Commentary

The recently advanced bipartisan DFC Modernization and Reauthorization Act of 2024 does more than reauthorize the Development Finance Corporation—it also includes several provisions that would shape the US development finance agency’s direction of travel for the next seven years. Standout elements i...

The work of USAID in Ukraine is also a sign of what foreign aid can accomplish when it uses the right tools to deliver. It is time that far more overseas assistance was allocated through recipient governments rather than Beltway contractors.

2024 is the year of the democratic “supercycle”: elections covering 4 billion people in over 70 countries are being held. Several major aid-giving countries already have or are expected to move toward the right of the political spectrum. What consequences for aid and development will that have?

The results of the recent French legislative elections signal that significant changes to the nation’s politics could be on their way. But the nature and timing of these changes remain uncertain. France’s global development policy, reaffirmed by the 2021 law on inclusive development and fight agains...

Fiscal pressures in G7 countries are real—Germany’s cabinet has just agreed to implement further spending cuts in response to theirs—but so too is the geopolitical case for investing more in climate and development. The replenishment of the World Bank’s International Development Association (IDA) fu...

CGD’s Liliana Rojas Suarez speaks with Paraguay’s Minister of Finance Carlos Fernández Valdovinos about the keys to the country’s growth, including the impact of recent reforms, aligning development policy with climate goals, and diversifying the economy.

With the interplay between the COVID-19 pandemic; wars in Ukraine, Africa, and the Middle East; and energy, climate, and cost-of-living crises, we are living through a polycrisis, where “disparate crises interact such that the overall impact far exceeds the sum of each part.” In the face this, count...