cgd@5 - 2006 annual report

19
15 2002-2006 The First Five Years 1 Contents Contents Letter from Edward W. Scott Jr. Letter from Nancy Birdsall Opening Markets:Trade & Migration Aid Effectiveness Debt and Finance Global Health Development and Security Global Governance in an Unequal World Ideas to Action: CGD Changing the World Research Staff & Areas of Focus Advisory Group Staff List Resident Staff Visiting and Non-Resident Fellows Former Staff Publications List Books Working Papers Briefs & Essays CGD Collaborators Working Groups CGD Funders Grants and Contracts Individual Contributors Financials 2 3 4 6 8 10 12 14 16 18 18 22 22 22 23 24 24 25 29 31 32 34 34 35 36

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The Center for Global Development’s 2006 Annual Report

TRANSCRIPT

Page 1: CGD@5 - 2006 Annual Report

152002-2006 The First Five Years 1

Contents

Cont

ents Letter from Edward W. Scott Jr.

Letter from Nancy Birdsall

Opening Markets:Trade & Migration

Aid Effectiveness

Debt and Finance

Global Health

Development and Security

Global Governance in an Unequal World

Ideas to Action: CGD Changing the World

Research Staff & Areas of Focus

Advisory Group

Staff List

Resident Staff

Visiting and Non-Resident Fellows

Former Staff

Publications List

Books

Working Papers

Briefs & Essays

CGD Collaborators

Working Groups

CGD Funders

Grants and Contracts

Individual Contributors

Financials

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6

8

10

12

14

16

18

18

22

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24

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29

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Page 2: CGD@5 - 2006 Annual Report

142 Center For Global Development 152002-2006 The First Five Years 3

During the past five years, the Center for Global Development has become the mostimportant voice aiming to inform and influence the way in which the rich countriesbehave toward the world's poorest citizens. The Center does this through rigorousresearch and informed advocacy, remembering always that our clients are the world'smost disadvantaged people, who rarely have a chance to affect the actions of the richcountries that often directly affect them.

The Center came into being as a result of thoughtful advice from a core group ofWashington insiders. They told me that the U.S. government and the other G-8 powershad few trusted sources of information and analysis about development policy choicesthat have direct and significant consequences for the poorest countries. The Center wasestablished to fill that gap; I think most observers would agree that it has done soremarkably well.

The scope and depth of the Center's work in its first five years is breathtaking. Recentactivities reflect the powerful impact of that research. Areas addressed include aid effec-tiveness, debt and development financing, global health, trade and migration, education(particularly of girls) and the effectiveness of the multilateral institutions, such as theWorld Bank, the IMF and the Global Fund to Fight AIDS, TB and Malaria.

Two recent events highlight the impact of this work: the billions of dollars in debt reliefnegotiated by Nigeria with its creditors based on analysis and proposals developed by CGD;and the direct technical assistance provided by the staff of CGD to Liberia at the request ofits new president, Ellen Johnson Sirleaf, Africa's first elected female head of state.

The Center's annual Commitment to Development Index, which ranks 21 rich countriesaccording to the development friendliness of their policies and practices in six areas such asaid, trade and security, has given much-needed structure to the global debate about whichrich countries do the most-and least-to support poor people's efforts to improve their lives.

The extraordinary breadth and quality of the work of the Center has been achievedbecause of the superior talent recruited by CGD's president, Nancy Birdsall, and by theleadership that she has provided. If, in the future, CGD is deemed to have had some realinfluence on improving the quality of life of the world's poorest people, it will be becauseof the skill, insight, effectiveness and dedication of that team.

I thank them all.

Edward W. Scott, Jr.Founder and Chairman of the BoardCenter for Global DevelopmentOctober, 2006

Letter from Edward W. Scott, Jr.Founder and Chairman of the Board

At the Center for Global Development we believe that changes in the policies and practices ofthe United States, other rich countries, international corporations and institutions matter forpeople in developing and emerging market countries, and that our research and policy advo-cacy can make a real difference in their lives. I am delighted at how effective we have been inour first five years, and proud that we have established a solid reputation for independent, evi-dence-based analysis and ideas. Looking ahead, I am confident that we will continue toexpand and deepen our work. Certainly development advocates face immense challenges inmaking our global system more friendly to the world's poor majority.

The ingredients of our success are straightforward: an engaged and supportive Board, world-class scholars dedicated to real-word change, and the finest professionals in communicationsand management. This happy combination has been possible because of the generous start-upgift of our Board Chairman, Ed Scott, and the financial support of individuals and of people inthe foundation, corporate and official worlds. Ed's deep impatience with the needless toll ofpoverty and disease and his conviction that Americans and others in the rich world are funda-mentally generous and well-meaning has kept us on course.

I hope our friends and supporters will enjoy this overview of our accomplishments. I hope alsothat our potential to do more is evident. We are ambitious. Our goals include: major reforms ofthe flawed aid "industry"; new, bigger and predictable financing of key global public goods,especially to combat malaria and other tropical diseases; an international initiative, led bydeveloping countries, to promote credible impact evaluation—including of microfinance andAIDS prevention and treatment programs; migration policies of OECD countries that will maxi-mize the "brain gain" for sending countries; getting the immense costs that climate change willimpose on the world's poorest peoples on the global agenda; and rethinking the challenge ofout-of-school girls, most of whom we now know are members of socially excluded groups intheir own countries.

I am immensely grateful to our friends and supporters who understand the logic of policyleverage—that even small adjustments in policies and habits and rules of the rich world canimprove the lives for millions of the world's poor and disadvantaged. To change one child'slife for the better—by donating money for a school meal or an immunization—is to be gener-ous and fortunate. To have an opportunity to work for a better aid or trade bill, or a more effec-tive IMF, or a program that attracts private investment in clean water or new seeds—and tothus transform the lives of millions of children and of their children and grandchildren—is tobe truly privileged.

I encourage you to take a few minutes to read this short report on our first five years. I hopethat you will be inspired join with us in a common effort to transform more lives and make abetter world for us all.

Sincerely,

Nancy BirdsallPresident, Center for Global DevelopmentOctober, 2006

Letter from Nancy BirdsallPresident

Page 3: CGD@5 - 2006 Annual Report

144 Center For Global Development 152002-2006 The First Five Years 5

Opening Markets: Trade & MigrationWhat can the rich world do to help poorpeople in developing countries share inthe benefits of global markets? Theanswer may be simple: let them work.Identifying and encouraging rich-worldpolicies and practices that remove barrierspoor people face when trying to work toimprove their lives is the starting point forCGD's work on trade and migration, two ofthe seven components in CGD’s signatureCommitment to Development Index, whichannually ranks 21 wealthy countries.

The CDI's trade component shows thatsome countries that consider themselvesmodel global citizens, Japan andNorway, for example, have some of thehighest barriers to products produced indeveloping countries. In Trade Policyand Global Poverty (2004), senior fellowWilliam Cline estimates that global freetrade could lift some 400 million peopleout of poverty. The widely cited figurehas helped to ensure that the potentialeffects of better trade policy in reducingglobal poverty cannot be overlooked.

In Delivering on Doha: Farm Trade and thePoor (2006), senior fellow Kimberly Elliottprovides a detailed analysis of trade-dis-torting agricultural policies in rich coun-tries; how and why agricultural reform is

essential to a successful Doha Round; andwhy the poorest countries also will needeffective aid and complementary policiesto overcome internal bottlenecks, such asinadequate roads, ports and customsauthorities, which limit their ability torespond to market opportunities.

Barriers to developing-country exportscontribute to immigration pressures. Ifpoor people cannot find decent jobs intheir own countries, they will go wherethe jobs are. While most of the rich-world migration debate focuses on theimpact of migrants on receiving coun-tries, CGD's work focuses on the effectsof labor mobility on the people whomove, and the countries they leave. Thisemerging area of work looks beyond theimpact of remittances, which haveattracted considerable attention, to shedlight on the many other effects of migra-tion that remain poorly understood.

Give Us Your Best and Brightest: TheGlobal Hunt for Talent and Its Impact onthe Developing World (2005), by non-resi-dent fellow Devesh Kapur and JohnMcHale, provides an in-depth look at thedevelopment impact of skilled migrationand offers practical suggestions for moredevelopment-friendly policies. Let Their

People Come: Breaking the Gridlock onGlobal Labor Mobility (2006), by non-resi-dent fellow Lant Pritchett, argues thattemporary labor permits allowing a mere3 percent increase in the rich-world laborforce would offer the developing worldannual benefits worth $305 billion, morethan aid, Doha Round trade liberalizationand the annual savings from debt reliefcombined. His practical proposal for aworkable system of permits includes twoinnovative components: labor-sendingcountries take responsibility for ensuringthat temporary workers actually returnhome, while host countries take respon-

sibility for certifying labor shortages inspecific industries.

Research fellow Michael Clemens hasbegun new research on the effects ofemigration on developing-countryprospects. His current focus is an assess-ment of the impact of the exodus of sub-Saharan nurses and doctors—the so-called “brain drain”—on health in theregion. An emerging conclusion: lack ofproperly paid jobs in the region, ratherthan job offers from overseas, is the coreof the problem.

Open

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Photos: 1. Dennis de Tray, CGD vice president; Festus Mogae, president of Botswana; Nancy Birdsall, CGD president; andEdward W. Scott, Jr., CGD board chairman. 2. CGD migration study group with research fellow Michael Clemens (left) andDevesh Kapur, CGD non-resident fellow and associate professor of political science at the University of Pennsylvania(right). 3. Lant Pritchett, CGD non-resident fellow and lead economist, World Bank. 4. William Cline, joint senior fellow atCGD and the Peter G. Peterson Institute for International Economics.

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146 Center For Global Development 152002-2006 The First Five Years 7

How to improve the effectiveness of devel-opment assistance has been at the core ofCGD's work; the Center quickly made itsmark as an intellectual leader in a fieldcharacterized by polarized positions.

Aid is the first of the seven componentsin CGD's Commitment to DevelopmentIndex (CDI). Designed by research fellowand index architect David Roodman, theaid component penalizes “tying” (requir-ing that aid be spent on the donor's con-sultants or products), low selectivity (aid-ing countries that are middle-income orcorrupt) and the proliferation of smalldonor projects that burden recipients. Byintroducing a quantifiable measure of aidquality, the CDI has transformed cross-donor comparisons that had focused onthe volume of dollars transferred.

