A thoroughly packed agenda at the Spring Meetings (World Bank - IMF) for us!
Our Bright was spotted in a few places.
1. At the HQ of the Center for Global Development, where he joined Carsten Staur of the OECD DAC, Gunn Jorid Roset of NORAD, and Rémy Rioux of AFD to discuss the prospects and challenges of development aid. Expertly moderated by Masood Ahmed.
One key contribution was a suggestion that the crisis in the development aid arena must be assessed as a symptom of a deeper crisis in "development" itself. The concept has been losing its moorings for a while now, and much that provided direction has become unhinged. The merits, personnel, directions, processes, priorities, endgames, they are all in flux now. Aid is meant to be fuel for an engine. But the rocket to host the engine has become disassembled and it is no longer clear what kind of machine it is anymore.
2. At the African Union Mission in Washington, where he joined Hassatou Diop N'Sele of the AfDB, Dr. Patrick NDZANA OLOMO of the African Union, and Hannah Ryder (芮 婉 洁) of Development Reimagined to discuss Africa's geostrategic focuses as various processes pick up momentum to address burning issues such as the debt and cost of capital/living crisis. Expertly moderated by Ndidi Okonkwo Nwuneli.
Bright's one key contribution was that the time of comfortable narratives about Africa's condition that everyone can rally behind is behind us. Most did not lead to sustainable and effective action. We must move towards resolving challenges at the level of uncomfortable detail, where tradeoffs and contradictions are inevitable. On matters such as one currency, one central bank, one credit rating agency, and one payment system, the fragments abound. What remains is the very hard work of piecing together conflicts and tensions, clarity and intuition, and go all in. We must plunge deep or not at all.
Two more days to go!