One form of soft power is concrete enough. That is, it’s literally concrete. And by a measure of bricks and mortar, it’s clear that the United States is rapidly losing the soft power game to China. In fact, the contrast between the two countries on display this week in Washington is startling.
CGD Policy Blogs
In Congress, support for aid is often bipartisan, and the seriousness and quality of thinking about aid reform is often very high. Case in point on both fronts is new legislation introduced by US Senators Bob Corker (R-Tenn.) and Chris Coons (D-Del.) that would create the architecture and principles for a policy review and assessment of US contributions to multilateral institutions.
Progress on Global Development Commitments, or More of the Same? CGD Experts Share Hopes and Predictions for 2017 G20 Summit
Each of the G20 summits of the past seven years has suffered in comparison with the London and Pittsburgh Summits of 2009, when the imperative of crisis response motivated leaders, finance ministers, and central bankers to coordinate effectively with each other. Subsequent summits have lacked the same sense of urgency and have failed to deliver any kind of agenda that can be pinpointed as clearly as “saving the global economy.” This week’s summit in Hamburg, Germany promises more of the same, with the real possibility that the G20’s stock could fall even further at the hands of a non-cooperative US delegation.
At a recent budget hearing, committee chairman Hal Rogers drew Mnuchin’s attention to the fact that the “past due” notices from the World Bank and regional MDBs are now approaching a record $2 billion. Mnuchin acknowledged a problem, expressed some degree of mystification about federal budget accounting, and pledged to get things in order. So what’s all of this about?
Here, CGD experts Amanda Glassman, Scott Morris, and Jeremy Konyndyk weigh in on some of the key points we heard (and live tweeted) during Secretary Tillerson’s testimony before the Senate Foreign Relations Committee and, later, when he answered questions from the Senate Appropriations Subcommittee on State, Foreign Operations, and Related Programs.
What Now for Paris, the Climate, and the Trump Administration? – Podcast with Scott Morris and Jonah Busch
President Trump’s recent decision to pull the United States out of the Paris climate agreement—what does it mean for the agreement? For the climate? And for the US? CGD senior fellows Scott Morris, director of CGD’s US Development Policy Initiative, and Jonah Busch, coauthor of the recent book on climate change Why Forests? Why Now?, join this week’s podcast to discuss.
The White House delivered an FY2018 budget request, featuring deep spending reductions, to a less-than-receptive Congress early last week. In a series of blog posts, CGD experts sounded off on the proposed cuts to foreign aid and the philosophy that seems to guide them—including the administration’s plans to shutter the Overseas Private Investment Corporation, continued support for the Millennium Challenge Corporation, and the merits and potential downsides of a proposal to shift some security assistance from grants to loans.
We visited the AIIB a few weeks ago, and heard more about the emerging AIIB model: What is likely to be the same—as at the five big legacy banks (the World Bank and the four regional development banks) and what is likely to be different.
The Trump administration has had very little to say about foreign assistance, apparently preferring to let the budget knife do its talking. But if we want to discern some sort of guiding philosophy to aid coming from this White House, perhaps we should look no further than aid to Israel and Egypt, the number one and number two overall US foreign aid recipients. In a budget that imposes double-digit cuts to programs aimed at disease eradication and response to humanitarian crises, military aid to these two countries has been cut not even by a whisker.
A joint analysis with the Center on Budget and Policy Priorities shows the Trump Administration’s proposed budgets cuts could leave US development spending further behind than ever on its fair share.