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
Yesterday the New York Times profiled Lant Pritchett and sketched his proposal to create 16 million guest-worker jobs in rich countries for people from poor countries. His goal is to help people from very poor places make their lives better.
The G8 summit in Heiligendamm, Germany, this week will focus global attention on African development and broader foreign assistance issues.
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.
President Bush's nomination of Robert Zoellick to be the next president of the World Bank has been mostly well-received in U.S. policy circles and by some leading rich and developing countries.