The increasing regularity and intensity of extreme weather events has drawn needed attention to incorporating resilience into planning and construction of infrastructure.
CGD Policy Blogs
AIIB Voting Power: How Does It Compare to the other MDBs and What Does it Mean for the US and Japan?
In our previous post, we calculated voting power in the Asian Infrastructure Investment Bank (AIIB), using the formula published in the bank’s articles of agreement. Here we compare AIIB voting power to that of the World Bank and Asian Development Bank (ADB), the other two major multilateral development banks MDBs) active in Asia.
This is shaping up to be a big year for US trade policy. Most eyes are on potential deals with the Pacific Rim and Europe (and reeling from Senator Reid’s latest blow to their prospects). Those of us concerned with trade as a driver for development should also be watching Congress’ and the Obama Administration’s review of the African Growth and Opportunity Act (AGOA).
Many countries in Africa suffer high rates of under-employment or low rates of productive employment; many also anticipate large numbers of people entering the workforce in the near future. It is estimated that the working age population will rise to almost 800 million in 2030, up from the current number of 466 million. In our new paper , we ask the question— are African firms employing fewer people than firms located in other parts of the world? And if so, why?
Me, perhaps. In my last post on why President Obama should make electricity his signature Africa policy initiative, I claimed:
Will donors be able to “go big” on the African Development Fund (AfDF) this year, even if they want to? Here in the United States, budget austerity and restrictive funding rules stack the deck against any bold moves when it comes to multilateral contributions. But I think boldness in support of smart multilateral investments like AfDF may still be possible, and the United Kingdom’s multilateral aid review just might offer some clues on how to get there.
My guest on this Wonkcast is Alan Kyerematen, Ghana's former Minister of Trade, Industry and President’s Special Initiatives and one of nine candidates to be the next head of the World Trade Organization (WTO). In our interview, Minister Kyerematen tells me he possesses the skills and vision needed to lead the WTO.
Today, the World Bank launched a new report, "Growing Africa: Unlocking the Potential of Agribusiness." The report argues that agriculture and agribusiness should be at the top of the development and business agenda in Sub-Saharan Africa. The Bank is right to emphasize this issue--of the $25 billion of food that African countries import annually, only $1 billion comes from other African countries. The report offers a clear and well-researched exposition of the state and prospects of African agribusiness. It is broad in scope, encompassing agricultural production and upstream input markets as well as supply chains and agro-processing.
Morris, a newly arrived CGD visiting policy fellow, was previously the deputy assistant secretary for development finance and debt at the U.S. Treasury Department, where he led US engagement with the multilateral development banks.
This week marks what some consider the tenth anniversary of the conflict in Darfur. Sadly, this is not the only conflict still ravaging the people of Sudan and South Sudan. As the White House is preparing to name the United States’ seventh special envoy to Sudan and South Sudan in the last 12 years, I believe it’s time for a different approach to US policy, one that puts the central governance challenges in each state at the forefront.