The World Bank has decided to make this problem – the divergence of the organization’s rhetoric on “extreme poverty” and their clients’ desire for support in their national development agendas – even worse. They have announced that their goal is to “eradicate extreme poverty” (while only “monitoring” the income of the poorest 40 percent in each country—but with no goal).
CGD Policy Blogs
Might the costly US mandate for adding corn ethanol to gasoline finally be ripe for reform? Late last week, Representatives Bob Goodlatte (R-VA) and Jim Costa (D-CA), both members of the House Agriculture Committee, joined with 167 other members from both parties to send a letter to the Environmental Protection Agency (EPA) calling for adjustments to the Renewable Fuel Standard (RFS) mandates.
Is the US taking a more restrictive stance toward coal projects in the multilateral development banks (MDBs)? Certainly, this press release from the US Treasury and subsequent press coverage would suggest a major policy shift. Technically, the Treasury’s announcement does point pretty clearly to more restrictiveness. But practically speaking?
Some thoughts-in-progress: if you are going to provide a public subsidy to the private sector, is it nearly always better to amplify the returns than to reduce their risks?
This morning at the Open Government Partnership summit in London, David Cameron announced the result of the UK’s consultation on the beneficial ownership of companies: the information will not only be collected but be put online, for free, in a public register.
This is a joint post with Rachel Silverman, consultant and candidate for MPhil in Public Health at the University of Cambridge.
On Halloween, children and adults alike pay tribute to history’s most frightening fictional characters – monsters, witches, super-villains, and the list goes on. But one need not search under beds or deep in closets for spooks and scares. Many of the most terrifying Halloween archetypes have very real counterparts, with very real health consequences:
The G20 took the extraordinary step last week of joining a meeting of the Paris Club, the informal forum where 19 member countries coordinate on debt reschedulings and write downs for countries that are in debt distress. The monthly meetings of the club (always in Paris) have long been known to be tight lipped, closed door, and well, clubby.
Foundations are not primarily interested in what they can “give” to contribute to development, but how they can make targeted investments and form effective partnerships with other development actors, as CGD in Europe colleagues and I heard last week at the meetings of the OECD Global Network of Foundations Working for Development, or netFWD.
MCC is expected to publish its annual country eligibility scorecards next week. I always love this time of year. While MCC’s annual selection process isn’t exactly new anymore, each year raises new issues and questions. The perennial question--a fundamental question--is which countries are going to pass the indicator criteria? Not all the data are publicly available yet, but some key indicators are. As a preview, we ran the numbers on how countries stack up on the corruption and democracy “hard hurdle” indicators. Based on this ini