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Blog Post
April 20, 2022
In 2021, Ghana announced a plan to issue sovereign bonds of up to $2 billion, with proceeds due partially to fund a free secondary school program. Just months later, Ghana’s rising debt burden means this is no longer feasible. Can developing countries tap the social bond market in order to fund publ...
Op-Ed
March 17, 2022
Russia’s invasion of Ukraine threatens to cause more disruption to the global food system by dramatically increasing the cost of staple foods and the energy required to transport them. The Black Sea region is responsible for the export of at least 12 percent of global food calories, so cutting off a...
Op-Ed
January 26, 2022
The exclusion of Ethiopia from the African Growth and Opportunity Act is intended to stop human-rights abuses in Tigray, but there is little evidence that such measures affect the behavior of political elites. Instead, they limit options for low-skilled workers and damage bilateral relationships.
Blog Post
December 06, 2021
The use of foreign aid to support poor countries with inadequate implementation capacity and weak regulatory institutions has at times, been described as “pouring money into a leaky bucket.” Given that there is seldom a quick fix for inadequate state capacity, aid programs can employ internal contro...
Blog Post
December 01, 2021
We worked with the Joint Learning Network (JLN) Efficiency Collaborative to gain insights from Collaborative members who represent technical staff and decision-makers working at the heart of health benefit packages development and revisions in eleven low-and middle-income countries in Africa and Asi...