Measurement aside, debate rages aboutwhether aid works: is it money wasted,or should aid be doubled? CGD hasshed light on these questions with arange of research, from econometricanalyses to case studies. In 2003, WilliamEasterly, then a CGD resident senior fel-low, along with Ross Levine andRoodman, published research challeng-ing a World Bank finding that aid works

in well-governed countries. A year later,CGD fellows Steven Radelet and MichaelClemens showed that some types of aid,such as infrastructure investment, doindeed stimulate short-term growth. In2004, CGD published Millions Saved:Proven Successes in Global Health, casestudies of more than a dozen large-scaleprograms that demonstrate how, in par-ticular circumstances, outside help canbring about impressive improvements inhealth. Separately, Clemens and CGDcolleague Todd Moss demonstrated thatprogress toward the MillenniumDevelopment Goals is likely to be slowin many countries regardless of howmuch aid they receive. These works arecontributing to the understanding of whyand how to reform aid policies andapproaches, and to the potential and lim-itations of aid in different settings.

As donors have sought to do business innew ways, CGD has provided insightsfrom a careful look at the evidence. Inthe United States, for example, theMillennium Challenge Account (MCA)was established in 2002 to provide largeamounts of flexible assistance to coun-tries that do well in three areas: rulingjustly, investing in people and fostering

economic freedom. CGD has made sig-nificant contributions to the design ofthis new U.S. program: in 2003, theCenter published Radelet's ChallengingForeign Aid, which set forth many of theguiding premises of the new aid pro-gram. Later, CGD launched the MCAMonitor to provide rigorous, agile cover-age and analysis of the MCA. Led byRadelet and senior policy analyst SheilaHerrling, the MCA Monitor tracks devel-opments through analytical notes, MCAMonitor Reports from the Field thatassess country experiences firsthand,and a policy blog.

CGD is also helping to shape the debateabout how to ensure that the billions ofdollars in aid being spent to combatHIV/AIDS in developing countries will beused effectively. Under the direction ofsenior program associate NandiniOomman, CGD's HIV/AIDS Monitor isexamining the three largest programs:The Global Fund to Fight AIDS,Tuberculosis and Malaria; the U.S.

President's Emergency Plan for AIDSRelief (PEPFAR); and the World BankAfrica Multi-Country AIDS Program(MAP). By tracking how the programs'combined $5 billion a year in aid is allo-cated and disbursed, and by studying theprograms' design, delivery and manage-ment, HIV/AIDS Monitor offers insightsinto what combination of approachesworks best in particular contexts.

Aid Effectiveness

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Photos: 1. Gawain Kripke, senior policy advisor, Oxfam America; Vijaya Ramachandran, CGD visiting fellow and assistantprofessor of public policy at the Georgetown Public Policy Institute; and Peter Timmer, senior fellow. 2. Steve Radelet,senior fellow with Sebastian Mallaby, Washington Post columnist. 3. Amb. John Danilovich, CEO, Millennium ChallengeCorp.; Most Reverend Archbishop Njongonkulu Ndungane of Capetown, South Africa; William Easterly, CGD non-residentfellow and professor of economics, New York University; Jeffrey Sachs, honorary CGD board member and director of theEarth Institute, Columbia University; Nobel Peace Prize Laureate Norman Borlaug speaks at a CGD event on the Prospectsfor a Green Revolution in Africa.

Page 5: CGD@5 - 2006 Annual Report

148 Center For Global Development 152002-2006 The First Five Years 9

Capital flows are one of the most power-ful mechanisms linking high- and low-income countries. Better debt policies byrich countries have been at the core ofCGD's mission since its inception, whilethe rapid expansion of private financingto emerging and frontier markets is anincreasing focus of CGD's agenda.

CGD's first book, Delivering on DebtRelief: From IMF Gold to a New AidArchitecture by president Nancy Birdsalland John Williamson, a senior fellow atthe Institute for International Economics,helped to frame discussions on thefuture of the Heavily Indebted PoorCountries Initiative and how it isfinanced. The Center's work played acatalytic role in the historic debt reliefdeal between Nigeria and the Paris Club

of creditors in October 2005, resulting inAfrica's biggest-ever debt reduction.

According to a recent book by senior fel-low William Cline, how wealthy countrieshandle their own debt also matters tothe prospects for developing countries.In The United States as a Debtor Nation(2005), Cline argues that the U.S. escalat-ing current account deficit and borrow-ing from abroad require a domestic fis-cal adjustment that, if delayed, wouldlikely cause a recession and high interestrates, with dire consequences for devel-oping countries.

The expansion of private capital flows topoor countries and efforts to promote amore vibrant private sector are other areasof CGD analysis. Central to these trends

has been the common, if controversial,policy of privatizing state-owned assets. Intheir introductory essay to Reality Check:The Distributional Impact of Privatizationin Developing Countries (2005), NancyBirdsall and former senior fellow JohnNellis look at the effects of these policiesand conclude that the poor have benefitedmore than is generally realized.

CGD has also tackled the determinantsand impact of private investment in thepoorest countries. Does Foreign DirectInvestment Promote Development?(2005), edited by non-resident fellowTheodore Moran, along with Edward M.Graham and Magnus Blomström, bringstogether cutting-edge research on thequestion. Working papers by visiting fel-low Vijaya Ramachadran employ newdata to analyze the investment climatesin African countries and the barriers tocompanies' expansion. Work in this areaby senior fellows Todd Moss and LilianaRojas-Suarez examines policies of richcountries that affect such issues as capi-

tal flows to emerging markets, theeffects of innovative finance and donorefforts to promote entrepreneurship inthe poorest countries.

CGD analysis was instrumental in achiev-ing debt relief for Nigeria, Africa's mostpopulous country and home to 100 mil-lion people who live on less than a dollara day. In a working paper, DoubleStandards, Debt Treatment, and WorldBank Country Classification: The Case of Nigeria (2004), Todd Moss, Scott Standley and Nancy Birdsall made acompelling case that Nigeria should beeligible for soft loans—a debt relief pre-

requisite. Nigeria's subsequent change instatus in June 2005 enabled debt reliefnegotiations to begin. An April 2005 CGDNote by Moss, Resolving Nigeria's DebtThrough a Discounted Buyback, influ-enced the structure of the eventual out-come: Nigeria used oil revenue to paypart of its debt, while creditors wrote offthe rest. In October 2005, thanks in part toCGD's contributions, Nigeria and the ParisClub reached agreement for debt reliefworth $18 billion and an overall debtstock reduction of $30 billion.

Nigerian Debt Relief

Debt and Finance

Debt

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Photos: 1. Ricardo Hausmann, director of Harvard University Center for International Development; Rodrigo de Rato,managing director, IMF; Kemal Dervis, administrator of the United Nations Development Programme and chair of theUnited Nations Development Group. 2. Lawrence Summers, CGD board member, former president of Harvard, secretaryof the U.S. Treasury, and chief economist of the World Bank. 3. Members of the CGD working group on IMF SupportedPrograms and Health Expenditures; 4. Ngozi Okonjo-Iweala, former minister of finance, Nigeria.

AFP/Getty Images

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1410 Center For Global Development 152002-2006 The First Five Years 11

Led by senior fellow and director of pro-grams Ruth Levine, GHPRN bringstogether leading thinkers to address criti-cal policy and finance challenges in glob-al health. The network's working groupsinclude experts in economics, politicaland social science and other disciplineswho jointly create recommendations thatgo beyond the conventional wisdom.Previous products of the network includeMillions Saved: Proven Successes inGlobal Health (which is required readingin more than a dozen universities andwill be re-released in 2007 as an under-graduate- and graduate-level reader),proposals for an independent impactevaluation entity, and an Advance MarketCommitment mechanism.

The network has launched several newinitiatives to tackle major problems ininternational health:

• how to improve procurement of essen-tial medicines and other global health products;

• how to use performance-based incen-tives to improve essential health servic-es for poor people;

• how to enhance the timeliness, compre-hensiveness and access to informationon public and private health spendingin developing countries; and

• the interaction between IMF macro-eco-nomic programs and health expenditures.

Better Policy,Better Health

Donors invest billions of dollars each yearto help poor countries combat sicknessessuch as AIDS and malaria and to improveglobal health. How donors can improvethe effectiveness of these efforts and ulti-mately save more lives is the centralquestion that CGD's Global Health PolicyResearch Network (GHPRN) investigates.

One of the biggest challenges is ensuringthat potentially life-saving technologiesare created and made available to peoplein the developing world who suffer mostfrom illness—from malaria, AIDS, diar-rheal disease, respiratory infection andother killers. Currently, the pharmaceuti-cal industry has little or no incentive todevelop vaccines against such diseases—or even to make vaccines recently devel-oped for the U.S. and other rich-worldmarkets available to poor countries—because they cannot make a businesscase that justifies the large up-frontinvestment in research and development(R&D) and manufacturing facilities. No market, no product.

To address this dilemma, a group con-vened by the GHPRN and co-chaired byRuth Levine, Michael Kremer and AliceAlbright brought together experts in publichealth, economics, development policy andlaw to design an “Advance Market

Commitment.” Under the proposal, spon-sors would offer a commercial incentive forfirms to undertake R&D by promising tounderwrite developing countries' purchaseof the resulting vaccines. The workinggroup calculated the size of commitmentneeded to spur R&D for a malaria vaccine(about $3 billion), and provided draft legallanguage that sponsors could use to credi-bly commit in advance to pay for vaccineswhen and if they are proven effective.

Drawing on the findings of the group'sreport, Making Markets for Vaccines:Ideas to Action (2005), finance ministersfrom several of the world's wealthiestnations decided to pilot an AdvanceMarket Commitment mechanism. G-8leaders endorsed the plan at their 2006summit, and the U.S. Senate is consider-ing legislation incorporating the idea.

