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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 15, 2024
This paper addresses a critical flaw in the international financial system: the failure to address the inherent asymmetry between countries that issue reserve currencies and those that do not, leaving the latter vulnerable during systemic liquidity crises. We propose an IMF-managed Emerging Market F...
WORKING PAPER
January 17, 2024
The IMF is filling a critical gap in its mandate by mainstreaming gender into its work. Closing gender gaps is macro-critical because they go hand-in-hand with higher economic growth, greater financial stability, and lower income inequality. Applying a gender lens to macroeconomic, financial, and st...
WORKING PAPER
January 11, 2024
Localization is usually the wrong answer to legitimate data policy issues. As a result, data transfer restrictions wind up imposing unnecessary costs on providers, such as banks, which effectively serves as a tax which is either passed along to the poor or, even worse, makes it uneconomical for firm...
POLICY PAPER
December 14, 2023
DFID’s growing budget, influence, capability, focus, and political support from 2003 to 2010 allowed it, in these years, to make a substantial contribution towards achieving the Millennium Development Goals. These years also saw the emergence of a cross-party political consensus that the UK should ...
WORKING PAPER
December 14, 2023
This paper examines the effectiveness of Malawi's selective secondary schools in influencing student learning outcomes. Using data from Malawi’s National Examination Board, we employ value-added and regression discontinuity methods to gauge the impact of school types on high-stakes exam results. Fin...
POLICY PAPER
December 14, 2023
The prevailing fiscal outlook alongside broader shifts in the health landscape have important implications for countries’ eligibility for support from Gavi, the Vaccine Alliance. Current projections are similar to pre-COVID estimates, but the cohort of transitioning countries face more challenging ...
POLICY PAPER
December 11, 2023
Factors like borrowing costs and access to alternative sources of finance will likely limit country demand for World Bank climate mitigation finance absent financial incentives, which could prove costly and difficult to resource at the scale needed to have meaningful impact. There's a risk that thes...
