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.
Over on my microfinance "open book" blog, I posted a digest of what is arguably the first gold standard evaluation of a storied anti-poverty intervention, microcredit. Given the paper's historic nature and its resonance with CGD themes of impact evaluation and finance, the post may particularly interest those who follow the present blog, Voices from the Center.
CGD blog posts reflect theviews of the authors drawing on prior research and experience in their areas of expertise. CGD does not take institutional positions.
Recently CGD hosted the Second Annual Birdsall House Conference on Women, which focused on beyond-aid approaches for women’s economic empowerment, with particular emphasis on private sector engagement. CGD experts have written about how international organizations and national agencies should examine and correct gender biases in the design and delivery of their strategies for financial inclusion. But while public sector interventions are crucial for promoting women’s economic empowerment, the panelists pointed out that the private sector is in many ways better equipped to provide opportunities for women to grow their businesses, investments, and incomes. Here’s our takeaway.
Muhammad Yunus has been forced by a Bangladesh court to step down as the head of the Grameen Bank, leaving the world to wonder what will become of the institution that helped inspire the microfinance revolution. On this week’s Wonkcast, we consider the rise and uncertain future of microcredit, not so long ago the darling of development experts and activists alike, and discuss whether or not the arc of Yunus’s remarkable life serves as an apt metaphor for the microfinance movement.
My guest is CGD senior fellow David Roodman, who has been tracking the Yunus trial since it began as part of his Microfinance Open Book Blog. The book in public on the blog, Due Diligence: An Impertinent Inquiry into Microfinance, is nearing completion and will be published before the end of the year.