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Before his tenure at CGD, Steve was deputy assistant secretary of the U.S. Treasury for Africa, the Middle East, and Asia from 2000 to 2002. He left CGD to become chief economist for the U.S. Agency for International Development.
CGD senior fellow Steve Radelet prepared this response to questions raised by U.S. Sen. Richard Richard Lugar during a June 12, 2007 hearing of the Senate Foreign Relations Subcommittee on International Development, Foreign Assistance, Economic Affairs, and International Environmental Protection. Radelet proposes the drafting and passage of a new Foreign Assistance Act that would review the human rights and other restrictions and stem earmarks, and urges U.S. support for the International Initiative for Impact Evaluation.
CGD senior fellow Steve Radelet, co-chair of the Modernizing Foreign Assistance Network, shares a surprising new analysis of U.S. aid spending (it has fallen sharply in the past two years!) and explains how the next administration can bolster America’s security and reputation through better investments in reducing global poverty, fighting disease, and creating economic opportunity around the globe.
Edward W. Scott Jr., the founding chairman of the Board of the Center for Global Development, recently visited Liberia together with members of his family and a group that included CGD board member Belinda Stronach. It was Scott’s first visit but far from his first involvement with Liberia. In 2006, after listening to Liberia’s President Ellen Johnson Sirleaf outline the challenges she was facing in rebuilding the country following 14 years of civil war, Ed offered to provide her with some special assistance aiming to finance a need she would identify that most conventional donors would not support. After consulting with CGD senior fellow Steve Radelet -- who has been assisting President Sirleaf as an economic advisor since her election in late 2005 -- on options to be considered for this special assistance, he decided to sponsor a select group of highly trained young professionals to serve in Liberia for one year as special assistants to members of Liberia's Cabinet. The program is called the Scott Family Liberia Fellows program. Its first group included three Liberian expatriates and three young professionals of other nationalities. This first group of fellows began working in Monrovia in June 2007. The program is now in its second year and has grown to 16 Fellows with four additional sponsors (the Open Society Institute, the McCall MacBain Foundation, Humanity United, and the Nike Foundation).
On August 31, 2004, the Millennium Challenge Corporation (MCC) announced some modest changes in the process it will use to select countries for MCC eligibility in FY 2005. This note appraises those changes, focusing on the "school completion rate" and "inflation" indicators.
This note examines how countries are selected to receive funding under the Millennium Challenge Account. The authors argue that while the Millennium Challenge Corporation’s proposed selection process is a reasonable starting point, there are several simple steps that could be taken to improve the system.
In this essay Steven Radelet explains how since the mid 1990s seventeen Sub-Saharan African states have transcended the conflict and dictatorships of decades past to establish themselves as burgeoning world states. Approaching the discussion by delineating between cultural differences across the region, Radelet offers a dynamic analysis of the new and encouraging growth observed in several African countries.
Donald Kaberuka, the new president of the African Development Bank, leads an institution whose financial standing has been restored from the near collapse of 1995, but whose operational credibility remains a work-in-progress. This CGD working group report offers external, independent advice to Kaberuka and the Bank's board of directors on broad principles to guide the Bank’s renewal. The report contains six bold yet achievable recommendations for management and shareholders as they address the urgent task of reforming Africa's development bank. Prominent among the recommendations is a strong focus on infrastructure.
This paper considers what role pull instruments or challenge programs (such as the World Bank's Poverty Reduction Support Credits or the United States' Millennium Challenge Account) could play within the overall framework of foreign aid, asking how they could be designed to function as effective and efficient incentive instruments and how they could best complement other aid modalities.
This report was prepared by a Working Group convened by the Center for Global Development to identify key priorities the Paul Wolfowitz at the start of his tenure at the World Bank on June 1, 2005. It argues that Wolfowitz's biggest challenge will not be managing the Bank, with its 10,000 staff, but leading its shareholders, the nations of the world. The report offers five bold but practical recommendations for restoring the legitimacy and increasing the effectiveness of the world's largest development institution.
*This is a joint post with Steve Radelet
The extraordinary challenges and opportunities of today require a new vision of American global leadership based on the strength of our core values, ideas and ingenuity. They call for an integrated foreign policy that promotes our values, enhances our security, helps create economic and political opportunities for people around the world, and restores America's faltering image abroad. We cannot rely exclusively or even primarily on military might to meet these goals. Instead, we must make greater use of all the tools of statecraft through "smart power," including diplomacy, trade, investment, intelligence, and a strong and effective foreign assistance strategy.