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.

 

Solving the Private Sector Aid Imbroglio

In 2014, Mark Lowcock, then head of the UK’s Department for International Development, pulled off an unexpected coup: securing an agreement between donor governments on new rules for counting official loans as aid. Some neat diplomatic footwork is needed again now, because negotiations over extending this agreement to donors’ investments in the private sector are threatening to fall apart. Among the consequences could be that the UK walks away from using internationally agreed standards for measuring aid and starts to create its own statistics. Other countries may follow.    

Global Business and Refugee Crises: A Framework for Sustainable Engagement

On Thursday we launched our new research at an event in New York with the Tent Foundation and CEOs from Ikea and other multinational corporations on how global businesses can engage refugees in more sustainable ways. As leaders gather for the UN General Assembly, we hope they will focus on the unique value add of businesses. Their leadership is vital at a time when some governments—including the United States, a historic leader on refugee issues—are stepping back from their commitments. With the right support and opportunities, refugees quickly become economic contributors to their host countries—and businesses are a critical piece of the puzzle.

Please, Can You Help Me Understand IDA's New Private Sector Window?

The World Bank’s soft lending arm for poorer countries, IDA, is busy rolling out a new $2.5 billion Private Sector Window. (See last year’s outline proposal for reference.) Bigger private sectors in IDA countries would be hugely welcome, so there is much to like in the broad thrust of the proposal, as suggested by Nancy Lee. But I’m left a little baffled by the details, and would love some reactions as to what I’m missing.