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61. China in the G20 Summitry: Review and Decision-making Process

Author:
Alex He
Publication Date:
10-2014
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
As the largest emerging economy, China believes that the Group of Twenty (G20), instead of the Group of Eight (G8), is the ideal platform for its participation in global governance. This paper examines the reasons why China joined the G20 rather than the G8, and then focuses on a detailed review of China's participation in G20 summits since the enhanced forum began in 2008. China took a very active and cooperative attitude in dealing with the global financial crisis in 2008-2009. The paper observes that China also insisted on its own agenda for reforms to the international monetary system, through reforms to the international financial institutions that manage it — in particular, raising the number of voting shares and the representation of developing countries at the IMF and the World Bank. Based on the reviews of China's performance in the G20 summits since 2008, the paper explores China's policy making through its participation in the G20, determining that it is shaped by several major economic departments in addition to the Ministry of Foreign Affairs, and coordinated by a vice premier responsible for economic and financial affairs. The paper concludes that China has gained immensely from its participation in the G20. Most importantly, China entered the centre stage of global economic governance through the G20, which allowed the country to demonstrate that it is a responsible great power, and communicate and maintain relations with other major powers. The main challenges China has faced since joining the G20, from the perspective of some Chinese scholars, are a lack of capacity for agenda setting and shaping initiatives, as well as inadequate communication and coordination among different government departments and between the Sherpa and financial tracks of the G20.
Topic:
Economics, International Political Economy, International Trade and Finance, International Monetary Fund, Global Recession, Financial Crisis, and World Bank
Political Geography:
China

62. US Reconstruction Aid for Afghanistan: The Dollars and Sense

Author:
Catherine Lutz and Sujaya Desai
Publication Date:
11-2014
Content Type:
Working Paper
Institution:
Watson Institute for International and Public Affairs at Brown University
Abstract:
The United States, and its allies, the UN, NGOs, and the World Bank, have injected billions of dollars into what is commonly termed the "reconstruction" of Afghanistan since the war began in 2001. This paper focuses on United States spending on aid in Afghanistan, describing the rationale government officials have given for the aid, what they have spent money on, who has profited from the contracts to provide aid, and what the consequences of that spending have been in terms of benefits to the people of Afghanistan or the United States. The central findings of this review of US government investigative reports and existing field-based scholarship are that reconstruction aid has been allocated primarily to re-arming and policing Afghanistan, with poor or even counterproductive outcomes in both security and other-than-security domains. Furthermore, US companies have been among the primary beneficiaries of this aid, despite widespread fraud, waste, and dysfunction. In contrast to a focus on human needs, and rather than rebuilding the basis of a modern state, reconstruction has been focused on furthering United States security interests. Reconstruction thus sets the foundation for continued violence and impoverishment in the years to come.
Topic:
Corruption, Foreign Aid, and World Bank
Political Geography:
Afghanistan and United States

63. The Beautiful Tree: A Personal Journey Into How the World's Poorest People Are Educating Themselves

Author:
Kevin Douglas
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
The Objective Standard
Institution:
The Objective Standard
Abstract:
The Beautiful Tree is the inspiring story of James Tooley's quest to discover “how the world's poorest people are educating themselves.” Tooley begins his book by describing his serendipitous discovery of low-cost private schools for the poor in Hyderabad, India. While on an assignment for the World Bank to research the contribution of high-end private schools to the education of middle- and upper-income Indians, Tooley discovered that dozens of low-cost, for-profit private schools serve the poor in the slums of Hyderabad, and that parents choose to send their children to these private schools despite the fact that government schools are available for “free.” When Tooley returned to the World Bank and told his colleagues of his amazing find, their responses were typical of those he would receive during the rest of his investigation. Many refused to believe that low-budget private schools existed. The few who acknowledged their existence attempted to dissuade Tooley from giving them much attention, because, in their view, these schools were “ripping off the poor” and were “run by unscrupulous business people who didn't care a fig for anything other than profits” (p. 21). Tooley responded to such skepticism and cynicism by redoubling his efforts to learn about such schools. Inspired by what he found in Hyderabad, Tooley searched for similar schools in the slums of Nigeria, Ghana, and China. Tooley writes that many education officials he encountered were completely unaware of the low-cost private schools in their nations, and others went to great lengths to deny their existence. For example, in Nigeria, Tooley met Dennis Okoro, recently retired chief inspector of schools for the Nigerian federal government. Initially, Okoro professed ignorance that low-cost private schools existed; then he denied the possibility of their existence. When Tooley took Okoro into the slums of Makoko and showed him several schools, Okoro concluded that what he saw could not be private schools serving the poor, because “[t]he poor by definition cannot afford to pay fees for private schools. So if this was a fee-charging private school, it couldn't be for the poor” (p. 50). Similarly, Tooley describes officials at a regional education bureau in China who “argued” that, because the Chinese government's official position is that government provides basic education to all children, rich and poor, “what you propose to research does not only not exist, it is also a logical impossibility” (p. 97). This exchange came only moments after Tooley explained that he had already personally visited five such schools. The Beautiful Tree documents how Tooley ignored the advice of “development experts” (such as those at the World Bank) and pushed past the resistance and ignorance of education officials to build a team to help him investigate the phenomenon of low-cost private schools serving the poor. . . .
Topic:
Education and World Bank
Political Geography:
China and Nigeria

