Yesterday Robert Zoellick was elected by unanimous vote by the Board of the World Bank to become its next president. He now assumes The Hardest Job in the World, as we called it in a 2005 CGD report to the then-incoming president, Paul Wolfowitz. Mr. Zoellick is an avid reader -- and absorbs ideas and issues like a sponge. This bodes well for the Bank and for Bank staff. Informal meetings he has had with officials around the world, activists, and Bank watchers in Washington's leading think tanks indicate Mr.
CGD Policy Blogs
This time it is different. The G-8's statement on African development is focused largely on an often-neglected area--the private sector.
Previous G-8 statements have focused mostly on aid to Africa and have immediately generated a large volume of commentary on whether or not funding levels from rich countries are adequate, reflect prior commitments, etc.
The British Conservative party issued a statement today aimed at the upcoming G-8 summit and citing CGD's Commitment to Development Index (CDI). (Coverage in the Guardian is here.) The CDI rates 21 rich countries on how much their foreign aid, trade, and other policies help or hurt people in the developing world.