total money spent on GHI is reduced by 3.5% and PEPFAR’s budget shrinks by 10.8%. While both figures may be alarming, there is a bright spot: contributions to the Global Fund for AIDS, TB and Malaria go up by 27% to $1.65 billion. In addition to the Global Fund, GAVI, IDA, Asian Development Fund and the African Development Fund are all among agencies that are getting increases on their funding; notably, GAVI by 11.5%.

Pakistan’s Energy Sector: Groundhog Day for USA?

This is a joint post with Wren Elhai.

As the United States tries to contribute to a solution to Pakistan’s energy crisis, it’s worth looking at what others have done. Not one of the hurdles to a sustainable energy policy is new—and in fact other donors have spent years engaging in this arena. What is new is a sense of urgency within Pakistan, as street protests erupt over rolling blackouts and Prime Minister Gilani calls resolving the energy shortage his top priority. As Nancy Birdsall wrote in her third open letter to Ambassador Holbrooke, now is an opportune moment to put Pakistan’s energy sector on a solid foundation. As the administration pours in U.S. aid dollars and engages in dialogue with Pakistani policymakers, there is much that the team can learn from the failures of past attempts to reform Pakistan’s energy sector.