Ideas to Action:

Independent research for global prosperity

Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Map of Chinese lending projects around the world, concentrated in Europe, Asia, and Africa

The Problem Isn’t that Chinese Lending Is Too Big, It’s that the US and Europe’s Is Too Small

As the possibility of a new Cold War between the US and China gains traction in some foreign policy circles, the scale of Chinese development finance has taken center stage. A closer examination suggests the cost to China of this lending is distinctly underwhelming. It would be cheap for the US and Europe to match China’s lending numbers –and in the interest of global development if it was done right.

An aerial view of the Pentagon. Adobe Stock.

How Cost Effective Is the Department of Defense?

In global development, we spend a lot of time thinking about cost effectiveness. But what if we step back and look at the broader picture when it comes to the effectiveness of different tools of foreign policy and engagement including diplomacy and defense? What are our most effective approaches to deliver on US national security and future prosperity? My new book is an attempt to answer that question.

A woman working at a stall in Accra, Ghana. Photo by Jonathan Torgovnik/Getty Images Reportage, via imagesofempowerment.org

Leveraging American Enterprise to Deliver Women’s Global Development and Prosperity

Today, the Trump administration rolled out the Women’s Global Development and Prosperity Initiative (W-GDP). Pillars one and two seem to suggest a rebranding of existing funding for women’s economic empowerment efforts in USAID and a repackaging of previously announced initiatives at the World Bank and Overseas Private Investment Corporation. But the third pillar is potentially more encouraging.

How Will President Trump’s Executive Orders Affect Development? CGD Experts Consider the Evidence

Kellyanne Conway called him a “man of action” after a whirlwind first week in which President Trump signed 14 Executive Orders and presidential memoranda, covering most of his key campaign issue areas from health to immigration to trade. In a series of blogs, CGD experts have been examining how some of these specific policy intentions could impact development progress. As you would expect from a group of economists, we believe in—and encourage—evidence-based policymaking, and here we look at what the existing evidence and research tell us about how likely these Executive Orders are to achieve the president’s stated goals.