CGD research has become Exhibit A virtually every time the charge of “debt trap diplomacy” has been leveled against China in the media this past year. Yet, our research shows that many of China’s borrowers are managing their debts just fine and seem unlikely to fall into any traps.
CGD Policy Blogs
On December 11, MCC will hold its end of the year board meeting to select which countries will be eligible for MCC’s FY2019 funds. As we do every year, CGD has been monitoring how countries perform on MCC’s scorecards, and examining the political climates and—where relevant—previous MCC program performance for countries likely to be up for debate.
In warning APEC leaders last week of China’s “constricting belt” and “one-way road,” Vice President Mike Pence provided the clearest signal yet that the US approach to foreign assistance will be shaped, if not determined, by competition with China. In the context of the administration’s trade war with China, this may not come as much of a surprise. But when it comes to the conduct of foreign assistance, it marks a striking turn away from the bipartisan approach to aid since the end of the Cold War—an approach defined around cooperation and one aimed at curbing the bad practices that arise when donors compete for the allegiance of aid recipients.
Last week, the agency came out with its first major, visible Journey to Self-Reliance product—a series of country “roadmaps” that use 17 indicators to plot low- and middle-income countries’ “commitment” to and “capacity” for self-reliance.
In the biggest step forward in US development policy since the creation of the Millennium Challenge Corporation and PEPFAR, Congress approved legislation to establish a new, modernized US development finance agency.
The Trump administration is worried about the role of Chinese finance in spreading Marxism around the developing world. But it’s Chico Marx, not Karl, that they should be focused on.
In July, United States Global AIDS Coordinator Deborah Birx made a striking commitment: under her leadership, the President’s Emergency Plan for AIDS Relief (PEPFAR) would direct at least 40 percent of its funding to host country governments or organizations by the end of 2019—rising to 70 percent by the end of 2020. The bottom line: PEPFAR’s local targets are commendable in theory, but we suspect their application in practice will prove complicated. Below is our take on the related issues—and some recommendations for PEPFAR to forge the most effective path forward.
Sarah Bermeo, political economist and author of Targeted Development: Industrialized Country Strategy in a Globalizing World, on how rich countries’ motivations for development have evolved, what they mean for developing countries, and where we are now.
When the US Opposes Evidence-Based Efforts to Promote Breastfeeding, What Comes Next? Three Recommendations for Policymakers to Move Forward
“An important dimension of the controversy is the role of formula companies in putting profit over the wellbeing of babies,” write Cindy Huang and Joan Lombardi.