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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.

 

The Importance of Domestic Resource Mobilization for Debt Sustainability

Even for countries that are far away from graduating from foreign aid, the importance of domestic resource mobilization for maintaining macroeconomic stability and sustained economic growth is well documented. A look at the experience of countries that have received HIPC debt relief validates this point and underlines the need for attaching a high priority to tax policies and practices in international assistance programs for low income countries.

DRM and Data: A Deliverable Duo for the USG at FFD

In Washington, rumor has it that the United States will bring commitments on domestic resource mobilization (DRM) and data to the table at the Financing for Development Conference this month in Addis Ababa, Ethiopia. As we get down to the wire, our fingers are crossed that the US government will take this opportunity to be ambitious and offer robust packages in both these areas. Here’s what that could look like.