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.
Vice President, Asian Development Bank
Assistant Secretary for International Markets and Development, US Department of Treasury
Director of the Asia and Pacific Department, International Monetary Fund
Senior Advisor, School of Advanced International Studies, Johns Hopkins University
Host Scott Morris
Senior Fellow, Center for Global Development
The Asian Development Bank (ADB) was founded in 1966 to promote development in a region that was still largely poor, lacking access to capital, and far behind the West by nearly all measures of economic progress. The ADB operates in a dramatically different Asia today. Its clients include a small number of countries that are still poor and struggling, but also include countries, paradoxically, whose economies are both engines of growth for the global economy and home to the world's largest poor populations. China in particular, a major ADB shareholder and client, has emerged as a leading financier in the region, including through its own multilateral development bank, the Asian Infrastructure Investment Bank.
With the 50th anniversary of ADB as a backdrop, this event will examine how the bank is adapting to the dramatic changes in Asia, and what its role in the region should be in the years ahead. Does ADB financing still matter in a region that is seemingly awash in capital? How do the bank's leading shareholders like the United States and Japan see the institution's role going forward? Are new institutions like the AIIB partners or rivals, and how are they causing the ADB to adapt?
A stellar panel will consider these issues, looking to the future of the ADB on the occasion of a landmark anniversary. Please join us for a cocktail reception immediately following the event.
Please join CGD’s Executive Vice President, Amanda Glassman, in conversation with UN Office for Project Services (UNOPS) Under-Secretary-General and Executive Director, Grete Faremo. UNOPS provide infrastructure and procurement services to partners to run peace and security, humanitarian, and development operations across more than 80 countries. The majority of UNOPS delivery takes place in fragile and conflict affected states. Faremo will discuss how UNOPS works with countries and its role in the UN system, how infrastructure can contribute to the advancement of women, how effective public procurement is key to achieving the SDGs, and the organization’s future direction.
On this International Women’s Day, we are focusing on strategies to help adolescent girls achieve their potential. This is a challenge that needs attention: more than a third of adolescent girls in developing countries are not in the labour force or in school; and, while the gender gap in school enrolment is closing, the gender gap in labour force participation is widening.
In Capitalism, Alone, Branko Milanovic argues that capitalism has triumphed because it works. It delivers prosperity and gratifies human desires for autonomy. But it comes with a moral price, pushing us to treat material success as the ultimate goal. And it offers no guarantee of stability. In the West, liberal capitalism creaks under the strains of inequality and capitalist excess. That model now fights for hearts and minds with political capitalism, exemplified by China, which many claim is more efficient, but which is more vulnerable to corruption and, when growth is slow, social unrest. As for the economic problems of the Global South, Milanovic offers a creative, if controversial, plan for large-scale migration. Looking to the future, he dismisses prophets who proclaim some single outcome to be inevitable, whether worldwide prosperity or robot-driven mass unemployment. Capitalism is a risky system. But it is a human system. Our choices, and how clearly we see them, will determine how it serves us.
Health systems around the world can suffer from a crisis of distrust; patients may question the quality of government clinics and newspapers may expose private hospitals for peddling unnecessary procedures. These are symptoms of volume-based health systems that focus on the quantity of care delivered rather than quality or outcomes. Many countries are accelerating down this path. Hospital construction sometimes surpasses growth of primary care infrastructure. New insurance schemes sometimes expand access to inpatient treatment, without equivalent expansion of community-based prevention. These approaches create lasting structural flaws which increase costs without delivering desired results. As countries commit to universal health coverage (UHC), there is a narrow window to chart a different trajectory toward the common goal of achieving the best health outcomes for the resources invested.
Please join us to discuss the new IDRC book Scaling Impact: Innovation for the Public Good. Co-authors, Robert McLean and John Gargani, will discuss the new and practical approach to scaling the positive impacts of research and innovation outlined in the book, based on a review of over 200 IDRC studies and 5 in-depth case explorations.
The digital transformation of the global economy can help businesses and governments provide services more efficiently and effectively. But it also creates new risks for individuals whose personal data may be used to improve products and services.
The Chinese government’s Belt and Road initiative, now entering its 7th year, has generated a great deal of attention globally. The visibility of the initiative reflects its priority among China’s senior leadership, the consideration of the initiative as both opportunity and risk among potential partner governments, and the concerns raised by its critics. The discourse to date has been dominated by political and strategic considerations. The economics of BRI has received considerably less attention, partly a function of the lack of analysis and research on economic questions – but that picture is changing.