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CGD Policy Blogs

 

Who Gets the Debt If Sudan Splits? Ben Leo

Ben LeoA 2011 referendum in Southern Sudan will determine the sub-nation’s independence – and it’s just one month away. Ahead of the South’s possible secession, Sudanese leaders are scrambling to find solutions to a host of questions, a critical one being: What should be done with Sudan’s crushing $35 billion external debt burden?

The True True Size of Africa

The Economist has a nice piece here on the True Size of Africa. It’s about geographic size (Africa is bigger than you think – which is true for all countries and regions near the equator that don’t benefit from the Mercator distortion in our two-dimensional map world).

Can Oil Money Be Spent Well? Alan Gelb on Resource Revenues and Development.

Alan GelbMany developing countries have found that large deposits of oil or other natural resources are more a curse than a blessing. My guest on this week's Wonkcast is Alan Gelb, a senior fellow at the Center for Global Development. Together with co-author Sina Grassman, Alan has written a paper that explores the options facing developing countries with abundant natural resources and draws on historical evidence to recommend best practices for dodging the 'resource curse.'

The Gulf Gusher & Africa’s Offshore Oil Boom: Todd Moss and Vijaya Ramachandran

Todd Moss & Vij RamachandranAs the BP well in the Gulf of Mexico continues to spew thousands of barrels of oil each day, media attention has been focused on the toll on nearby economies and ecosystems and on the U.S. political response. On this edition of the Global Prosperity Wonkcast, we look beyond the Gulf of Mexico to explore what implications America’s biggest environmental disaster might hold for the new offshore oil boom getting underway in Africa.

Mo Governance in Africa? Not This Year (Again).

Is African governance getting better? The Mo Ibrahim Foundation seems to be having a tough time finding winners for its prize for retiring African presidents. The prize, designed to strengthen incentives for African leaders to relinquish office when their terms end, consists of US$5million over 10 years and US$200,000 annually for life thereafter. After giving the award to Mozambique’s Joaquim Chissano in 2007 and Botswana’s Festus Mogae in 2008, they decided no one deserved it last year.

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