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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.

Views From The Center Blog

 

Please Take the CGD Climate Agreement Survey!

Yesterday I sent this letter to CGD contacts who have expressed an interest in our work on development and climate change. But it really should be of interest to all in the development community. If you share my view that climate and development are inextricably intertwined, please read on, take the survey, and tell your friends to take it, too!

Thanks!

The Myth of Microfinance? Why MFIs Shouldn’t Be Freaking Out (Yet)

This is a joint post with Michael Clemens.

The headline in the Boston Globe on September 20, 2009 was catchy: "Billions of dollars and a Nobel Prize later, it looks like 'microlending' doesn’t actually do much to fight poverty." The article referred to the findings of two recent impact evaluations in microfinance in India and the Philippines conducted by researchers at MIT and Yale, respectively. The studies, which were randomized controlled trials (RCTs) of microfinance interventions, found “weak and in some cases nonexistent effects” of microfinance on profits, expenditures and well-being. Privately and publicly, donors, MFIs and practitioners are expressing concern about the impact of these studies on the future of microfinance. Are they right to be worried?

Major NGOs Comment on COD Aid

This is a joint post with Nancy Birdsall and Bill Savedoff.

During a panel discussion we hosted at the World Bank and IMF annual meetings in Istanbul last month on mutual accountability and outcomes in aid, Max Lawson from Oxfam, in referring to COD Aid, said that CGD appears to have more effective publicity strategies and reach than the European Commission. While we do have a (small but) stellar communications team, our ideas spread far primarily because other organizations are seriously engaged in exploring and debating new ideas like the ones we have proposed (otherwise our tiny team would be sleepless, to say the least!).

One case in point is the recent COD Aid briefing paper issued by the Catholic Agency for Overseas Development (CAFOD) – a large international development organization based in the UK which raises about 75% of its funds from individual supporters.

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