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CGD Policy Blogs

 

Former Mozambique President Joaquim Chissano Wins the $5 Million-Plus Mo Ibrahim Prize Partly for NOT Seeking a Third Term

In London today, Kofi Annan announced Joaquim Chissano, the former president of Mozambique, as the first winner of the largest award in the world--the Mo Ibrahim Prize for Achievement in African Leadership. The award consists of $5 million over 10 years and US$200,000 annually for life, as well as up to $200,000 a year for 10 years "towards the winner's public interest activities and good causes". President Chissano was praised for putting his country on a path towards peace and democracy and for a variety of economic reforms.

Washington Post Editorial Gets it Wrong on the Volcker Report on Corruption and the World Bank; Financial Times Does Better

A Washington Post editorial today ( A Fight Over Corruption ) says that the new report by former Federal Reserve chairman Paul Volcker on the effectiveness of the World Bank's anti-corruption department, (the Institutional Integrity Department or INT)) "reserved its toughest language for the bank bureaucracy itself." The editorial then quotes from the report:

The Power of Sunlight: Calls for Corporate Transparency and Public Disclosure of Greenhouse Gas Emissions are Growing Louder by the Day

As public demand for a climate-conscious government grows, so does the proposed legislation in Congress. At least half a dozen bills aimed at reducing greenhouse gas emissions have now been introduced. But even if these bills were passed and entered into law today, many would not take effect for at least three years – perhaps longer given the prospect of legal delays. At the same time, the window for action is quickly closing.

President Bush in Latin America: Democracy, Social Justice and a Dollop of Aid

President Bush is going to Latin America, and that has inspired a round of commentary in the mainstream press. A New York Times editorial urges the President to focus on democracy, human rights and social justice, and applauds the recent doubling of U.S. aid to the region. Democracy and social justice and a dollop of aid (the current budget of $1.6 billion is barely 1 percent of spending by Latin governments on health and education) are good things.