Global Health

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Photos: 1. Michael Kremer, CGD non-resident fellow and Gates professor of developing societies, Harvard University. 2.Ruth Levine, director of programs and senior fellow; Suman Bery, director-general, National Council of Applied EconomicResearch, New Delhi; and Rajat Gupta, former managing director, McKinsey & Co.; at a meeting in India. 3. GonzaloHernandez Licona, executive secretary, National Council for the Evaluation of Social Programs, Mexico, with Ruth Levine.

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1412 Center For Global Development 152002-2006 The First Five Years 13

The September 11, 2001, terrorist attackson the United States focused fresh atten-tion on the complex relationship betweeninstability in weak and failing states andthe safety and security of citizens in richcountries. Aware of the need for a bal-anced, informed look at the key policyissues, the Center convened a bipartisancommission to outline a comprehensiveU.S. strategy to address the threat thatweak and failed states may pose to U.S.and global security. Co-chaired by StuartEizenstat, a veteran of the Carter andClinton administrations, and John EdwardPorter, a former 11-term Republican con-gressman, the commission's 30 membersincluded former U.S. government officialsand members of Congress, scholars andrepresentatives of civil society organiza-tions and the private sector. The commis-sion's report, On the Brink: Weak Statesand U.S. National Security (2004), empha-sized that development is itself a securityimperative and that the U.S. governmentis poorly organized to address it.

The report helped to shape some reformsadopted by the Bush administration, includ-ing creation of a State Department office tohelp coordinate U.S. responses to failed andwar-torn countries. One important recom-

mendation that has yet to be acted upon—and that the Center continues to activelypromote—is for the creation of a Cabinet-level department that would be responsiblefor addressing development issues, includ-ing the specific challenges of bolsteringinstitutional reform, alleviating poverty andpreventing conflict in the world's most trou-bled developing countries.

Short of the Goal: U.S. Policy and PoorlyPerforming States (2006), edited by NancyBirdsall, Milan Vaishnav and Robert L.Ayres, sets a practical agenda forincreased American effectiveness in deal-ing with failed states to promote econom-ic development and international security.The volume provides in-depth countrycase studies and proposes concrete rec-ommendations to reform U.S. foreign anddevelopment policy to mitigate conflict,advance growth and bolster good gover-nance in poorly performing countries.

The Center's new initiative on engagingfragile states, led by CGD vice presidentDennis de Tray and research fellowStewart Patrick, is building on the com-mission's work in five thematic areas: cor-ruption, natural resource wealth manage-ment, the relationship between fragile

states and transnational threats such asterrorism, effective aid in fragile states,and a comparative evaluation of donorefforts to improve policy coherence andoperations in fragile states.

CGD analysis of U.S. and other rich coun-tries' policies toward fragile states is com-plemented by on-the-ground experiencein Liberia, a new democracy in the earlystages of recovery after 25 years of mis-rule and civil war. The landmark electionin 2005 of Ellen Johnson Sirleaf, Africa'sfirst female head of state, to the presiden-cy of Liberia has brought hope andrenewal to the ravaged country. At therequest of the Liberian government, sen-ior fellow Steven Radelet and others fromCGD are offering advice and analysis insupport of Liberia's reconstruction anddevelopment at this defining moment inits history, with a particular focus onLiberia's interaction with donors.

Development and Security

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Photos: 1. U.N. deputy secretary general Mark Malloch Brown and research fellow Stewart Patrick. 2. Ellen JohnsonSirleaf, president of Liberia. 3. Moisés Naím, editor-in-chief, Foreign Policy, and Nancy Birdsall present U.S. Rep. JimKolbe with the 2006 Commitment to Development Award (see Ideas to Action, p. 16)

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1414 Center For Global Development 152002-2006 The First Five Years 15

Rapid growth in China and India is reduc-ing the number of the world's poor. Butthe world's poorest countries, in sub-Saharan Africa and elsewhere, are grow-ing slowly, and the gap between the rich-est and poorest countries is widening.Inequality within many countries is alsoincreasing. In a series of papers and inher 2005 WIDER (World Institute forDevelopment Economics Research) lec-ture, The World is not Flat: Inequality andInjustice in our Global Economy, CGDpresident Nancy Birdsall has argued thatthe inherent asymmetries of a globaleconomy pose new problems thatrequire new thinking. Among today'sglobal problems are the internationalcosts of state failure, the risks of climatechange, cross-border corruption and sexand drug trafficking, the missing GreenRevolution in Africa, and the slow pace ofinternational action to reduce worldpoverty. Each of these problems pointsto the potential benefits of more effectiveand more legitimate global institutions.

The United Nations and the internationalfinancial institutions—the IMF, WorldBank and other multilateral developmentbanks—are the major sources of finan-cial and technical support for poor coun-tries and exercise important influence

over development. But their policies arelargely determined by the major share-holders—the rich countries that providemost of the capital—rather than by thedeveloping countries that are the multi-lateral financial institutions' customers.The Center's research and analysis offerspractical suggestions for making theglobal institutional framework moreeffective and more responsive to devel-oping countries' needs.

A Better Globalization: Legitimacy,Governance, and Reform (2005), byKemal Dervis, a former minister of eco-nomic affairs in Turkey and CGD visitingfellow who has since become the chiefadministrator of the United NationsDevelopment Programme, is a reformistvision that argues for a renewed, morelegitimate, and more effective UnitedNations at the center of an improvedglobal governance framework.

In 2005, CGD released The Hardest Job inthe World: Five Crucial Tasks for the NewPresident of the World Bank , the first inwhat has become a series of workinggroup reports on reform priorities for themultilateral financial institutions. Thereport, which offers bold but practicalrecommendations for restoring the

Bank's legitimacy and increasing itseffectiveness, was published with select-ed essays (by many of the world's mostinfluential observers of the World Bank),as Rescuing the World Bank (2006). Alsoin 2006, CGD in partnership with theLatin American Shadow FinancialRegulatory Committee released A NewEra at the Inter-American DevelopmentBank: Six Recommendations for the NewPresident; and a CGD working grouppublished Building Africa's DevelopmentBank: Six Recommendations for the AfDBand its Shareholders. The three reportsare helping to shape efforts to strength-en these important institutions.

Critics of the IMF argue that its macro-economic programs unduly constrainhealth and other social expenditures,even when external financing is poten-tially available. They argue that measuressuch as moratoriums on public hiringand ceilings on government wage bills

undermine efforts to strengthen the pub-lic health workforce. Visiting fellowDavid Goldsbrough, former deputy direc-tor of the IMF Independent EvaluationOffice, is investigating whether the IMF'sapproach in low-income countries hasunduly constrained governments' macro-economic policies when billions of dol-lars in external financing are potentiallyavailable, for example, to deal withHIV/AIDS and other health problems.

Global Governance in an Unequal World

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Photos: 1. Members of the Latin American Shadow Financial Regulatory Committee: Pedro Carvalho de Mello, formercommissioner of Comissão de Valores Mobiliários; Roque Fernandez, former minister of finance of Argentina; RobertoZahler, former president, Central Bank of Chile; senior fellow Liliana Rojas-Suarez; Ernesto Talvi, former chief economist,Central Bank of Uruguay; Guillermo Chapman, former minister of planning and economic policy, Panama; 2. DonaldKaberuka, president of the African Development Bank with CGD vice president Dennis de Tray. 3. Nancy Birdsall withNobel Laureate Joseph Stiglitz, honorary CGD board member; and C. Fred Bergsten, CGD board member and director ofthe Peter G. Peterson Institute for International Economics.

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1416 Center For Global Development 152002-2006 The First Five Years 17

From the start, CGD aimed to be morethan a think tank. Recognizing that manyexcellent ideas languish while only a fewbecome reality, the Center has soughtinnovative ways to move ideas to action.The Center's efforts to improve policy andpractice include working directly with deci-sion makers and engaging the broaderdevelopment community, the private sec-tor and others who influence decisionmakers' views and actions.

For some policy problems, the path towarda solution can be found by bringing togeth-er diverse perspectives, engaging in collab-orative analysis and developing recom-mendations. Working groups that developsuch recommendations complement theCenter's in-depth individual scholarship,enriching the Center's work with the knowl-edge of technical experts, senior policymak-ers, implementation specialists, privatebusiness people and other backgrounds.

For example, the Commission on WeakStates and National Security forged con-sensus across party lines to produce prac-tical policy recommendations with strongpolitical backing. The Advance MarketCommitment working group benefitedfrom its members' expertise in law, eco-nomics, industry and public policy to

assess how a theoretical mechanism tocreate a market for a not-yet-developedvaccine could work in practice.

Beyond creating specific policy recommen-dations, CGD works to inform the engagedpublic about the importance of sounddevelopment-related policy. To do this, theCenter communicates with a variety ofaudiences through the CGD website, policyblogs, a widely read weekly e-mail newslet-ter, invitation-only and public events, andprint publications from books to shortbriefs and notes. CGD's Rich World, PoorWorld briefs, updated in 2006 with colorphotos and charts, are used by such groupsas InterAction, CARE, the Returned PeaceCorps Volunteer Association, and the ONECampaign in their public education work.

One of the Center's most important com-munication tools is the Commitment toDevelopment Index (CDI), which remindsthe world that reducing poverty is about farmore than giving money. Created jointlywith Foreign Policy magazine, the CDIannually ranks 21 countries across sevenpolicy areas (aid, trade, migration, invest-ment, peacekeeping, technology and envi-ronment) to show which countries' policesare most-and least-friendly to develop-ment. The CDI has generated debate and

discussion in government, academia andinternational organizations. Finland and theNetherlands have adopted it as a tool forevaluating their development policy coher-ence. The CDI is now supported by a con-sortium of rich-country governments thatincludes Australia, Canada, Denmark,Finland, France, the Netherlands, Norway,Sweden, Switzerland, the United Kingdomand the United States, as well as by a grantfrom the Rockefeller Foundation.

CGD and Foreign Policy launched in 2003an annual Commitment to DevelopmentAward. Judged by a distinguished interna-tional panel, the award honors an individ-ual or organization that has made a signifi-cant contribution to raising public aware-ness and changing the attitudes of the richworld toward poor countries. Winnersinclude Congressman Jim Kolbe (2006);Gordon Brown, U.K. Chancellor of theExchequer (2005); Oxfam's Make Trade FairCampaign (2004); and the European minis-ters of international development whofounded the Utstein Group (2003).

