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.

 

Africa CEO Forum

UK Aid Watchdog to CDC: Time to be More Accountable, More Transparent on Development Finance

The Independent Commission for Aid Impact (ICAI) issued a report this week on the performance of CDC–the UK’s development finance institution–in low-income and fragile states. ICAI gives CDC an Amber/Red rating on its performance, which means “unsatisfactory achievement in most areas, with some positive elements.” In particular, the commission says that CDC has not done enough to monitor its performance. 

2018 Aid Transparency Index

UK Aid: Which Departments are Missing Their Transparency Target?

The UK’s 2015 National Aid Strategy committed all departments to be “Very Good” or “Good” on Publish What You Fund’s Aid Transparency Index (“the Index”). We look at a leading indicator of transparency and conclude that, beyond DFID, progress has been almost non-existent. With a spending review to set budgets to 2022 expected next year, departments should take the last chance to step-up their performance and HM Treasury should not renew their spending if they don’t.

On Taxes, Trade, Transparency—and Turf

This is a joint post with Owen Barder.

In January, David Cameron nailed his colours to the mast with a speech in Davos that set out the three Ts agenda for the UK’s chairing of the June G8 meeting: taxes, trade and transparency. Since then, there has been much discussion of how serious the agenda is and what the G8 can actually deliver.

The ‘End of Tax Havens’ – But Will Developing Countries Benefit?

News broke on April 9th of agreement between the UK, France, Germany, Italy and Spain to pilot “multilateral automatic tax information exchange.” In France, President Hollande went further – announcing a draft law aimed at ‘moralising’ French public life, as former budget minister Jerome Cahuzac was expelled from the governing party for repeatedly denying the existence of his Swiss bank account.

Render unto Caesar

An obscure reference to reforming the taxation of multinationals in the UK budget speech might be more important for developing countries than the big increase in aid that was announced at the same time. Mandatory ‘combined reporting’ by multinationals could enable countries to tax multinationals properly.

Dodd-Frank, the EU, and the Resource Curse

British Prime Minister David Cameron’s op-ed  in the Wall Street Journal lays out his anti-poverty vision. As my colleague Todd Moss notes, this type of serious, top-down and bottom-up debate about development issues doesn’t make the US look especially good by comparison.

Follow the Money: Illicit Financial Flows and Development

When I joined CGD to start our Europe programme, I said there were two particular reasons why we need more of CGD’s approach in Europe: first, there is more to development than aid; and second, as citizens of rich countries we have a responsibility to focus on how our policies affect development. CGD in Europe is now embarking on an exciting new programme which puts those principles into action.

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