64. A Paradigm Shift thatNever Will Be?:Justin Lin’s New Structural Economics (pdf)

Author:
Ben Fine and Elisa Van Waeyenberge
Publication Date:
01-2013
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
This paper assesses the attempt by Justin Lin, former Chief Economist of the World Bank, to posit a new development paradigm through his New Structural Economics, NSE. Lin’s attempt to redefine development economics deserves scrutiny for at least two reasons. He launched his new framework from the platform that his position as Chief Economist at the Bank. Critical scrutiny of his propositions then allows for continued insights into the complex relationship between scholarship and policy at the Bank and further illuminates, more broadly, the role of the Bank across the spectrum of development economics, development studies and development policy. Second, Lin’s framework claims a return to a “structural” understanding of development, with a strong industrial policy rhetoric emanating from it. This has been greeted with considerable enthusiasm by erstwhile critics of the Bank. Closer scrutiny of the NSE, however, both reveals the flawed nature of its core theoretical notion of comparative advantage and exposes its strong, if unfortunately conservative, commitment to a flawed and incoherently applied neoclassical economics. These issues are explored across Lin’s propositions regarding structural change, the role of the state and finance and are further examined in the context of specific policy interventions that Lin attaches to the NSE.
Topic:
Development, Economics, Industrial Policy, World Bank, and Economic structure
Political Geography:
Global Focus

65. Editors' Note

Author:
Sikander Kiani and Michael Brannagan
Publication Date:
12-2012
Content Type:
Journal Article
Journal:
Georgetown Journal of International Affairs
Institution:
Georgetown Journal of International Affairs
Abstract:
The latest round of leadership changes at the IMF and the World Bank has generated increasingly intense criticism of the tacit Western hold on governance of these institutions. While this dynamic is indicative of global power adjustments, it also signals a paradigm shift in thought about issues and methodology of development and growth. John Maynard Keynes famously noted the influence economists exert on leaders as: “Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.” Perhaps it is time, especially in the field of development, to question the traditional monopoly of economists, and to effectively include scientists, anthropologists, and others to provide collaborative thought leadership.
Topic:
World Bank
Political Geography:
China

66. Why We Still Need the World Bank

Author:
Robert Zoellick
Publication Date:
03-2012
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
In 2007, the World Bank was in crisis. Some saw conflicts over its leadership. Others blamed the institution itself. When the International Bank for Reconstruction and Development, the cornerstone of what became the World Bank Group, was founded in 1944, poor and war-torn countries had little access to private capital. Sixty years later, however, private-sector financial flows dwarfed public development assistance. “The time when middle-income countries depended on official assistance is thus past,” Jessica Einhorn, a former managing director of the World Bank wrote in these pages in 2006, “and the IBRD seems to be a dying institution.” In roundtable discussions and op-ed pages, the question was the same: Do we still need the World Bank?
Topic:
War and World Bank
Political Geography:
Afghanistan, Japan, and Europe

67. Supporting Private Business Growth in African Fragile States: A Guiding Framework for the World Bank Group in South Sudan and Other Nations

Author:
Vijaya Ramachandran, Benjamin Leo, and Ross Thuotte
Publication Date:
04-2012
Content Type:
Working Paper
Institution:
Center for Global Development (CGD)
Abstract:
The World Bank Group faces significant operational changes over the near to medium term. More than half of poor countries are projected to graduate from the World Bank's International Development Association (IDA) concessional assistance over the next 15 years. As a result, IDA's country client base is projected to become dominated by African fragile states. To its credit, the World Bank Group recognizes these coming changes and the unique needs and constraints present in fragile environments. It has publicly expressed a plan to develop an organization-wide strategy tailored specifically for fragile and conflict-affected situations.
Topic:
Development, Foreign Aid, Fragile/Failed State, and World Bank
Political Geography:
Africa and South Sudan

68. How Can the World Bank Group Improve Its Private Sector Projects in African Fragile States?

Author:
Vijaya Ramachandran, Benjamin Leo, and Ross Thuotte
Publication Date:
04-2012
Content Type:
Policy Brief
Institution:
Center for Global Development (CGD)
Abstract:
In recent years, the World Bank Group has made increasingly strong and explicit commitments to fragile and conflict-affected states, putting them at the top of the development policy agenda. These commitments are promising, but give rise to significant operational challenges for the various arms of the World Bank Group, including the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The bank also faces steady pressure from shareholders to scale up involvement in fragile states while also improving absorptive capacity and project effectiveness.
Topic:
Development, Economics, Markets, Foreign Aid, and World Bank
Political Geography:
Africa

69. From the Editor

Author:
Rashid I. Khalidi
Publication Date:
12-2011
Content Type:
Journal Article
Journal:
Journal of Palestine Studies
Institution:
Institute for Palestine Studies
Abstract:
Can Palestine achieve liberation unilaterally by state-building and economic growth, despite the ongoing constraints of a suffocating occupation? Is a two-state solution of any sort still possible, and is it even desirable? What more can we learn about key turning points in Palestine's history like 1917 and 1948? The articles and essays in this issue of the Journal address these and other concerns about Palestine.
Topic:
Intelligence and World Bank
Political Geography:
Israel and Palestine

70. IDA at 65: Heading Toward Retirement or a Fragile Lease on Life?

Author:
Todd Moss and Benjamin Leo
Publication Date:
03-2011
Content Type:
Working Paper
Institution:
Center for Global Development (CGD)
Abstract:
Even under conservative assumptions, IDA will likely face a wave of country graduations by 2025. We project that it will lose more than half of its client countries and that the total population living in IDA-eligible countries will plunge by two-thirds. The remaining IDA-eligible countries will be significantly smaller in size and overwhelmingly African, and a majority are currently considered fragile or post-conflict. This drastically altered client base will have significant implications for IDA's operational and financial models. We conclude with three possible options for IDA and recommend that World Bank shareholders and management begin frank discussions on its future sooner rather than later.
Topic:
Demographics, Development, Health, World Bank, and Health Care Policy
Political Geography:
Africa