Mon, 27 Mar 2017 21:21:32 +0000
With big cuts to US bilateral and multilateral assistance looming, the House Committee on Financial Services convened a hearing to investigate accountability and results at the World Bank. Scott Morris, CGD’s director of the US Development Policy initiative (DPI), was joined by the International Consortium of Investigative Journalists’ Sasha Chavkin, CalTech’s Jean Ensminger, and BIC’s Elana Berger. It was a thoughtful conversation, with everyone on the panel agreeing that it is in the United States’ interest to continue engagement with the World Bank. Here are my main takeaways from the hearing.
Fri, 24 Mar 2017 20:59:54 +0000
Emergencies cause poverty, drive displacement, and exacerbate insecurity. Aid to tackle natural disasters is generous, but mainly arrives when needs are acute rather than when it would do most good. Responding effectively is hard because budgets are uncertain and funding gets promised but not delivered. Please join us for the launch of a new CGD report Payouts for Perils: Using Insurance to Radically Improve Emergency Aid setting out how we can use the principles and practice of insurance to save lives, money and time when catastrophes strike.
Fri, 24 Mar 2017 17:37:03 +0000
Private investment in health R&D by pharmaceutical companies, charitable foundations, and venture capital firms, among others, can help to save lives and boost the health of entire regions. But some countries’ health governance infrastructures, management capacities, regulatory processes, and policy conditions are better equipped to utilize this private funding than others. What governance factors promote an investment-friendly environment for the private sector? And how can countries attract more private sector health financing?
Fri, 24 Mar 2017 16:13:07 +0000
The World Development Report for 2017 is on Governance and the Law. The report fits into (and helps address) two linked debates about development and the role of the World Bank: first is the tension between best practices, rankings, and learning across economies with the ideas of going with the grain and problem-driven iterative adaption that have culminated in the President of the World Bank, Jim Kim, suggesting “we will never go back to the bad old days when the World Bank and other organizations told countries what to do. We don’t do that anymore.” Second is a debate over the strategic role of the Bank –building consensus and backing holistic endeavors like the SDGs or being more adversarial and pushing prioritization. Luis-Felipe Lopez-Calva, co-director of the Report will discuss these issues with Michael Klein, former vice president for financial and private sector development at the World Bank and a driving force behind the World Bank’s Doing Business indicators. An open discussion will follow.
Fri, 24 Mar 2017 13:38:24 +0000
The first Economic Inclusion Strategy for the EBRD, to be officially launched in May 2017, builds on four years of implementing inclusion concepts through the Bank’s operations. Economic inclusion, the opening up of access to labour markets, entrepreneurship and, more generally, economic opportunities to all is integral to achieving a transition to sustainable market economies. The strategy covers the period of 2017 – 2021 and reflects the experience and lessons learned from the EBRD’s distinctive private sector focused inclusion approach as well as evolving inclusion challenges and best international practices across sectors and geographic regions.
Thu, 23 Mar 2017 21:41:12 +0000
Here in the US, the Congress is wrestling with proposals to replace the Obama-era health reform. One strategy on the table is to modify the benefits that are legally required to be included in health insurance policies; in her confirmation hearing, incoming CMS Administrator Seema Verma suggested that maternity care could be dropped from the list of essential benefits.
Thu, 23 Mar 2017 17:35:01 +0000
Many in the development community lament that we have failed on two counts: broad audiences don’t know about unprecedented progress in poverty reduction and human development indicators in recent decades, and, if they do know, they don’t see the connection between aid programs and such progress. Despite strongs efforts on the part of development institutions to measure results, it remains hard to articulate them in a way that is compelling to nontechnical audiences—taxpayers who absolutely deserve to understand why and how development dollars are making a difference.
Thu, 23 Mar 2017 17:10:10 +0000
Each year, CGD’s Commitment to Development Index (CDI) rates 27 of the world‘s richest countries on their commitment to sustainable and fair policies towards poorer countries. This blog looks at why Germany’s performance is only mediocre, why the Finns do so much better, and how Germany’s policies could become more coherent, sustainable and fair.
Thu, 23 Mar 2017 15:44:34 +0000
Martin Kirk and Jason Hickel published a piece earlier this week on the annual Gates Letter. The core critique is that the letter is too rosy. In particular, Kirk and Hickel say of the Gates' letter: "some of their examples are just wrong." The case they provide in illustration is the idea that poverty has been cut by half since 1990. The Gates "use figures based on a $1.25 a day poverty line, but there is a strong scholarly consensus that this line is far too low." Use other poverty lines, and global poverty "hasn’t been falling. In fact, it has been increasing—dramatically.” (See related pieces by Jason here and here). I don't think this critique holds up.
Thu, 23 Mar 2017 14:55:34 +0000
The Center for Global Development and the International Rescue Committee invite you to a high level discussion of how the world can find realistic, workable solutions to the global refugee crisis. The event will mark the launch of a new joint report, Refugee Compacts: Addressing the Crisis of Protracted Displacement.