Here at CGD, much of what we have to say is based on a core premise that too often goes unstated. Namely, that US development policy, with bipartisan support, has made steady progress over many years as one of the more effective things our government does. It is, day in and day out, advancing US interests around the world and at home. It’s a time of fundamental uncertainty about the future direction of US development policy, so let’s talk fundamentals.
CGD Policy Blogs
At the moment, the issue of US leadership at the multilateral development banks (MDBs) is focused squarely on the World Bank presidency. But there’s a lot more to it than that, and a lot more at risk for the United States in the years ahead. In a new paper for the Council on Foreign Relations, I examine the US role in the MDB system—why it matters for the United States itself, how China has emerged as a game changer, and how the United States is too often its own worst enemy when it comes to effective leadership.
This week, CGD took another step forward in putting the “do” in our mission of being a “think and do tank.” For a number of years, we have hosted policymakers as visiting fellows at the center, a great program that has helped to ground our work in the realities of policymaking. (Of course, as a visiting fellow alumnus, I may be a bit biased!). Now, we are turning this program on its head and sending one of our own, Casey Dunning, into the policy world under a new CGD-sponsored fellowship.
Yesterday at the White House Summit on Global Development, as President Obama outlined the programmatic successes of his administration’s global development policy (all genuine and worthy of acclaim), he didn’t even bother to mention the response to the global financial crisis that consumed his administration for much of its first year. Yet, when we consider just how perilous the economic conditions were for the United States and the world during that time, it is not unreasonable to conclude that the cause of global development was served at least as much by these efforts than by any single development initiative launched by an American president.
White House summits, which in recent years have addressed everything from African American LGBTQ Youth to Working Families, serve two main purposes: to make progress on a set of policy issues and to signal that the issues are a priority for the president. In this way, it’s encouraging to see the newly announced White House Summit on Global Development. More than a late term victory lap for President Obama’s global development policies and programs, I’m hopeful that this summit promotes approaches to development that will carry over into the next administration.
After two and a half great years as director of CGD’s Rethinking US Development Policy initiative, I’m handing over the reins to my colleague Scott Morris. Many of you will know Scott as a CGD Senior Fellow with deep experience from the Treasury and on Capitol Hill. He’s a thought leader on many US development issues, especially the multilateral development banks and international debt. Rethink could not be in better hands as we start thinking about a new administration and Co