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.

 

A server in a datacenter. Photo from Adobe Stock

Governance and Statistics Are Both Playing Catch Up in the Global Digital Economy

Information and communication technologies have been rewiring the global economy for more than a quarter of a century. However more is known about tangible goods than about the growing intangible flows between nations. Multinationals have long allocated their financial transactions, leases, and intellectual property across economies based on a number of considerations, including to reduce their tax payments. These internal transfers are quite opaque. And two newer phenomena related to the digitalisation of economic activity are making it particularly difficult to analyse the modern global economy: contract manufacturing and cloud computing.

The exterior of UN plaza

Financing Development: A “Common but Differentiated” Path to 0.7%

Ministers are gathering at the UN this week to discuss the financing needs to meet the Global Goals—with the challenge that resources will clearly fall short, not least because most high-income countries are still failing to meet their financial commitments. We reviewed the pathways taken by the countries that agreed to the UN 0.7 percent target on overseas development assistance as a share of national income, and find that—perhaps unsurprisingly—aid as a share of the economy rises with per capita income.

Bilateral donors have very different priorities for their education spending.

The State of Global Education Finance in Six Charts

There are just eleven years to go to achieve the many targets under SDG4 and recent reports suggest things are woefully off-track. The UN General Assembly—taking place in New York this week—will be the platform for the announcement of various new initiatives and big funding pledges hoping to fast-track progress toward that goal. With the spotlight on the global education aid architecture, we analysed the latest aid data from the OECD and UNESCO Institute for Statistics to see what it tells us about how much aid is going to education, where it is allocated, by who, and through what channels.

Chart showing IFC project ratings

Is the New Model IFC a Good Deal for IDA Countries?

For much of the last decade, the World Bank’s private sector arm, the International Finance Corporation (IFC), has delivered a share of its profits as grants to the World Bank Group’s soft lending arm for governments, the International Development Association (IDA). In the last couple of years that pattern has reversed.

A close-up of a hand holding a phone. From Wikimedia Commons, photo by Mpande

More than the Sum of their Parts: How an ID, a Phone, and a Bank Account Can Help Achieve the SDGs

As the United Nations General Assembly meets this week, global leaders will be taking stock of their countries’ progress towards the SDGs and mapping out where they still have to go. Our research has shown that, together, financial accounts, ID, and mobile phones can facilitate a wide variety of cross-cutting programs to meet the SDGs, which can be cost-effective at scale.

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