With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Reuters article Economists see aid to poor nations as ineffective, published in the Washington Post, features CGD senior fellow Arvind Subramanian regarding the impact of foriegn aid. Subramanian suggest the aid apparatus will have to be rethought and aid money would be better spent on a research and development fund to get the private sector to make products to help poor countries.
From the article:
"Aid to poor countries has little effect on economic growth, and policies that rely on such claims should be reexamined...."