In 2005, CGD convened the Evaluation GapWorking Group to analyze why so little isknown about “what works” in developmentand to find ways to learn more about theimpact of social programs in developingcountries. Senior fellow and director of pro-grams Ruth Levine, William Savedoff, andCGD president Nancy Birdsall led the group.After a year of analysis, deliberation and con-sultation, CGD published When Will We EverLearn? Improving Lives Through ImpactEvaluation (2006). The report recommendsreinforcing existing evaluation efforts andcreating a new, independent entity to fundrigorous impact evaluations. Scores ofexperts signed a statement urging action onthe report's recommendations.

International leaders met at the RockefellerFoundation Conference Center in Bellagio,Italy, in June 2006 to discuss the report.Participants agreed that a new independententity—with members from developing coun-tries, bilateral and multilateral agencies, non-governmental organization (NGOs) and foun-dations—should be established to fund andcoordinate high-quality, independent impactevaluations. The Bill & Melinda GatesFoundation, the William and Flora HewlettFoundation, bilateral agencies from theUnited Kingdom, the Netherlands, Sweden,Canada, France, development banks, andgovernment officials in India, Indonesia,Mexico and other countries expressed inter-est in being involved in such an effort.

Closing the Evaluation Gap

Commitment To Development Index 2006

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Photos: 1. James Surowiecki, staff writer, The New Yorker, and author of The Wisdom of Crowds. 2. U.S. Sen. Chuck Hagel(R-NE) with CGD President Nancy Birdsall; U.S. Sen. Hillary Rodham Clinton (D-NY) speaks at a CGD event: Missing theMark: Girls' Education and the Way Forward. 3. Uzodinma Iweala, author, Beasts of No Nation, reads from his highly-acclaimed book at a CGD event.

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has made an indispensable contribution to research in internationaltrade policy, financial crises and poverty in his work at CGD (as ajoint fellow with IIE) and previously with the Institute of InternationalFinance, the Brookings Institution and the Treasury Department,among others. His book Trade Policy and Global Poverty (2004) iswidely cited for the finding that free trade could enable 500 millionpeople to escape poverty and inject $200 billion a year into theeconomies of developing countries. His most recent book is The United States as a Debtor Nation (2005).

WILLIAM CLINE, Senior Fellow

holds a joint appointment with CGD and IIE and studies a variety oftrade policy issues. Her most recent book, Delivering on Doha: FarmTrade and the Poor, was jointly published by both organizations inthe summer of 2006. She has also co-authored books on the causesand consequences of transnational corruption, international laborstandards and globalization, economic sanctions for foreign policygoals and the costs of trade barriers in the United States.

KIMBERLY ANN ELLIOTT, Senior Fellow

has worked as a health economist in Latin America, Eastern Africa,the Middle East and South Asia. At CGD, she is director of programsand head of the Center’s Global Health Policy Research Network.Levine is the lead author of Millions Saved: Proven Successes inGlobal Health (2004), and co-author of Making Markets for Vaccines:Ideas to Action (2005) and When Will We Ever Learn? ImprovingLives Through Impact Evaluation (2006).

RUTH LEVINE, Senior Fellow and Director of Programs

focuses on U.S.-Africa relations, financial markets and private sectordevelopment. He leads the Center’s work on Nigerian debt and iscurrently focusing on the political and economic crisis in Zimbabwe.Moss was previously an adviser to the chief economist in the AfricaRegion of the World Bank and a lecturer at the London School ofEconomics. He is the author of Adventure Capitalism: Globalizationand the Political Economy of Stock Markets in Africa (2003) andAfrican Development: Making Sense of the Issues and Actors (forth-coming from Lynne Rienner Publications).

TODD MOSS, Senior Fellow

Center For Global Development18

is the founding President of CGD. Before launching the Center, sheserved for three years as Senior Associate and Director of theEconomic Reform Project at the Carnegie Endowment forInternational Peace. Her work at Carnegie focused on issues of glob-alization and inequality, as well as on the reform of internationalfinancial institutions. From 1993 to 1998, Birdsall was executive vicepresident of the Inter-American Development Bank (IDB), the largestof the regional development banks, where she oversaw a $30 billionpublic and private loan portfolio. Before joining the IDB, Birdsallspent 14 years in research, policy and management positions at theWorld Bank, most recently as Director of the Policy ResearchDepartment. Birdsall is the author, co-author, or editor of more thana dozen books and monographs.

NANCY BIRDSALL, President

is the Center’s first vice president, responsible for working with thepresident to shape CGD’s substantive and financial future, strength-ening ties between CGD and communities of interest and influencein the development arena and developing new lines of business.Dennis brings to CGD extensive management and research experi-ence coupled with a decade and a half on the front lines of develop-ment assistance delivery. Before joining the Center, he directed theWorld Bank’s office for the five central Asian republics fromKazakhstan. He was previously IMF senior representative for Vietnamand before that was World Bank country director in Indonesia.

DENNIS DE TRAY, Vice President

leads the Center’s work on migration and studies what the past experience of today’s rich countries can teach about the future oftoday’s poor countries. He has written on the determinants of capitalflows and the effects of tariff policy in the 19th century; the historicaldeterminants of school system expansion; the impact of foreign aid;and the impacts of skilled worker migration. Clemens has served as aconsultant for the World Bank, Bain & Co., the Environmental DefenseFund and the United Nations Development Programme, and currentlyteaches at the Georgetown University Public Policy Institute.

MICHAEL CLEMENS, Research Fellow

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ADVISORY GROUP ADVISORY GROUP ADVISORY

has been chief architect and project manager of the Commitment toDevelopment Index since the project’s inception. He co-authored a2004 American Economic Review paper that challenges influentialfindings of World Bank research that aid works in a good policy envi-ronment but not in poor policy environments. Roodman’s currentresearch interest includes the impact of microfinance. Before joiningCGD, he spent nine years as a senior researcher at the WorldwatchInstitute, where he wrote three monographs on environmental issuesand one on debt. He is the author of The Natural Wealth of Nations:Harnessing the Market for the Environment (1998).

David Roodman, Research Fellow

is a leading authority on agriculture and rural development who haspublished scores of papers and served as a professor at Harvard,Cornell and Stanford Universities. His former positions include deanof the Graduate School of International Relations and Pacific Studiesat the University of California at San Diego, and vice president andchief economist at Development Alternatives, Inc. Indonesia hashonored him with an award for his contributions to food security.His work at CGD includes the nature of “pro-poor growth”; thesupermarket revolution in developing countries and its impact on thepoor; and new research on the full array of mechanisms by whichrich countries have an impact on poor countries.

Peter Timmer, Senior Fellow

Dani Rodrik, chair

Masood Ahmed

Abhijit Banerjee

Pranab Bardhan

Jere Behrman

Thomas Carothers

Anne Case

David de Ferranti

Angus Deaton

Kemal Dervis

Esther Duflo

Peter Evans

Kristin J. Forbes

Carol Graham

J. Bryan Hehir

Simon Johnson

Michael Kremer

Anne Krueger

David Lipton

Mark Medish

Deepa Narayan

Rohini Pande

Kenneth Prewitt

David Rothkopf

Federico Sturzenegger

Robert H. Wade

Kevin Watkins

John Williamson

Ngaire Woods

Ernesto Zedillo

Center For Global Development20

works on issues related to the economics of efficient, effective andcost-effective health interventions in developing countries. Much ofhis work since 1987, first at the World Bank and now at CGD, is onthe economics of the AIDS epidemic. He co-authored the Bank’s firstcomprehensive treatment of the economics of AIDS, ConfrontingAIDS: Public Priorities in a Global Epidemic (1997, 1999). His mostrecent book is The Economics of Effective AIDS Treatment:Evaluating Policy Options for Thailand (2006). Other interests includethe economics of malaria drugs, pandemic flu interventions andhealth service delivery at the periphery.

Mead Over, Senior Fellow

directs the Center’s Engaging Fragile States initiative and studies theintersection between security and development. He joined CGD fromthe Secretary of State’s Policy Planning Staff, where he helped formu-late U.S. policy on Afghanistan and global and transnational chal-lenges. He is co-author and co-editor of Multilateralism and U.S.Foreign Policy: Ambivalent Engagement (2002) and of Good Intentions:Pledges of Aid for Post-Conflict Recovery (2000). He was formerly aninternational affairs fellow of the Council on Foreign Relations.

Stewart Patrick, Research Fellow

is a former deputy assistant secretary of the U.S. Treasury for Africa,the Middle East and Asia and served in both Democratic andRepublican administrations. His research on foreign aid, debt, growthand trade draws upon his experience as a policymaker and as ascholar on issues related to both rich and developing countries.Radelet’s book, Challenging Foreign Aid: A Policymaker’s Guide to theMillennium Challenge Account (2003), offers rigorous analysis of thepromise and pitfalls of President Bush’s signature foreign aid pro-gram. He is a co-author of The Economics of Development (2006),one of the most widely used college textbooks on development.

Steven Radelet, Senior Fellow

combines experience on Wall Street (as chief economist for LatinAmerica at Deutsche Bank) and in the multilateral financial institu-tions (as principal advisor to the chief economist at the IDB and as asenior researcher at the IMF). She chairs the Latin American ShadowFinancial Regulatory Committee, which meets periodically at CGD toprepare written recommendations for the region’s policymakers.She is co-editor with Nancy Birdsall of Financing for Development:The Power of Regionalism (2004).

