The Brookings Blum Roundtable, currently in its 10th year, is an annual meeting that discusses global issues. The Brookings Institution itself is an organization that focuses on public policy and is also nonprofit. Located in the nation’s capital of Washington, D.C., the official tagline of the company is “Quality. Independence. Impact.” The Brookings Institution focuses on conducting research on American democracy, everchanging economic and social welfare, and creating an open international system. The research is high-quality and done independently; based on the research done by the Brookings Institution, the company makes suggestions to further their focus areas. The institution wishes to create positive opportunity for not only Americans, but for the global system as a whole – it is an international think tank.
In 2013, Brookings was named “Think Tank of the Year” by the Global Go-To Think Tank Report, created by the University of Pennsylvania. The Global Go-To Think Tank Report started in the year 2006, and it creates a ranking of thousands of organizations that focus on research and public policy. This year marked the third year that Brookings was ranked as #1 in this prestigious report, solidifying the institution’s importance in the field and its incredible contributions. Brookings has been honored for creating research that is unbiased, does not cross any political lines and helps the global economy, as well as the economy of the United States.
This year marks a decade of the Brookings Blum Roundtable, and it also marks a decade of the Brookings Institution attempting to fight global challenges, such as global poverty, through solutions that are both innovative and based on unbiased, independent research. Located on the Brookings Institution website, individuals can look at the themes that were focused on in the past roundtable discussions. Some of these themes include: extreme poverty, technology, conflict, and other challenges faced primarily in the developing world.
The most recent Brookings Blum Roundtable occurred from August 4 to August 6. The Brookings Blum Roundtable is a part of the “Development Assistance and Governance Initiative,” which is listed under the Brookings Institution’s Global Economy and Development program. The Development Assistance and Governance Initiative is a cause launched by Brookings to fight global poverty through influencing policies that deal with aid and development. The initiative wishes to fight corruption, reform U.S. global development efforts, and create more effective global aid. Brookings’ research concludes that transparency is an important factor in international aid. Plus, reducing corruption is necessary to help development and aid. Finally, the U.S. can make great strides in global development and reduce global poverty, if the development policies of the U.S. were “more coordinated and deliberate.”
Each year, the Brookings Blum Roundtable includes global leaders in all sectors, including the public, private and nonprofit. This annual meeting is held so that global leaders that are involved with the Brookings Institution can exchange ideas and create dialogue and conversations about the theme or topic of the year; the goal of the Brookings Blum Roundtable is to create suggestions for positive change in the United States and in the world. Some of the past participants include: Al Gore, Condoleezza Rice, Rajiv Shah, and other important participants in the global battle against certain themes.
The Brookings Blum Roundtable theme this year was “The Private Sector in the New Global Development Agenda.” The global leaders discussed how the private sector can contribute to the ending of poverty in the next generation. Hopefully, this roundtable will raise awareness on the global poverty issues of today, as well as create some solid solutions to the problems that many developing countries are currently facing.
– Corina Balsamo