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CGD in the News
December 31, 2009
WASHINGTON: Whatever happened to debt relief for the poorest countries in Africa? That's the question nobody is asking in the applause for the Bush administration's announcements last week of new support for AIDS prevention ($500 million) and for basic education ($100 million) in the world's poorest...
CGD in the News
December 31, 2009
Political leaders in the world's richest nations frequently proclaim their fervent desire to end poverty worldwide and boast of their spending on foreign aid to poor nations, reports the International Herald Tribune. Their aid efforts - which add up to about $58 billion a year - are praiseworthy. Bu...
CGD in the News
December 31, 2009
The distance between a Wall Street bond trader and a two-year-old in a village in Mozambique is shrinking. What is bringing the two together is a recognition that it may be possible to reduce one kind of risk - the risk of disease that the Mozambican child faces - by buying and selling another kind ...
CGD in the News
December 30, 2009
The Group of Eight’s debt forgiveness deal is an historic agreement that could end two decades of debt problems for 18 poor countries, with another nine waiting in the wings. Although the financial benefits are small, the deal forgives 100 per cent of the debts owed to the World Bank, International ...
CGD in the News
December 30, 2009
The inauguration this week of Ellen Johnson Sirleaf as president of Liberia could provide the war-torn nation a desperately needed fresh start. In a Boston Globe op-ed, CGD's Steve Radelet and Jeremy Weinstein describe the huge challenges facing President Sirleaf and urge the U.S. to help demobilize...