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Blog Post
December 23, 2015
While you might not know it from the weather, there’s at least one sure sign it’s December in DC. No, we’re not referring to the oversized and ornamented evergreens on the Capitol and White House lawns, but to the recent mad dash by Congress to wrap up remaining legislative busines...
Blog Post
December 16, 2015
The last time Congress overhauled the US foreign assistance apparatus, John F. Kennedy was president. The Foreign Assistance Act of 1961 (FAA) made some sweeping changes. There hasn’t been a wholesale reexamination of how US development programs are structured, administered, and coordina...
Blog Post
December 02, 2015
The World Bank recently released the results of two separate surveys aimed at gauging the extent to which de-risking is a problem. The headline result is that banks around the world are closing accounts of money transfer organizations (MTOs) and are severing links with banks in other count...
Blog Post
December 01, 2015
Yesterday the US Senate voted to confirm Gayle Smith as USAID’s new administrator. Despite the rapidly expiring clock on this administration, filling USAID’s top post is critical for both the agency and for US leadership in global crises and development efforts abroad. The Syrian refugee...
Blog Post
November 17, 2015
Recently, CGD launched a major report about how laws designed to prevent money being sent overseas to terrorists and criminals can also have unintended consequences for innocent people in developing countries. Dr. Nathan Sheets, US Under Secretary of Treasury for International Affairs, called f...
Blog Post
November 16, 2015
Last Thursday, Under Secretary of the US Treasury Nathan Sheets spoke at CGD about anti–money laundering policies and the problem of de-risking, in connection with the launch of a new CGD working group report on the unintended consequences of anti–money laundering pol...
Blog Post
October 14, 2015
Power Africa has the potential to be a game changer for US foreign assistance and for how the United States works with Sub-Saharan Africa. Congressional authorization is needed to solidify Power Africa beyond President Obama's tenure. That’s why we were thrilled to see Electrify Africa pas...