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Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
TESTIMONY
Remarks to the European Parliament on EFSD/ EFSD+
September 24, 2025
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Research
POLICY PAPER
October 16, 2025
While most stablecoin activity now involves buying and selling other cryptocurrencies, this is starting to change, with increased stablecoin use for remittances and international settlements. The passage of the US GENIUS Act has accelerated their legitimacy and adoption, helping drive stablecoin tra...
POLICY PAPER
October 10, 2025
Country platforms are emerging as a mechanism for developing countries to align priorities, mobilize resources, and coordinate fragmented finance, but unrealistic expectations could set them up for failure. Based on 50+ interviews, this paper identifies key implementation challenges—ownership, seque...
POLICY PAPER
October 09, 2025
This paper begins by looking at private investment and bank credit to the private sector as a share of GDP in EMDEs in this century. It finds worrisome levels and trends, especially compared to private investment ratios for economies that achieved sustained high growth in the last century. As exogen...
WORKING PAPER
September 15, 2025
Noncommunicable diseases—driven by tobacco use, harmful alcohol consumption, and high-sugar diets—account for over 70 percent of global deaths and impose annual economic losses exceeding US $514 billion. Excise taxes on these health-harming products offer a dual benefit of reducing consumption and r...
CGD NOTE
July 17, 2025
Just before last year’s Annual Meetings, the IMF approved two key reforms: cutting surcharges to ease borrowing costs for some countries and adopting a strategy to boost the Poverty Reduction and Growth Trust (PRGT), which provides interest-free loans to low-income countries. Though distinct, the re...
