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.
What does it take to achieve sustained, poverty reducing growth? Twenty-one leading economic experts from government, business, and academia from around the world comprising the independent Commission on Growth and Development worked for two years to identify key characteristics of economies that have been able to achieve growth of more than 7 percent annually in more than 25 of the years since World War II and to explore how other developing countries might emulate them. The Commission's conclusions highlight the actions that are most likely to improve developing countries' growth prospects, with a goal of providing leaders in developing countries with a framework to help them design and implement successful growth strategies.
On May 28, 2008, the Center for Global Development hosted an event on The Growth Report: Strategies for Sustained Growth and Inclusive Development by the Commission on Growth and Development. Alejandro Foxley,Commission Member and Minister of Foreign Affairs, Chile, and Danny Leipziger, Commission Vice-Chair and World Bank Vice President, Poverty Reduction and Economic Management, presented the findings of the report. Ricardo Hausmann, Professor, Practice of Economic Development; Director, Center for International Development, John F. Kennedy School of Government, Harvard University, served as a discussant and Nancy Birdsall,President, Center for Global Development, moderated the discussion.
David Evans, Senior Fellow at the Center for Global Development, will present new research which tests the impact of publicly providing day-care for children age 0-3 on children’s development, labour market participation for mothers, grandmothers, and others, and household well-being in Brazil. Following David’s presentation, Matthew Jukes will provide commentary and questions on the research and will position the findings within broader early childhood development policy and research.
Public health programs such antiretroviral therapy (ART) for HIV are likely to have positive spillover benefits to community members beyond the targeted beneficiaries that could be many times larger than the direct benefits. Join CGD for a brownbag seminar to discuss Dr. Zoë McLaren’s recent study evaluating the direct and indirect impact of AIDS treatment on labor market outcomes in rural South Africa, using HIV test results to separately identify the impact by HIV status. The study estimates the impact of access to treatment using a rigorous statistical approach including machine learning methods. The work finds that the scale up of ART access led to employment increases not only among HIV-positive individuals, but also among HIV-negative individuals who had no HIV-positive household members. Investments in health-related human capital may therefore have important stimulus effects on local economies that should be considered alongside conventional economic policy.
Public spending on social sectors can play a crucial role in inclusive and sustained growth in low- and middle-income countries, and in delivering the health, education, and social protection outcomes to which governments and their partners have committed as part of the 2030 SDGs. Yet challenges are ahead. A large gap remains between the resources currently devoted to social sectors and the level needed to meet SDG targets. Each SDG has its own resource demands that require governments to weigh the costs and benefits of public spending across a range of uses. Finally, current and upcoming transitions in health and development aid, modest domestic resource mobilization gains, and rising debt service obligations put pressure on the fiscal envelope.