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Blog Post
May 22, 2023
The tide is turning: the economic recovery in the Asia-Pacific region is picking up steam. Last week’s forecasts from the IMF suggest that economic growth in the region’s developing and emerging countries will rise from 4.4 percent in 2022 to 5.3 and 5.1 percent in the current and following year. Th...
Blog Post
May 05, 2023
The Senate Foreign Relations Committee this week approved bipartisan legislation that would expand the list of countries the Millennium Challenge Corporation (MCC) can engage while preserving its strict eligibility requirements that demand partners adhere to principles of good governance and uphold ...
Blog Post
May 01, 2023
Under a new Memorandum of Understanding, USAID, the William and Flora Hewlett Foundation, and CGD plan to partner in exploring locally led evaluation and evidence generation approaches, with an initial focus in sub-Saharan Africa. An opportunity to advance evidence-informed policymaking and locally ...
Blog Post
April 20, 2023
For the first time in a very long time, the US government bureaucracy has instructions to expand its engagement with Africa. This has raised questions, especially in Africa, about whether these changes mark an inflection point in the relationship between the United States and its African partners.
Blog Post
April 17, 2023
To what extent are the high returns on capital of "star firms" due to unmeasured differences in intangible invested capital? Once these differences are corrected, how do star firms differ in their output and investment strategies from other firms? Our evidence points not to exploitation of market po...
Blog Post
April 11, 2023
Regulatory arbitrage—the practice whereby banks try to escape jurisdictions with more stringent regulations in favor of less stringent ones—has been a topic of active research interest. Previous research has shown that banks do indeed direct financial flows to countries with less strict regulations,...