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.
Laura Alfaro, Warren Albert Professor, Harvard Business School; former Minister of National Planning and Economic Policy, Costa Rica
Guillermo Calvo, Professor of Economics, Columbia University; former Chief Economist, Inter-American Development Bank
Pedro Carvalho de Mello, International Coordinator, FGV Management; former Director, Securities and Exchange Commission of Brazil (CVM)
Alberto Carrasquilla, Professor of Economics, Universidad de los Andes, Former Minister of Finance, Colombia
Roque Fernández, Professor of Economics, CEMA University. Former Minister of Finance, Argentina
Pablo Guidotti, Dean of the School of Government, Torcuato di Tella University. Former vice-Minister of Finance, Argentina
Guillermo Perry, Non-resident Fellow, CGD; former Minister of Finance, Colombia
Liliana Rojas-Suarez, President, CLAAF and Senior Fellow and Director, Latin America Initiative, Center for Global Development
Ernesto Talvi, Director, Brookings-CERES Economic and Social Policy in Latin America Initiative
The new government in Buenos Aires has taken quick steps that send a strong message to the world: Argentina wants to open its markets. President Mauricio Macri’s moves to ease market distortions caused by currency controls, trade taxes, and a lack of international financing, have greatly improved local and international expectations about the country's future. However, history shows that the road to a more market-friendly economy can be rocky. Moreover, the challenges can be monumental under small fiscal space, as the recent experience in Brazil demonstrates.
In a rare gathering, some of the sharpest minds on Latin American economics – including four former finance ministers – will debate some of the challenges that lie ahead for Argentina:
- Dealing with fiscal imbalances and how politics constrains economic policy
- Anchoring expectations of inflation: The role of the exchange rate and the central bank interest rate, especially when inflation is temporarily raised by removing price distortions, e.g., energy subsidies
- Getting funding: International capital markets and the IMF
This event is one of the biannual conferences of CGD’s Latin America Shadow Financial Committee (CLAAF) and a short report will also be made available, detailing the Committee’s findings and recommendations for Argentina’s road ahead.
Ernesto Talvi, Director, Brookings Global-CERES Iniciativa de América Latina de Política Económica y Social; Director Académico, CERES, Uruguay
El nuevo gobierno de Buenos Aires ha tomado medidas rápidas que envían un fuerte mensaje al mundo: Argentina quiere abrir sus mercados. Las acciones del presidente Mauricio Macri para aliviar las distorsiones de mercado causadas por los controles de divisas, impuestos al comercio y la falta de financiamiento internacional, han impulsado en gran medida las expectativas locales e internacionales sobre el futuro del país. Sin embargo, la historia demuestra que la senda hacia una economía de mercado puede ser rocosa. Más aún, los desafíos pueden ser monumentales debido a un espacio fiscal reducido, como en Brasil.
En una reunión extraordinaria, algunas de las mentes más brillantes de América Latina - incluyendo cuatro ex Ministros de Finanzas - debatirán algunos de los desafíos que Argentina tiene por delante:
-Desequilibrios fiscales y cómo la política restringe el desarrollo de políticas económicas
-Anclaje a las expectativas de inflación: el rol del tipo de cambio y de la tasa de interés de política, particularmente cuando la inflación aumenta temporalmente, mediante la eliminación de las distorsiones de precios (e.g. subsidios en el sector energético)
-Conseguir financiamiento a través de mercados internacionales de capitales y el FMI
Este evento es una de las conferencias bianuales del Comité Latinoamericano de Asuntos Financieros (CLAAF). Un reporte breve se repartirá durante el evento, detallando los hallazgos y las recomendaciones del Comité para el futuro de Argentina.
The World Health Organization has declared a need for smarter spending strategies to achieve the Sustainable Development Goals. But what does ‘spending smarter’ mean? Should we prioritize TB screening and treatment or improved coverage of basic surgical services? What happens when we care about multiple aims, like population health outcomes and patient out-of-pocket health expenditures? Rarely are the same interventions the ‘best buys’ across all dimensions of interest. In this talk, Kate Lofgren will explore how mathematical optimization can formally account for multiple objectives and inform public financing decisions. Spending smarter can mean different decisions depending on the objective(s).
In 2016, the Liberian government delegated management of 93 randomly-selected public schools to private providers. The program has become an important case study in the design and management of public-private partnerships in the developing world, and a lightning rod for controversy.
The Ebola outbreak that the DRC has grappled with for well over a year has, once again, highlighted the critical need for the international community to refocus and prioritize investments in health security preparedness and response.
Governments and donors are increasingly focused on the use of evidence in evaluating human development programs and setting policy priorities. This master class will provide early career researchers with cutting-edge methodological tools for experimental and quasi-experimental evaluation of early childhood development interventions. The course is intended for current PhD students and recent graduates whose doctoral work is focused on early childhood development, education, development economics, or public policy.
There are 26 million refugees worldwide, of whom half are children, and little rigorous evidence exists on what works to aid integration. Turkey is host to 1 million Syrian child refugees. Many face bullying, violence, and social exclusion in schools.
Join the Center for Global Development and PAI for a discussion with country policymakers, health financing experts, and the broader family planning community to explore how advocates and governments can work together as constructive partners in the design of UHC-oriented financing policies to ensure universal and high-quality family planning access.