Ideas to Action:

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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.

 

Still from video on Stretch Fund.

Introducing the "Stretch Fund"

When the world adopted the 2030 Sustainable Development Goals (SDGs), policymakers knew that aid alone would never meet the financing needs. In a new paper, we are proposing the Stretch Fund, to partner with DFIs. The Stretch Fund would “stretch” the capital of existing DFIs in two ways: by expanding the spectrum of investments in which DFIs can participate; and by taking on high-risk tranches to open up more DFI investment opportunities.

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Myths, Challenges, and (Maybe?) a Consensus around Commercial Confidentiality in Government Contracts: Grist for a New CGD Working Group

Last week, the Open Contracting Partnership released a new report, Mythbusting Confidentiality in Public Contracting, during the Open Government Partnership meetings in Georgia. The report is a fascinating and helpful read, based on a review of recent contract publication practices in eight countries as well as legal frameworks in another seven.

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Announcing an International Conference on Blended Development Finance and the New Industrial Policy

CGD and the Centre for Finance and Development are teaming up to bring together international finance practitioners who are thinking about how to marry public and private international financing for development (so-called blended finance) and researchers who are rethinking government strategies to encourage private activity in sectors viewed as key to economic development (known as the new industrial policy).

It’s Time for a Code of Conduct on Transparency for Financiers Backing PPPs

Public-Private Partnership models continue to proliferate, backed by multilateral development banks old and new. But the volume of PPPs in developing countries has stagnated since the global financial crisis, and they won’t deliver unless they are designed and implemented well. Making more and better public-private investments will take a far greater commitment to transparency from participants in the deals. Financiers—MDBs in particular—should take the lead.

Does Management Matter for Learning Outcomes?

Much has been written about the difference in education outcomes between public and public-private partnership (PPP) schools. According to a review by Ark, so far there is insufficient or modest evidence linking PPPs—including contract schools, subsidies, and vouchers—with better learning outcomes (as distinct from evidence about public versus private [non-PPP] schools).

Can Outsourcing Improve Liberia's Schools? Preliminary RCT Results

Last summer, the Liberian government delegated management of 93 public elementary schools to eight different private contractors. Given the intense controversy around the program, the government—with some encouragement from our colleagues at Ark Education Partnership Group, who helped manage the program—agreed to randomize the allocation of schools during the pilot, and the three of us partnered with Innovations for Poverty Action (IPA) to evaluate its impacts.

Corporate Commitments: Necessary but Not Sufficient to End Tropical Deforestation

Over the last few years, an increasing number of companies that produce, trade, or buy “forest risk” commodities have pledged to get deforestation out of their supply chains. But voluntary efforts by progressive companies will not on their own be sufficient to end tropical deforestation. A “jurisdictional approach” that marries public and private efforts at the scale of political units offers a promising way forward.