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.

 

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A New Standard for Country-by-Country Reporting on Tax?

The vexed question of whether country-by-country (CBC) reports on multinational companies’ tax affairs should be put into the public domain has been a sticking point in debates on responsible tax practice for years. 

What Have We Learned from Expenditure Conditionality in IMF Programs?

As part of borrowing from the IMF, the IMF and the country that is borrowing agree on the implementation of certain policies (conditions) during the program period. The implementation of some conditions is not essential for the continuation of the program, including some pertaining to budgetary expenditures. Their implementation often vary from country to country, and the empirical analysis shows that certain budgetary conditions achieve their intended objectives over the long term, while others do not. In this blog, I explain which budget conditions work, and which don’t work.

international investment agreements

International Investment Agreements: Not Fit for the 2030 Sustainable Development Agenda

In a world with the 2030 Agenda for Sustainable Development, the international investment policy system stands as an obsolete regime in urgent need of revision and reform. This is the main conclusion of the analysis that the think tank CIECODE conducted for CGD’s 2017 Commitment to Development Index (CDI). The analysis measures the amount of “sustainable development content” included in International Investment Agreements (IIAs) signed between developing and developed countries. Here, we look at best practices, main issues and which countries could do better.

When China Looks at MDBs, It Sees Infrastructure

When the Chinese government launched a new multilateral development bank (MDB) with “infrastructure” in the name—the Asian Infrastructure Investment Bank (AIIB)—it hardly seemed far-fetched to assume a strong Chinese preference for infrastructure-related MDB financing. Everything we know about China’s bilateral development financing suggests the same. Yet, a closer look at the AIIB’s charter suggests openness to a broader range of sectors and activities, pointing to potential for investments in “other productive sectors.”

Dealing with Big Tobacco Bullies Part 2: The Trade and Investment Angle

Colleagues Amanda Glassman and Bill Savedoff posted an excellent piece on the role of the World Bank, the US Agency for International Development, and other nontrade agencies in helping developing countries fend off the “Big Tobacco Bullies.” They argue that agencies like the World Bank could use their money, technical assistance, and policy dialogue to provide big visible support for developing countries to implement their anti-tobacco policies.

How to Travel Africa On the Cheap

U2 Front Man Bono and US Treasury Front Man Paul O’Neill may have had a few differences during their Africa tour, but they clearly agree that Africa needs increased market opportunities.