Secretary General Ban Ki-moon last week named Dr. Babatunde Osotimehin of Nigeria to be the next executive director of the United Nations Population Fund (UNFPA), replacing Dr. Thoraya Obaid who held the position for 10 years. Dr. Osotimehin is a professor of medicine at Ibadan University. He served a brief time as Minister of Health in Nigeria and supported several controversial global health efforts, including polio elimination and increasing access to treatment for HIV/AIDS.
CGD Policy Blogs
In my last post I wrote that microcredit bubbles are unusual among credit bubbles in not being linked to salable assets such as houses. I was wrong. In the late 1970s and early 1980s western and Japanese banks got very enthusiastic about lending to foreign governments, which, like poor people without collateral, are hard to foreclose on. Funny, this symmetry between the mightiest and weakest borrowers.
Donors, academics, and development advocates have long recognized that not all aid is created equal. Often, the impacts of aid are blunted because it’s spent in the wrong places or isn’t coordinated with recipient government programs. How can we know which donors give aid well, and which donors need to improve? My guests on this week’s Wonkcast are Nancy Birdsall, president of the Center for Global Development, and Homi Kharas, deputy director of the Brookings Institution’s Global Economy and Development program. They are the co-creators of the Quality of Official Development Assistance (QuODA) assessment, a new tool that tracks and compares donor programs against four dimensions of aid quality.
With less than a week to go until the start of the next round of global climate negotiations, in Cancun, Mexico, climate policymakers see further work on ambitious finance pledges made at the Copenhagen climate talks last year as key to progress towards collective action to avert runaway climate change. Mexico’s ambassador to Washington has stressed the value of such incremental progress.