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.

 

An Insider’s Perspective on Delivering a DIB

No one said creating development impact bonds (DIB) was going to be easy, but that hasn’t stopped the development community from trying to get them off the ground. The Fred Hollows Foundation, based in Australia, has been hard at work on a DIB to address cataract blindness in Africa. As the Foundation attracts partners to help fund and implement a pilot of the cataract bond, Dr. Lachlan McDonald, the Foundation’s senior health economist, and Alex Rankin, their Global Lead for Policy, Advocacy & Research, shared some lessons learned so far. With Lachlan and Alex’s permission, we’re turning some of those lessons over to you – we hope they’re useful to others seeking to move ahead with their own DIB.

Aid Should Be Seen as Foreign Public Investment, Not Just Charity

International development has reached a crucial moment in its evolution. Given the great progress in much of the world in the past decade or so, the paradigm of north-south development assistance is now outdated. All countries are engaged in contributing to global development, supporting sustainability and poverty reduction locally, nationally, regionally and globally.

Dismantling US Leadership One Budget at a Time, Part 2

My earlier post on congressional funding for multilateral institutions betrayed little optimism about the Senate’s willingness to restore devastating funding cuts imposed by the House of Representatives. I had no idea.

The newly released Senate funding levels are just barely an improvement over the House’s draconian cuts, slashing the president’s multilateral budget in half. When cuts of 50 percent mark an improvement, you know you’re in trouble.

0.7 Percent Is Stupid

I’ve been sitting in lots of meetings and covering paper with lots of ink recently about the Sustainable Development Goals and Financing for Development.  And when the topic of aid comes up I nod sagaciously along with others in the room when someone says “well, of course, there won’t be any more aid coming out of the Addis financing conference, it is all about redistributing the pot.” Sometimes I’m the one to write or say it, then have a brief chat about that redistribution before switching to other topics like private finance or trade.

MCC’s CEO Shines a Light on the Way Forward for MCC

Our celebration of MCC’s tenth birthday continued last week with a thought-provoking open conversation with MCC CEO Dana J. Hyde. The well-attended public event, co-hosted by CGD and the Brookings Institute, was a fantastic opportunity to hear, from MCC’s own leadership, a reflection on the agency’s first ten years and a vision for the agency’s future. (If you missed it, you can watch it here.)

The Evaluation Gap Is Closing, But Not Closed

Recently, I sent out the final Evaluation Gap Update – a newsletter about impact evaluations and the institutions that fund them, implement them, or are supposed to be influenced by them. After 10 years, it seemed the right time to move on to other projects, particularly since numerous other resources have sprung up over this decade (many listed below!). Yet there is pushback on the growth of impact evaluations that sometimes worries me. I hear people say too many impact evaluations are being conducted (despite the need for the information they provide).

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