Liliana Rojas-Suarez, Senior Fellow

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Noora-Lisa Aberman,

Publications Coordinator

Gabriela Aparicio, Intern

Robert Ayres, Senior Fellow

Owen Barder, Senior Program Associate

Alicia Bannon, Research Assistant

Jessica Bartlett, Administrative Assistant

Sheila Basey, Executive Assistant to

the President

Rikhil Bhavnani, Research Assistant

Jamshed Bokhari, Media Relations and

Publications Associate

J.R. Brandon Bayton, Receptionist and

Events Coordinator

Hanley Chiang, Intern

Christina Counselman, Events Coordinator

and Database Assistant

Ursula Dale, Receptionist

Christina Davachi, Intern

Prarthna Dayal, Research Assistant

Sarah Dean, Events Coordinator and

Database Assistant

Brian Deese, Program Associate

Mvemba Dizolele, Senior Policy Analyst

William Easterly, Senior Fellow

Ifeanyi Chukwu O. Egbuniwe, Intern

Tarek Ghani, Special Assistant to

the President

Gargee Ghosh, Policy Analyst

Raquel Gomes, Post-Doctoral

Research Fellow

Amar Hamoudi, Research Assistant

Khalil Haninou, Systems Administrator

Sabeen Hassanali, Program Assistant

Donna Hines, Receptionist

Shweta Jain, Intern

Robert Johnson, Intern

Monica Khare, Intern

Molly Kinder, Program Assistant

Marika Krausova, Intern

NeShea Larkins, Receptionst

Xiaoou Liu, Research Assistant

Leela Manchala, Development Associate

Gregory Michaelidis, Senior Associate,

Outreach and Policy

Ramzi Nemo, Research Associate

Maria Beatriz Orlando, Research Associate

Ceren Ozer, Research Assistant

Gunilla Pettersson, Research Assistant

Daniel Robinson, Intern

Celina Schocken, International Affairs

Fellow with the Council on

Foreign Relations

Robert Sears, Intern

Myra Sessions, Program Coordinator

Sonal Shah, Director of Programs

and Operations

Bilal Siddiqi, Research Assistant

Ayesha Siddiqui, Intern

Yvonne Siu, Publications and

Database Coordinator

Sebastian Sotelo, Research Assistant

Scott Standley, Research Assistant

Andrew Stober, Media Relations and

Publications Assistant

Sandip Sukhtankar, Research Assistant

Kelly Tobin, Program Associate

Milan Vaishnav, Special Assistant to

the President

Jeremy Weinstein, Post-Doctoral

Research Fellow

Christina Wood, Executive Assistant to

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Nancy Birdsall, President

Dennis de Tray, Vice President

Ehui Adovor, Intern

Selvin Akkus, Research Assistant

Samuel Bazzi, Research Assistant

Michael Bernstein, Program Coordinator

Kaysie Brown, Research Assistant

William Cline, Senior Fellow

Michael Clemens, Research Fellow

Joselyn DiPetta, Intern

Benjamin Elberger, Research Assistant

Kimberly Ann Elliott, Research Fellow

Carlos Gallardo, Research Assistant

Jeff Garland, Systems Administrator

Angela Gillespie, Office Manager

Jessica Gottlieb, Program Coordinator

Heather Haines, Events Coordinator and

Database Manager

Conor Hartman, Special Assistant to the

Vice President

Sheila Herrling, Senior Policy Analyst -

MCA Monitor

Sarah Jane Hise, Senior Associate for

Outreach and Policy

Janice Hoggs, Executive Assistant

to the President

Tony Kopetchny, Online Communications

Manager and Media Relations Associate

Ruth Levine, Director of Programs and

Senior Fellow

Lawrence MacDonald, Director,

Communications and Policy

Lindsay Morgan, Publications Associate

Todd Moss, Research Fellow

Arvind Nair, Research Assistant

Susan Nichols, Director of Finance

and Operations

Nandini Oomman, Senior Program

Associate - Director, HIV/AIDS Monitor

Mead Over, Senior Fellow

Stewart Patrick, Research Fellow

Laura Peters, Administrative Assistant

Jessica Pickett, Program Coordinator

Aaron Pied, Administrative Assistant

Steven Radelet, Senior Fellow

Liliana Rojas-Suarez, Senior Fellow

David Roodman, Research Fellow

Sarah Rose, Research Assistant

Sanjeev Sharma, Program Associate -

Commitment to Development Index

Harsha Thirumurthy, Post-Doctoral Fellow

Peter Timmer, Senior Fellow

Kate Vyborny, Special Assistant

to the President

William Easterly

Kristin Forbes

David Goldsbrough

James Habyarimana

Ricardo Hausmann

Simon Johnson

Ethan Kapstein

Devesh Kapur

Michael Kremer

Carol J. Lancaster

Maureen Lewis

Marlaine Lockheed

Theodore H. Moran

Lant Pritchett

Vijaya Ramachandran

Carmen Reinhart

Jeremy Shiffman

Arvind Subramanian

Nicolas van de Walle

Jeremy Weinstein

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Beyond the IMFBy Devesh Kapur and Richard Webb, WP #99,09/15/2006

Advance Market Commitments for VaccinesWorking Paper and Spread SheetBy Ernst R. Berndt, Rachel Glennerster, MichaelR. Kremer, Jean Lee, Ruth Levine, GeorgWeizsacker and Heidi Williams, WP #98,08/31/2006

A Millennium Learning Goal: Measuring RealProgress in Education By Deon Filmer, Amer Hasan and LantPritchett, WP #97, 08/28/2006

Fragile States and U.S. Foreign Assistance:Show Me the Money By Stewart Patrick and Kaysie Brown, WP #96,08/14/2006

A New Database of Health ProfessionalEmigration from Africa By Michael Clemens and Gunilla Pettersson,WP #95, 08/11/2006

Social Cohesion, Institutions, and Growth By William Easterly, Jozef Ritzen and MichaelWoolcock, WP #94, 08/07/2006

Development, Democracy, and Mass Killings By William Easterly, WP #93, 07/31/2006

A Primer on Foreign Aid By Steven Radelet, WP #92, 07/24/2006

A Policymakers’ Guide to Dutch Disease By Owen Barder, WP #91, 07/11/2006

Are the Planned Increases in Aid Too Much of aGood Thing? By Owen Barder, WP #90, 07/06/2006

Competitive Proliferation of Aid Projects:A ModelBy David Roodman, WP #89, 06/26/2006

Will Debt Relief Make a Difference? Impact and Expectations of the MultilateralDebt Relief InitiativeBy Todd Moss, WP #88, 05/26/2006

Privatization: A Summary Assessment By John Nellis, WP #87, 03/27/2006

The U.S. External Deficit and the DevelopingCountriesBy William Cline, WP #86, 03/20/2006

The Economics of Young Democracies: Policiesand PerformanceBy Ethan Kapstein and Nathan Converse, WP#85, 03/08/2006

Back to the Future for African Infrastructure?Why State-Ownership Is No More Promisingthe Second Time Around By John Nellis, WP #84, 02/21/2006

The Role of the IMF in Well-Performing Low-Income Countries By Steven Radelet, WP #83, 02/21/2006

Tax Policies to Promote Private CharitableGiving in DAC CountriesBy David Roodman and Scott Standley, WP#82, 02/17/2006

Stormy Days on an Open Field: Asymmetries inthe Global EconomyBy Nancy Birdsall, WP #81, 02/16/2006

The Costs and Benefits of Front-loading andPredictability of ImmunizationBy Owen Barder and Ethan Yeh, WP #80,02/08/2006

How Multinational Investors Evade DevelopedCountry LawsBy Theodore H. Moran, WP #79, 02/03/2006

Governance and Corruption in Public HealthCare Systems By Maureen Lewis, WP #78, 01/26/2006

A Stability and Social Investment Facility forHigh Debt CountriesBy Kemal Dervis and Nancy Birdsall, WP #77,01/20/2006

Does the Private Sector Care About AIDS?By Vijaya Ramachandran, Manju Kedia Shahand Ginger Turner, WP #76, 01/20/2006

Aid Project Proliferation and Absorptive CapacityBy David Roodman, WP #75, 01/11/2006

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Let Their People Come: Breaking the Gridlockon Global Labor MobilityBy Lant Pritchett, 09/12/2006

Rescuing the World Bank: A CGD WorkingGroup Report & Selected EssaysEd. Nancy Birdsall, 09/05/2006

Delivering on Doha: Farm Trade and the PoorBy Kimberly Ann Elliott, 07/01/2006

Short of the Goal: U.S. Policy and PoorlyPerforming StatesEds. Nancy Birdsall, Milan Vaishnav andRobert L. Ayres, 05/23/2006

Reality Check:The Distributional Impact ofPrivatization in Developing CountriesEds. John Nellis and Nancy Birdsall,10/17/2005

The United States as a Debtor NationBy William Cline, 09/19/2005

Give Us Your Best and Brightest:The GlobalHunt for Talent and Its Impact on theDeveloping WorldBy Devesh Kapur and John McHale,09/01/2005

The Hardest Job in the World: Five CrucialTasks for the New President of the World BankBy Nancy Birdsall and Devesh Kapur,06/01/2005

Does Foreign Direct Investment Promote Development?Eds. Theodore H. Moran, Edward M. Grahamand Magnus Blomström, 05/09/2005

Making Markets for Vaccines: Ideas to ActionBy Ruth Levine, Michael Kremer, AliceAlbright and the Advance MarketCommitment Working Group, 04/07/2005

Overcoming Stagnation in Aid-Dependent CountriesBy Nicolas van de Walle, 03/31/2005

A Better Globalization: Legitimacy,Governance, and ReformBy Kemal Dervis with Ceren Özer, 03/01/2005

Millions Saved: Proven Successes in Global HealthBy Ruth Levine and the What Works WorkingGroup with Molly Kinder, 11/30/2004

Financing Development:The Power of RegionalismEds. Nancy Birdsall and Liliana Rojas-Suarez,10/01/2004

On the Brink, Weak States and U.S.National SecurityJeremy M. Weinstein, John Edward Porter,Stuart E. Eizenstat and the Commission onWeak States and National Security,06/08/2004

Trade Policy and Global PovertyBy William Cline, 06/01/2004

From Social Assistance to SocialDevelopment:Targeted Education Subsidiesin Developing CountriesBy Samuel Morley and David Coady,09/01/2003

The Other War: Global Poverty and theMillennium Challenge AccountBy Lael Brainard, Carol Graham, Nigel Purvis,Steven Radelet and Gayle Smith, 06/01/2003

Challenging Foreign Aid: A Policymaker’sGuide to the Millennium Challenge AccountBy Steven Radelet, 05/01/2003

Delivering on Debt Relief: From IMF Gold to aNew Aid ArchitectureBy Nancy Birdsall and John Williamson withBrian Deese, 04/10/2002

Washington Contentious: Economic Policiesfor Social Equity in Latin AmericaBy Nancy Birdsall and Augusto de la Torrewith Rachel Menezes, 01/01/2001

