Ideas to Action:

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CGD Policy Blogs

 

Can the Global Fund be a Financing Mechanism and Only Just That?

Everyone from the UK Parliament to the President of the World Bank to Warren Buffett knows that spending money wisely is harder than raising it. So in all the excitement about the new monies for much-needed drugs that will be raised through UNITAID, the new French-led funding source fed largely by airline taxes, who is worrying about how the resources will be spent? An obvious way to use the funds would be to ship them off to the Global Fund to Fight AIDS, TB and Malaria, but, as Amb.

Stiglitz Urges Tariffs on U.S. Exports to Cut Global Warming

Nobel laureate Joseph Stiglitz urged at a CGD event that U.S. trade partners ask the WTO for authority to impose countervailing duties on exports of U.S. steel and other energy-intensive products that benefit unfairly from Washington’s refusal to join the Kyoto Protocol limiting carbon and other greenhouse gasses.

There is a precedent for such duties, Stiglitz said, because Washington previously obtained a World Trade Organization ruling in support of a U.S. ban on the import of shrimp caught in Thailand using nets that killed endangered species of turtles.

Why An African Development Bank?

I arrived in Abidjan, Cote d’Ivoire in February, 1994 to begin what was to be an almost 5 year tenure in the Office of the U.S. Executive Director to the African Development Bank. It was a tenure that would see the Bank, under President Babacar Ndiaye, driven to the brink of collapse and a Bank, under President Omar Kabbaj, reestablish its financial standing and regain some (though not much) program and institutional credibility.

Pity the Fools: The UN’s embarrassing aid proposal

There have been many many bad ideas over the years about how to help Africa, but here’s my vote for the worst one in a long while: UNCTAD’s proposal to create a new UN agency to manage a doubling of aid flows to the continent.
Before we get to the proposed solution, the analysis of the problem is deeply flawed. According to the press release:

Airline Tax Proposal Falls Short

President Chirac's proposal for a global air travel ticket tax to fund development appeared to be gaining momentum last week, with an announcement at the Clinton Global Initiative meeting in New York that four countries had joined the French-led initiative. One important question--how the money will be used--has been answered. Ninety percent will go to buy AIDS drugs. But plans for administering the funds are unlikely to persuade American taxpayers--or the U.S. government--to support the plan.

All the Health that Money Can Buy?

Another day, another dollar for global health. Or another $300 million, as the case may be. With much fanfare at the Clinton Global Initiative, five countries (France, Brazil, Britain, Norway and Chile) committed to either levy taxes on airline tickets or find other sources to create UNITAID (formerly referred to as the International Drug Purchase Facility), which will be used to purchase generic AIDS drugs, as well as products to treat malaria and TB.

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