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.
Governor Lael Brainard, Board of Governors, Federal Reserve
Tim Adams, President and CEO, Institute of International Finance
Nathan Sheets, Visiting Fellow, Peterson Institute for International Economics
Tony Fratto, Managing Partner, Hamilton Place Strategies, former Treasury Assistant Secretary
Masood Ahmed, President, Center for Global Development
The early days of this new administration are a critical time for bipartisan exchange among leaders of previous administrations. Please join CGD for a conversation with three former Treasury Under Secretaries for International Affairs who played central roles in the Bush II and Obama administrations’ formulation and execution of international economic policy. The panel will discuss the outlook for the global economy, international structural changes and challenges that have emerged since their time in office, the critical issues that will confront the next Under Secretary for International Affairs, and the nature of the job and lessons learned. We hope you can join us for this stellar panel, as we continue to build understanding of global economic challenges and how the United States, working with others, can best meet them.
This event marks the launch of the US Development Policy Initiative’s Voices of Experience series, which will feature discussions with senior officials from past administrations of both parties who shaped international development, economic, and financial policy.
The Center for Global Development and Oxfam are hosting a discussion on the Politics of Pro-Worker Reforms with author Alice Evans. Alice will present her paper on the drivers of pro-worker reforms in Vietnam, including how rich countries can use the tools of trade and aid to support workers’ rights, social activism, and decent pay. Specifically, she examines the relative roles of the Better Work program and US demands for labor reform during negotiation of the Trans-Pacific Partnership in encouraging Vietnamese labor market reforms. The paper can be found here, and a blog summary here.
In collaboration with the Salud Mesoamerica Initiative (SMI), CGD is pleased to invite you to a two-day conference highlighting lessons learned from SMI and how SMI’s experience can inform other programs in the future of healthcare. CGD has worked on results-based financing for years. From analyzing performance-based incentives to exploring cash on delivery aid to improving value for money for the Global Fund and its partners, we have been examining ways to maximize the impact of funding on health outcomes. We now have rigorous evaluations and evidence from SMI, a large-scale results-based funding program. This model public-private partnership allocates funding at the national level based on measurable improvements in coverage and quality of reproductive, maternal, newborn, and child healthcare. It has brought together international donors, a development bank, regional bodies, national governments, and local stakeholders in an innovative partnership that rewards for health system strengthening and increased equity.
When RCTs are not an option, geospatial data can be a powerful tool for evaluating development projects – opening up opportunities to understand what works, what doesn’t, and why - at a substantially lower time and cost. Dr. Ariel BenYishay will provide an overview of the growing field of geospatial impact evaluation highlighting how the increasing availability of geo-referenced intervention and outcome data offers many new opportunities for research and evaluation across the development field that can be just as (if not more) effective as randomized control trials (RCTs). Dr. BenYishay will share a recent case study using geospatial data that measured the impacts of Chinese development activities on sensitive forests in Tanzania and Cambodia between 2000 and 2014 that shows how powerful this tool can be.
The “glass ceiling” in finance has barely cracked. Compared to the available talent pool, there is still a large gap between the representation of men and women in leadership positions in banks and bank supervision agencies worldwide. In her presentation, Ratna Sahay will summarize new data on banking sector characteristics and performance, as well as the share of women on the boards of directors and banking supervision agency boards. The data indicate that—contrary to common perceptions—many low- and middle-income countries have a higher share of women in bank boards and banking supervision agency boards compared to advanced economies. Together with her IMF colleagues, Sahay uses this new dataset to explore the link between gender and financial stability. She will argue that the presence of women, as well as a higher share of women, on bank boards and banking supervision agencies may contribute to greater bank stability.
World Bank Group President Dr. Jim Yong Kim will join CGD President Masood Ahmed to discuss the future of multilateralism, the Bank’s efforts to maximize resources for development, and the critical importance of investing in people to meet tomorrow’s challenges.
Women are overrepresented in the informal sector worldwide, often stuck in dangerous, insecure, low-paid jobs. Waste picking in particular is a highly vulnerable and risky form of informal employment. In 1995, India’s Self-Employed Women’s Association (SEWA) organized women waste pickers in Ahmedabad into a cooperative to improve their working conditions and livelihoods. Over time, this informal arrangement evolved into Gitanjali – a women-owned and -run social enterprise, that produces a full range of stationery products for large multinational corporations, including Staples, IBM, and Goldman Sachs. What difference has Gitanjali made to the lives and opportunities of women waste pickers in India? What are the implications for women’s social enterprises in other countries? What are the challenges that remain to be overcome? The Center for Global Development is delighted to bring together some of the key private sector partners that helped Gitanjali generate social value, along with practitioners from the public sector and multilateral financial institutions, for a robust discussion about job options for poor women in low paid, informal occupations, including a model entrepreneurship venture. The event will be informed by the CGD report, The Gitanjali Cooperative: A Social Enterprise in the Making. Copies of the report’s executive summary will be provided. Light refreshments will be available.
The launch of the Cameroon Cataract Development Impact Loan—a Development Impact Bond (DIB) to provide cataract surgery services via a social enterprise model—marks a key moment in the history of results-based financing. The cataract bond is the first DIB to have a development finance institution (DFI) as an investor, and among the first pay-for-performance projects in eye care to assess the quantity, quality, equity, and financial sustainability of the services provided. Please join us for a discussion on the development of the bond and the experiences of the cataract bond partner organizations, as well as lessons learned from other health-related impact bonds and what it all suggests for the future of pay-for-success for health.