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Food Security in Indonesia: Current Challengesand the Long-Run Outlook By Peter Timmer, WP #48, 11/12/2004

Agricultural Protection in Rich Countries: HowDid We Get Here By Kimberly Ann Elliott, WP #47, 10/06/2004

Beyond HIPC: Secure Sustainable Debt Relieffor Poor CountriesBy Nancy Birdsall and Brian Deese, WP #46,09/27/2004

Double-Standards, Debt Treatment, and WorldBank Country Classification:The Case of NigeriaBy Todd Moss, Scott Standley and NancyBirdsall, WP #45, 09/01/2004

Counting Chickens When They Hatch:TheShort-term Effect of Aid on Growth By Michael Clemens, Steven Radelet and RikhilBhavnani, WP #44, 07/22/2004

Towards a New Consensus for Addressing the Global Challenge of the Lack ofEducationBy Lant Pritchett, WP #43, 06/29/2004

An Index of Donor Performance By David Roodman, WP #42, 06/22/2004

Is Africa’s Skepticism of Foreign CapitalJustified? Evidence from East African FirmSurvey Data By Todd Moss, Vijaya Ramachandran andManju Kedia Shah, WP #41, 06/10/2004

The Trouble with the MDGs:Confronting Expectations of Aid andDevelopment SuccessBy Michael Clemens, Charles Kenny and ToddMoss, WP #40, 05/01/2004

Aid Effectiveness and the MillenniumDevelopment Goals By Steven Radelet, WP #39, 04/15/2004

The Road to Pro-Poor Growth:The Indonesian Experience in Regional Perspective By Peter Timmer, WP #38, 04/05/2004

The Long Walk to School: InternationalEducation Goals in Historical Perspective By Michael Clemens, WP #37, 03/16/2004

Boom Towns and Ghost Countries: Geography,Agglomeration, and Population Mobility By Lant Pritchett, WP #36, 02/18/2004

The Illusion of Sustainability By Michael Kremer and Edward Miguel, WP#35, 01/22/2004

Once More into the Breach: Economic Growthand IntegrationBy Andrew Warner, WP #34, 12/01/2003

Who is Not Poor? Proposing a HigherInternational Standard for Poverty By Lant Pritchett, WP #33, 11/01/2003

The Anarchy of Numbers: Aid, Development,and Cross-country Empirics By David Roodman, WP #32, 08/15/2003

Privatization in Latin AmericaBy John Nellis, WP #31, 08/01/2003

The Surprise Party: An Analysis of U.S. ODAFlows to Africa Markus Goldstein and Todd Moss, WP #30,07/30/2003

Economic Policy and Wage Differentials in LatinAmericaBy Jere Behrman, Nancy Birdsall and MiguelSzékely, WP #29, 07/29/2003

Financing Pharmaceutical Innovation: HowMuch Should Poor Countries Contribute? By William Jack and Jean Lanjouw, WP #28,07/28/2003

National Policies and Economic Growth:A Reappraisal By William Easterly, WP #27, 05/01/2003

New Data, New Doubts: Revisiting "Aid,Policies, and Growth" By William Easterly, Ross Levine and DavidRoodman, WP #26, 02/27/2003

Privatization in Africa: What has Happened?What is to be Done?By John Nellis, WP #25, 02/27/2003

Bootstraps not Band-Aids: Poverty, Equity andSocial Policy in Latin AmericaBy Nancy Birdsall and Miguel Szekely, WP #24,02/24/2003

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An Aid-Institutions Paradox? A Review Essay on Aid Dependency and State Buildingin Sub-Saharan AfricaBy Todd Moss, Gunilla Pettersson and Nicolasvan de Walle, WP #74, 01/10/2006

Weak States and Global Threats: AssessingEvidence of SpilloversBy Stewart Patrick, WP #73, 01/03/2006

The Day After Comrade Bob: Applying Post-Conflict Reconstruction Lessons to ZimbabweBy Todd Moss and Stewart Patrick, WP #72,12/08/2005

After the Big Push? Fiscal and InstitutionalImplications of Large Aid Increases By Todd Moss and Arvind Subramanian, WP#71, 10/12/2005

Reforming Development Assistance: Lessonsfrom the UK ExperienceBy Owen Barder, WP #70, 10/05/2005

Disentangling the Determinants of SuccessfulDemobilization and ReintegrationBy Jeremy Weinstein, WP #69, 09/22/2005

Ghost of 0.7%: Origins and Relevance of theInternational Aid TargetBy Michael Clemens and Todd Moss, WP #68,09/06/2005

An Index of Donor Performance By David Roodman, WP #67, 08/29/2005

Production-weighted Estimates of AggregateProtection in Rich Countries towardDeveloping Countries By David Roodman, WP #66, 08/29/2005

Reliving the ‘50s:The Big Push, Poverty Traps, andTakeoffs in Economic Development By William Easterly, WP #65, 08/16/2005

The Dollar and Development By Richard Sabot, WP #64, 08/10/2005

Agriculture and Pro-Poor Growth: An AsianPerspective By Peter Timmer, WP #63, 07/21/2005

The Global War on Terror and U.S. DevelopmentAssistance: USAID allocation by country, 1998-2005 By Todd Moss, David Roodman and ScottStandley, WP #62, 07/18/2005

Patents, Price Controls and Access to NewDrugs: How Policy Affects Global Market Entry By Jean Lanjouw, WP #61, 06/03/2005

Ten Myths of the International Finance Facility By Todd Moss, WP #60, 05/24/2005

Financial Regulations in Developing Countries:Can they Effectively Limit the Impact of CapitalAccount Volatility? By Liliana Rojas-Suarez, WP #59, 05/20/2005

Addressing the Challenge of HIV/AIDS:Macroeconomic, Fiscal and Institutional Issues By Maureen Lewis, WP #58, 04/26/2005

Autonomous Recovery and InternationalIntervention in Comparative Perspective By Jeremy Weinstein, WP #57, 04/05/2005

Business Environment and ComparativeAdvantage in Africa: Evidence from theInvestment Climate Data By Benn Eifert, Alan Gelb and VijayaRamachandran, WP #56, 02/18/2005

Primary Health Care in Practice: Is It Effective? By Maureen Lewis, Gunnar Eskeland andXimena Traa-Valerezo, WP #55, 02/09/2005

The Economic Implications of Epidemics Oldand New By Clive Bell and Maureen Lewis, WP #54,02/07/2005

From Pushing Reforms to Pulling Reforms:TheRole of Challenge Programs in Foreign Aid Policy By Steven Radelet, WP #53, 02/05/2005

Behavioral Foundations of Democracy and Development By Ethan Kapstein, WP #52, 12/28/2004

Food Security and Economic Growth:An Asian PerspectiveBy Peter Timmer, WP #51, 12/13/2004

Seven Deadly Sins: Reflections on Donor FailingsBy Nancy Birdsall, WP #50, 12/08/2004

Underfunded Regionalism in the Developing World By Nancy Birdsall, WP #49, 11/23/2004

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U.S. Foreign Aid Reform:Will It Fix What Is Broken?By Stewart Patrick, 09/29/2006

Global HIV/AIDS and the Developing WorldRich World, Poor World: A Guide to GlobalDevelopment, 06/12/2006

U.S. Assistance for Global DevelopmentRich World, Poor World: A Guide to GlobalDevelopment, 06/12/2006

Global Trade, the United States, andDeveloping CountriesRich World, Poor World: A Guide to GlobalDevelopment, 06/12/2006

Why Global Development Matters for the U.S.Rich World, Poor World: A Guide to GlobalDevelopment, 06/12/2006

State Building and Global DevelopmentRich World, Poor World: A Guide to GlobalDevelopment, 06/12/2006

Global Trade, Jobs and Labor StandardsRich World, Poor World: A Guide to GlobalDevelopment, 06/12/2006

Education and the Developing WorldRich World, Poor World: A Guide to GlobalDevelopment, 06/12/2006

Learning from Development: the Case for an International Council to CatalyzeIndependent Impact Evaluations of SocialSector InterventionsBy William D. Savedoff and Ruth Levine,05/31/2006

Tackling Health Care Corruption andGovernance Woes in Developing CountriesBy Maureen Lewis, 05/15/2006

In World Bank Corruption Fight, IndependentEvaluation is KeyBy Ruth Levine, 05/08/2006

The Globalizers in Search of a FutureBy Ngaire Woods, 04/20/2006

Vaccines for DevelopmentBy Owen Barder, 04/20/2006

Building and Running an Effective Policy Index:Lessons From the Commitment toDevelopment IndexBy David Roodman, 03/13/2006

How Countries Get RichBy Peter Timmer, 02/13/2006

Reforming U.S. Development PolicyBy Nancy Birdsall, Stewart Patrick and MilanVaishnav, 01/12/2006

Looking For the Devil in the Doha Agricultural NegotiationsBy Kimberly Elliott, 12/13/2005

Rich Country Tariffs and Subsidies:Let’s Do the NumbersBy David Roodman, 12/13/2005

Food Aid: Doing Well by Doing GoodBy Peter Timmer, 12/12/2005

Achieving a Grand Bargain in the Doha RoundBy William Cline, 12/12/2005

Foreign Investment and EconomicDevelopment:Evidence from Private Firms in East AfricaBy Todd Moss and Vijaya Ramachandran,12/08/2005

Planning for a Post-Mugabe ZimbabweBy Todd Moss and Stewart Patrick, 12/05/2005

Delivering on DohaBy Kimberly Elliott, 11/14/2005

The Global Migration of Talent:What Does itMean for Developing Countries?By Devesh Kapur and John McHale, 10/13/2005

What’s Wrong with the MillenniumDevelopment Goals?By Michael Clemens and Todd Moss,09/12/2005

2005 Commitment to Development IndexBy David Roodman, 08/29/2005

Making It Pay to Stay in SchoolBased on the work of Samuel Morley andDavid Coady, 08/03/2005

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Center For Global Development28

The Millennium Challenge Account:How Much is Too Much, How Long is LongEnough? By Michael Clemens and Steven Radelet, WP#23, 02/23/2003

Why it Matters Who Runs the IMF and the World Bank By Nancy Birdsall, WP #22, 01/01/2003

