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.

 

The World Bank’s Preference for Private Finance: Explained

Last year the World Bank adopted a new “cascade” approach that intended to maximise finance for development by prioritising private solutions wherever possible. In what world would this “cascade” algorithm make sense? Without a good answer to that question, the cascade risks looking like ideology rather than sound development finance advice.

The Pitfalls of Leverage Targets

Since the 2015 financing for development agreement, donor governments and their development finance institutions have all been singing from the same hymn sheet: we must do more to mobilize private investment. Here I will argue that setting leverage targets in isolation might not get us what we want: more investment in developing countries. Overall investment volumes in chosen markets may make a better target, but any incentives must be soft to minimize the temptation to put public money where it is not needed.

What Does UK Law Say on Aid?: How New Development Secretary Mordaunt Can Meet her Aid Effectiveness Pledge

The new UK Secretary of State for International Development has committed to “find new ways to help other departments make their spend more effective” as one of her five pledges for UK aid. Here we look at why the law underpinning the UK’s aid expenditure is weaker on poverty and gender equality outside of the Department for International Development (DFID) and identify four things the government should do to improve aid effectiveness.

What Would a New Merkel-led Grand Coalition Mean for Development? Four Recommendations for the New German Government

Yesterday, the German Social Democrats (SPD) voted in favour of pursuing in-depth coalition talks with Angela Merkel’s Conservatives (CDU). Although the chancellor’s battle for political survival is far from over (as the final coalition agreement will have to be backed by the majority of SPD’s 443,000 party members), it is likely that we will see a remaking of a grand coalition. Here we look what that would mean for Germany’s leadership on development.

international investment agreements

International Investment Agreements: Not Fit for the 2030 Sustainable Development Agenda

In a world with the 2030 Agenda for Sustainable Development, the international investment policy system stands as an obsolete regime in urgent need of revision and reform. This is the main conclusion of the analysis that the think tank CIECODE conducted for CGD’s 2017 Commitment to Development Index (CDI). The analysis measures the amount of “sustainable development content” included in International Investment Agreements (IIAs) signed between developing and developed countries. Here, we look at best practices, main issues and which countries could do better.

Refugees Are a Boon Not a Burden: Here’s How to Get the Best Results for Everyone

We need to stop talking about refugees as if they are burden to be shared. Refugees benefit both economy and the community—and if we invested more and better in giving them a good start, they would be able to make an even bigger contribution. Here we suggest innovative finance mechanisms to pay for that investment without putting pressure on public finances, instead enabling refugees to develop and apply their skills, integrate effectively, and improve their overall contribution.
 

EU-Africa Summit: Shaping the Future of Migration Today

This week, the 5th African Union-EU summit will take place in Abidjan, Côte d'Ivoire, bringing together head of states from Europe and Africa. Given recent events on both continents and the international spotlight on the issue, migration will be a major agenda item. Here, we look at why migration is at a crossroads now and propose channels for legal, managed, mutually beneficial migration in the years to come.

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