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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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CGD NOTE
September 17, 2025
PEPFAR is still emerging from aid cuts, with major implications for lifesaving HIV services. About 65 percent of USAID’s PEPFAR awards have been reported terminated, accounting for 24 percent of planned funding. Terminated USAID awards were responsible for supporting an estimated 2.3 million people ...
CGD NOTE
March 06, 2025
The dramatic and unexpected cessation of US foreign aid could change the trajectory of development assistance for years to come. The sudden stop in funding is reverberating globally, destabilizing the aid community and cutting off access to hundreds of lifesaving programs affecting millions of peopl...
CGD NOTE
March 05, 2025
It's been repeated time and again: The US trade deficit stems from a persistent savings-investment gap. Without closing that gap, the deficit won’t shrink. Tariffs may reduce the bilateral trade deficit with one country, but they increase the trade deficits with others—like pressing on one part of a...
BRIEF
June 17, 2024
The International Development Association (IDA)—the World Bank’s arm that works in low- and lower-middle-income countries—is one of the largest sources of development assistance for the world’s poorest countries. It is also a crucial tool for resource-constrained governments to borrow on affordable ...
WORKING PAPER
June 05, 2024
This study investigates the link between Southwest US border crossings and labor market tightness, measured by the job openings to unemployed ratio, over nearly 25 years (2000–2023). Analyzing monthly data, it finds a strong positive correlation, suggesting that increased border crossings align with...
