With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
It’s time for the MDBs to launch a realistic program for financing African infrastructure—a program that is appropriate for the realities of the region and the urgency of its infrastructure needs, writes Gyude Moore.
The 2018 FOCAC Summit will open tomorrow in Beijing. There is much speculation about the size of the investment package China will unveil at the summit. It appears, however, that we are in a new phase of Chinese financing. A combination of domestic and international pressures will likely alter China’s extensive lending program—African states that have relied on this lifeline must adjust to the new reality.
Many of the world’s poorest countries in sub-Saharan Africa have shown they can reform and improve governance. But the momentum is fizzling out. In a new round of tough reforms, African leaders will need to do the heavy lifting. Africa is still poor, and not yet able to finance the investments critical to a new round of growth and poverty reduction. Here’s what donors could do.