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In 2014, the DFID released a “rigorous review” of the literature on private schools in developing countries. Five years on, there has been a slew of new studies. Do the conclusions still stand? We carried out a quick scan of the research published since 2014 and found that the recent evidence broadly reinforces the earlier findings.
Concerns about rising debt risks in developing economies were front and center at the annual meetings. HIPC is a useful reference point as we talk about a new round of debt crises. But thanks to the rise of China as a lender, the creditor community today looks much different from the HIPC creditor community—with implications for any resolution to a debt crisis.
Forests have been all over the news recently as the Brazilian Amazon burns and the world reacts. One of the most consequential decisions for India’s forests will be made soon in a surprising place—the country’s 15th Finance Commission.
Earlier this month three future European Union (EU) Commissioners were given the green light by legislators to lead the migration portfolio—despite the fact that the confirmation of the entire Commission is still pending.
Every MDB is now confronted with the question of what to do with middle-income countries, given the need to focus on the Sustainable Development Goals in general, but very concretely on goal #1—poverty eradication—which will be difficult to achieve based on recent trends. MDBs are very important for MICs, but at the same time MICs are vital for MDBs. This is essentially a two-way relationship. Without MICs, MDBs will be less innovative, will have less knowledge and, importantly, will require more capital from shareholders. I will explain why I believe so in this short note.
Last week, Abhijit Banerjee, Esther Duflo, and Michael Kremer received the Nobel Prize in Economic Sciences “for their experimental approach to alleviating global poverty.” In this blog post, I’ll give you a bite-sized introduction to more than 100 of Michael Kremer’s research publications.
Earlier this month, the long-awaited report on the future of the European financial architecture for development was released. Are the report’s proposals feasible? And crucially, do they offer a magic bullet to the intractable state of the European development finance system? I argue that although some of the proposals go some way towards offering a solution to the current problem, politics will undoubtedly trump logic, and we will—at least in the near future—be left with a stalemate.