From Social Policy to an Open-Economy SocialContract in Latin America By Nancy Birdsall, WP #21, 12/21/2002

World Bank Capital Neither Complements NorSubstitutes for Private Capital By Michael Clemens, WP #20, 12/20/2002

Do Rich Countries Invest Less in Poor Countries than the Poor Countries Themselves? By Michael Clemens, WP #19, 12/20/2002

Private Sector Involvement in Financial CrisisResolution: Definition, Measurement, andImplementation By William Cline, WP #18, 12/01/2002

Policy Selectivity Foregone: Debt and DonorBehavior in Africa By Nancy Birdsall, Stijn Claessens and IshacDiwan, WP #17, 10/30/2002

Do as I Say Not as I Do: A Critique of G-7Proposals on Reforming the MDBs By Devesh Kapur, WP #16, 10/30/2002

Tropics, Germs, and Crops: How EndowmentsInfluence Economic Development By William Easterly and Ross Levine, WP #15,10/27/2002

An Index of Industrial Country Trade PolicyToward Developing Countries By William Cline, WP #14, 10/25/2002

Low Investment Is Not the Constraint onAfrican Development By Shantayanan Devarajan, William R. Easterlyand Howard Pack, WP #13, 10/23/2002

Asymmetric Globalization: Global MarketsRequire Good Global PoliticsBy Nancy Birdsall, WP #12, 10/18/2002

What Did Structural Adjustment Adjust? TheAssociation of Policies and Growth withRepeated IMF and World Bank AdjustmentLoans By William Easterly, WP #11, 10/01/2002

Solutions When the Solution is the Problem:Arraying the Disarray in Development By Lant Pritchett and Michael Woolcock, WP#10, 09/01/2002

An Identity Crisis? Testing IMF FinancialProgrammingBy William Easterly, WP #9, 08/01/2002

Financial Crises and Poverty in EmergingMarket Economies By William Cline, WP #8, 06/01/2002

Commodity Dependence,Trade, and Growth:When "Openness" Is Not EnoughBy Nancy Birdsall and Amar Hamoudi, WP #7,05/02/2002

Winners and Losers: Assessing theDistributional Impacts of Privatization By Nancy Birdsall and John Nellis, WP #6,05/01/2002

Intellectual Property and the Availability ofPharmaceuticals in Poor CountriesBy Jean Lanjouw, WP #5, 04/01/2002

The Cartel of Good Intentions: Markets vs.Bureaucracy in Foreign Aid By William Easterly, WP #4, 03/01/2002

External Advisors and Privatization inTransition Economies By John Nellis, WP #3, 02/02/2002

HIV/AIDS and the Accumulation andUtilization of Human Capital in Africa By Amar Hamoudi and Nancy Birdsall, WP #2,01/02/2002

Inequality Does Cause Underdevelopment By William Easterly, WP #1, 01/01/2002

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PUBLICATIONS LIST PUBLICATIONS LIST PUBLICATIONS LIST PUBLICATIONS LIST PUBLICATIONS

Page 16: CGD@5 - 2006 Annual Report

2002-2006 The First Five Years 31

As a new organization, CGD has benefited greatly from collaborative relationshipswith a wide range of organizations. A few of these relationships are contractual.More commonly, the Center and a collaborating organization work together informally, for example, to jointly host an event, sponsor research, distribute materials, or publish a book. We are proud to have collaborated in our first five yearswith the following organizations:

African Development Bank • Americans for Informed Democracy • BREAD (Bureau for

Research in Economic Analysis of Development) • Bread for the World • Brookings

Institution • CARE • Catholic Relief Services • Center for Budget and Policy Priorities •

Center for Strategic and International Studies • Chulalongkorn University • Columbia

University • Concern Worldwide • DATA (Debt, Aids, Trade, Africa) • DfID (U.K.

Department for International Development) • Episcopalians for Global Reconciliation •

Fogarty Center at the National Institutes of Health • Foreign Policy Association • Foreign

Policy Magazine • Friends of the Global Fight • Georgetown University • Global

Development Network • Global Fairness Initiative • The Global Fund to Fight AIDS, TB

and Malaria • Global Health Council • Global Interdependence Initiative • Government

of Liberia • Government of Nigeria • Institute of Policy Studies, Sri Lanka • InterAction

• Inter-American Development Bank • Inter-American Dialogue • International AIDS

Vaccine Initiative • International Center for Research on Women • International Centre

for Trade and Sustainable Development • International Food Policy Research Institute •

International Labor Organization • Johns Hopkins University Nitze School of Advanced

International Studies • Kaiser Family Foundation • Kennedy School of Government at

Harvard University • Latin American Shadow Finance Regulatory Committee • League of

Women Voters • London School of Economics • London School of Hygiene and Tropical

Medicine • Lutheran World Relief • Mercy Corps • Mexican Health Foundation •

Migration Policy Institute • Millennium Challenge Corporation • Millennium Project •

National Council for the Social Studies • National Peace Corps Association • NetAid •

One Campaign • One World • Organization for Economic Cooperation and Development

– Development Assistance Committee • Oxfam America • Poverty Action Lab at the

Massachusetts Institute of Technology • Project Spera • RAND Corporation • Results •

Seattle Initiative for Global Development/Institute for Global Development • Social Insight

• Stanford University • University of Toronto • University of Witwatersrand • USAID

(U.S. Agency for International Development) • U.S. Global Leadership Campaign •

VOYAGE • Wharton Business School at the University of Pennyslvania • Women’s Edge

Coalition • Woodrow Wilson International Center for Scholars • World Food Prize •

World Health Organization • World Learning • World Resources Institute • World Vision

CGD COLLABORATORS CGD COLLABORATORSPUBLICATIONS LIST PUBLICATIONS LIST PUBLICATIONS LIST PUBLICATIONS LIST

Center For Global Development30

Costs and Causes of Zimbabwe’s CrisisBy Michael Clemens and Todd Moss,07/20/2005

U.S. Pledges of Aid to Africa:Let’s Do the NumbersBy Steve Radelet and Bilal Siddiqi, 07/19/2005

Grants for the World’s Poorest: How the WorldBank Should Distribute Its FundsBy Steve Radelet, 06/07/2005

Adjusting to the MFA Phase-Out:Policy PrioritiesBy Debapriya Bhattacharya and KimberlyElliott, 04/28/2005

Connecting the Poor to Economic Growth:Eight Key QuestionsBy Sarah Lucas and Peter Timmer, 04/26/2005

Making Markets for Vaccines - Ideas to ActionBy Owen Barder, 04/07/2005

Big Sugar and the Political Economy of U.S.Agricultural PolicyBy Kimberly Elliott, 04/01/2005

Resolving Nigeria’s Debt Through a Discounted BuybackBy Todd Moss, 04/01/2005

Gold for Debt:What’s New and What Next?By Nancy Birdsall and John Williamson,04/01/2005

Overcoming Stagnation in Aid-Dependent Countries By Nicolas van de Walle, 03/23/2005

No Child Left Behind-AnywhereBy Nancy Birdsall, 03/03/2005

Double Standards on IDA and Debt:The Case for Reclassifying NigeriaBy Todd Moss, Scott Standley and NancyBirdsall, 03/01/2005

On the Road to Universal Primary EducationBy Ruth Levine and Nancy Birdsall, 02/28/2005

A Better Globalization: Legitimacy,Governance, and Reform By Kemal Dervis with Ceren Özer, 02/01/2005

Toward a New Social Contract in Latin AmericaBy Nancy Birdsall and Rachel Menezes,12/28/2004

Millions Saved: Proven Successes in Global Health By Ruth Levine and the What Works WorkingGroup with Molly Kinder, 11/30/2004

Trading Up: How Much Should Poor CountriesPay to Support Pharmaceutical InnovationBy Jean Lanjouw and William Jack, 11/10/2004

Trading Up: Labor Standards, Development,and CAFTABy Kimberly Elliott, 05/28/2004

Privatization in Latin America:The Rapid Rise,Recent Fall, and Continuing Puzzle of aContentious Economic PolicyBy John Nellis, Rachel Menezes and SarahLucas, 01/01/2004

Trading Up:Trade Policy and Global PovertyBy William Cline, 09/01/2003

Trading Up: Strengthening AGOA’sDevelopment PotentialBy William Cline, 06/01/2003

From Promise to Performance:How Rich Countries Can Help Poor Countries Help ThemselvesBy Nancy Birdsall and Michael Clemens,04/01/2003

The Millennium Challenge Account:Soft Power or Collateral Damage?By Steven Radelet and Sheila Herrling,04/01/2003

Beyond TRIPS: A New Global Patent RegimeBy Jean Lanjouw, 08/01/2002

How much AGOA? Growth and Opportunity in the African Growth and Opportunity ActBy Amar Hamoudi, 07/01/2002

Delivering on Debt ReliefBy Nancy Birdsall and Brian Deese, 04/01/2002

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CGD COLLABORATORS CGD COLLABORATORS

Page 17: CGD@5 - 2006 Annual Report

2002-2006 The First Five Years 33

Brian Hammond, Co-Chair

Ruth Levine,Co-Chair

Gustavo Nigenda, Co-Chair

Sono AibeJoseph AnnanMark Bura

Andrew CasselsKaren CavanaughThea ChristiansenDon CreightonPaul De LayJacqueline Eckhardt-

GerritsenFracios FarahTamara FoxCharu Garg

Pablo GottretPrea GulatiJose-Antonio Izazola-

LiceaJennifer KatesKei KawabataDaniel Lopez AcuñaAnn PawliczkoRudolphe PetrasLisa Regis

Elizabeth RobinBlair SachsJames SherryViroj

TangcharoensathienTessa TantorresPascal Villeneuve

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Global Health Resource Tracking

Ruth Levine, Chair

Carola AlvarezPaul AuxilaLeslie CastroKaren CavanaughRena EichlerMaha Adel El-Adawy

Luis FernandoSampaio

Tom FoelsMark GersovitzPaul GertlerLucy GilsonAmanda GlassmanMarkus Goldstein

Davidson GwatkinAkramul IslamBen KarenziDan KraushaarKen LeonardPhil MusgroveNatasha PalmerJohn Peabody

