Global Development 2.0: Can Philanthropists, the Public, and by Lael Brainard, Derek Chollet

By Lael Brainard, Derek Chollet

An remarkable explosion of improvement gamers heralds a brand new period of worldwide motion on poverty. worldwide improvement 2.0 celebrates this transformative pattern inside overseas relief and gives classes to make sure that this wave of generosity yields lasting and common advancements to the lives and clients of the world's poorest.

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Similarly, the European Union and the World Bank have each developed their own sets of quantifiable criteria for making aid allocation decisions. Yet, even as established official donors work to fine-tune conditionality and selectivity, the entire system is being challenged by the emergence of new bilateral donors. The more sources of assistance there are from which to choose, and the less coordinated they are, the more tempting it is for recipients to “donor shop” to avoid the strictures of conditionality and selectivity associated with mechanisms such as the MCC and the World Bank’s performance-based allocation system.

These new players bring to the table a remarkable variety of voices and ideas, combined with a mixture of expertise, naïveté, and occasional outbursts 44 M ATTHEW B ISHOP of joyful dancing. The contrast could hardly be starker with the somber white male bureaucrats in smoke-filled rooms who created the main pillars of the postwar aid and development system, which arguably began at Bretton Woods in 1944 with the formation of what was to become the World Bank. Perhaps the only constant factor—for reasons that are not immediately obvious—is the celebrity economist.

William Easterly, “What Bono Doesn’t Say about Africa,” Los Angeles Times, July 6, 2007. 22. See chapter 12 in the present volume by Mark R. Kramer. 23. See chapter 9 by Nelson. 24. See chapter 10 in the present volume by Simon Zadek. 25. Susan Berresford, “Philanthropy in the 21st Century,” lecture at Washington University, Saint Louis, February 7, 2001. 2 Fighting Global Poverty: Who Will Be Relevant in 2020? org, April 2007 F W HITE H OUSE summit, it was quite a party. The president was late arriving to give his concluding remarks, so his place at the podium was taken by Yvonne Chaka Chaka, an African business woman, motivational speaker, UN goodwill ambassador, and singer.

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