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

 

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Stephan Klasen Postdoctoral Fellowships for the Global South

Last week, the Faculty of Business and Economics at the University of Göttingen posted a call for two postdoctoral fellowships in honor of Stephan Klasen, a development economist who has written extensively about gender inequality in the Global South. The fellowships celebrate a truly distinguished economist and a wonderful human being whose career has been cut short by illness but whose contributions to economics are enduring.

Map of social assistance programs during COVID around the world

A Footballer’s Masterclass in Policy Influence

Manchester United footballer Marcus Rashford’s campaign to get the UK government to feed disadvantaged children during the school holidays is a masterclass in campaigning: a single, achievable policy issue, phenomenal use of his platform, backed with good data and an increasingly strong coalition of partners.

UN Women social workers advocate against child marriage during a meeting in the UN Women multipurpose centre's Social Cohesion space in the Gado refugee camp in Central African Republic (CAR).

On Fragility, Tipping Points, and International Coordination

Drawing on work done jointly with CGD, New York University’s Center on International Cooperation (CIC) just released a paper by Marc Jacquand that makes the case for better IFI-UN coordination in fragile states to better identify macroeconomic and political vulnerabilities, anticipate the tipping points that can arise from their interaction, and structure preventive support accordingly. In this blog, we discuss some of the key issues that the CIC paper—and our joint work—raise and plot a course for future research and analysis.

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.

IMF Growth projections for all regions fell in the April and June 2020 estimates (versus January), then remained similar in October. All regions are projected to be negative now

Six Takeaways from the New Growth Forecasts from the IMF and the World Bank

This week the IMF released new global economic growth projections in the face of COVID-19, updating their earlier projections from June and from April before that. In recent weeks, the World Bank has also released new projections for various regions. Here are six takeaways that we gleaned from reviewing those and dozens of other projections from other organizations over the course of the year.

Multicolored shipping containers at a port

US Trade Policy Shouldn’t Pit Developing Countries Against Each Other

The global economy is gradually healing from the economic blows dealt by the coronavirus pandemic, but the recovery remains fragile and halting. Reduced trade is more a symptom than a cause of those trends—and what governments do in terms of additional fiscal stimulus will do far more to determine the shape of the recovery in the United States and other countries. Still, trade policy could be a factor, supporting or undermining the nascent recovery.

Chart showing the loans received and repayments for World Bank clients. Most countries are net positive but some are barely and others are negative.

The World Bank’s Response to Our Analysis of its COVID Relief Efforts

Our recent paper examining the World Bank’s COVID-19 performance garnered a response from the institution, which you can read here. We very much welcome the bank’s comments on its crisis performance in reaction to our paper. We stand by the data and conclusions of our paper, but it’s worth reviewing some of the issues under debate here and reiterating the core questions and findings from our work.

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