Miriam SchneidmanRobert SoetersKevin VolppAxel WeberDiana Weil

Nancy Birdsall,-Chair

Alaka BasuJohn BongaartsDavid CanningIbrahim Elbadawi

Alex EzehAndrew FosterAlan GelbJames HabyarimanaSimon JohnsonCalestous Juma

Cynthia LloydElizabeth LuleAnju MalhotraTodd MossMead OverJohn Page

Lant PritchettGeeta Rao GuptaKhama RogoT. Paul SchultzChris Udry

Population and Development

Stuart E. Eizenstat, Co-Chair

John Edward Porter,Co-Chair

J. Brian AtwoodAnthony BeilensonPeter BellC. Fred Bergsten

Nancy BirdsallAmbassador Donald

BlinkenBill ClappChester CrockerPatrick CroninAlexander CummingsBill FrenzelHelene Gayle

James HarmonGeorge IngramEllen LaipsonMichael McFaulM. Peter McPhersonRobert McNamaraRuth S. MorgenthauMartha Brill OlcottAmbassador Thomas

PickeringClyde V. Prestowitz, Jr.Steven RadeletSusan RiceSonal ShahGayle SmithJeremy M. WeinsteinJennifer L. WindsorDaniel Zelikow

Com

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on

Weak States and National Security

Performance-Based Incentives in Health

Wor

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Sir George AlleyneVictor BarbieroScott Barrett

Mariam ClaesonMushtaque

ChowdhuryWilliam EasterlyDean Jamison

Robert HechtCarol MedlinAnthony MeashamGermano MwabuBlair Sachs

William SavedoffRajiv ShahHolly Wise

What Works

Center For Global Development32

Wor

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up Steven Radelet,-Chair

Rita Arauz MolinaStefano BertozziNatasha BilimoriaBrian Brink

Richard BurzynskiAwa Marie Coll-SeckMarcos EspinalPeter HellerJim Yong KimStephen Lewis

Simon MphukaNandini OommanBabatunde OstimehinBernard RiversCelina SchockenAnil Soni

Todd SummersGlobal Fund

Ruth Levine, Co-Chair

William Savedoff, Co-Chair

Nancy Birdsall,Co-Chair

FrancoisBourguignon

Esther DufloPaul Gertler Judith GueronIndrani Gupta

Jean-Pierre HabichtDean Jamison Dan KressPatience KuruneriDavid LevineRichard Manning

Stephen QuickBlair SachsRajiv Shah Smita Singh Miguel Szekely Cesar Victora

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Evaluation Gap

Alice Albright, Co-Chair

Michael Kremer, Co-Chair

Ruth Levine, Co-Chair

Abhijit BanerjeeErnst BerndtLael BrainardDavid CutlerDavid GoldPeter HuttRandall Kroszner

Tom McGuireTomas PhilipsonLeighton ReadTom ScholarRajiv ShahDavid StephensWendy Taylor

Adrian TowseSean TunisSharon WhiteVictor ZonanaLegal Advisor: John

Hurvitz

Nancy Birdsall, Co-Chair

Devesh Kapur,Co-Chair

K.Y. AmoakoOwen BarderColin BradfordAriel BuiraKenneth DamRobert EvensonJo Marie Griesgraber

José Angel GurríaPierre JacquetEdward V.K. (Kim)

JaycoxMichael KremerSteven RadeletJean-Michel Severino

Vito TanziDaniel TarulloJohn WilliamsonNgaire WoodsDaniel ZelikowW

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The Future of the World Bank

Ruth Levine,-Chair

Abhijit BanerjeeDeborah AtherlyScott BarrettRob ChisholmPeter EvansSilvio Gabriel

Gian GandhiJohn HurvitzSteve JarrettAndrew JonesSteve KinzettAndrea LonghiElisabetta MolariMorgan Musongole

Angeline NanniDonné NewburyHans RietveldMark RillingNina SchwalbeNeelam SekhriMarcus Soalheiro

Cruz

Anil SoniJohn StoverJeffrey SturchioYolanda TaylerKrista ThompsonChristine TonkinSaul WalkerEdward Wilson

Global Health Forecasting

Ruth Levine,-Chair

Carla Abou-ZahrRoger Bate

Stan BernsteinCaren GrownSheila HerrlingMarty Makinen

Kathryn McDonaldCatherine MichaudPhil MusgroveMead Over

Michel TheirenAmy TsuiAbdo Yazbeck

Global Health Indicators

Advanced Market Commitment

WORKING GROUPS WORKING GROUPS WORKING GROUPS WORKING GROUPS WORKING GROUPS

Page 18: CGD@5 - 2006 Annual Report

2002-2006 The First Five Years 35

Alice Albright* • Sir George Alleyne* • Anonymous • Robert Armstrong* • Bernard

Aronson** • Mr. and Mrs. Alvin S. Begun • C. Fred Bergsten** • Nancy Birdsall** •

Phyllis Bocian • Joan Jacobs Brumberg • Jacques P. Chappuis* • Seattle Foundation

(William Clapp)* • Alden Clausen* • Andrew Crockett* • Coca Cola Windsor (Alex

Cummings)* • Kenneth and Marcia Dam Family Charitable Fund* • Robert J. Danetz •

Dennis and Mary de Tray* • Richard and Barbara Debs* • Jessica P. Einhorn** • Stuart

Eizenstat • A. Edward Elmendorf • Nicholas W. Fels • Bert Fingerhut • Thomas R.

Gibian** • Mal Gissen • C. Boyden Gray • Grayson Family Foundation (Bruns

Grayson)** • Harmon Foundation (James Harmon)** • Eric Hemel* • John L.

Hennessey • Fyllis S. Hockman • Enrique Iglesias** • Lyz Kurnitz-Thurlow • Carol J.

Lancaster** • Susan B. Levine** • Jonathan C. Lewis* • Jonathan E. Lewis* •

Johannes Linn* • Nora C. Lustig** • James A. Macraz • Adel Mahmoud* • Thomas F.

“Mack” McLarty* • M. Peter McPherson** • Roberto Murray Meza* • William R. Miller

• Terry Mollner • Ruth Morgenthau* • Samuel Morley* • Deepa Narayan* • Dirk

Neyhart • Noel Group (John Noel)* • Paul O’Neill** • Patricof Family Foundation

(Susan and Alan Patricof)* • Peter G. Peterson Fund* • John Edward Porter • Jennifer

T. Potter* • Kenneth Prewitt • Kevin Quigley • Moeen Qureshi* • John T. and Claire R.

Reid** • Gideon Rose • William D. Ruckelshaus** • Richard H. Sabot • Theodore T.

Schell* • Michael Schlanger • Schneidman and Associates International (Witney

Schneidman)* • Edward W. Scott, Jr.** • Sonal Shah* • James Gustave Speth •

Joshua L. Steiner and Antoinette Del Ruelle* • Ernest Stern** • Mr. and Mrs. Joseph

Stiglitz** • Lawrence Summers** • Peter P. Sutherland* • Angel Gurria Trevino** •

Adam Waldman** • Katherine D. Warden LIIRC Charitable Trust (Staci Warden)* •

James A. Watters • Wolfensohn Family Foundation (James Wolfensohn)*

INDI

VIDU

AL C

ONTR

IBUT

ORS

*Pre

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ent’s

Clu

b•

**B

oar

d M

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Center For Global Development34

GRAN

TS A

ND C

ONTR

ACTS

Benefiting from an extraordinary founding gift from Edward W. Scott, Jr., theCenter for Global Development was able to begin working towards its mandate,reducing global poverty and inequality, quickly, efficiently and effectively. Ed’sinvestment guaranteed CGD the financial resources needed for a strong start.Based on this early success, the Center has additionally raised more than $24 mil-lion. This funding has come primarily from foundations, and is growing to includegrants from governments and annual gifts from individuals and corporations.CGD is most grateful to Ed, and to all of our funders.

ABN AMRO Bank • Agence Française de Développement • Anonymous Donor •

Asian Development Bank • Australian Agency for International Development • Better

World Fund • Bill & Melinda Gates Foundation • Canadian International Development

Agency • Carnegie Corporation of New York • Citigroup Foundation • Colgate-

Palmolive Company • Commonwealth Secretariat, U.K. • Community Foundation

(Anonymous) • Covington & Burling • Department for International Development, U.K.

• Development Alternatives, Inc. • Energy Futures, Inc. • Forum One • Global

Development Initiative (Seattle Initiative) • Global Development Network • Goldman

Sachs Group, Inc. • Hurlburt-Johnson Charitable Trusts/Peninsula Community

Foundation • International Development Research Centre • International Institute of

Economics • James P. Grant Trust for International Social Development • Japan Bank

for International Cooperation • John D. and Catherine T. MacArthur Foundation •

Magna International • Microsoft Corporation • Ministry of Foreign Affairs for

Development Cooperation (Netherlands) • Ministry for Foreign Affairs for Development

Cooperation (Sweden) • Nathan Cummings Foundation • Nike Foundation • Open

Society Institute • Open Society Institute Development Foundation • Rockefeller

Brothers Fund • Rockefeller Foundation • Royal Danish Embassy • Royal Ministry of

Foreign Affairs of the Government of Norway • Smith Richardson Foundation, Inc. •

Swiss Agency for Development and Cooperation • Tinker Foundation, Inc. • United

Nations Development Programme • United Nations Foundation • United Nations

Office for Project Services • William and Flora Hewlett Foundation • World Bank Group

(Th

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Sep

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30,

20

06)

CGD FUNDERS CGD FUNDERS CGD FUNDERS CGD FUNDERS CGD FUNDERS CGD FUNDERS CGD

Page 19: CGD@5 - 2006 Annual Report

1436 Center For Global Development

STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS FOR THE YEAR ENDED DECEMBER 31, 2005WITH SUMMARIZED FINANCIAL INFORMATION FOR 2004

CENTER FOR GLOBAL DEVELOPMENTSTATEMENT OF FUNCTIONAL EXPENSES FOR THE YEAR ENDED DECEMBER 31, 2005

WITH COMPARATIVE FINANCIAL INFORMATION FOR 2004

Copies of our audit are available upon request from the Center for Global Development in Washington, D.C.