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Blog Post
February 28, 2023
Sri Lanka's default on its debt in 2022 caused alarm among investors and development economists alike, and raised questions about the factors underlying the country's economic downfall. In this blog, we examine the reasons for Sri Lanka's default and the challenges that lie ahead.
Blog Post
April 07, 2022
The Millennium Challenge Corporation (MCC) has earned a reputation for its strong focus on results, which informs everything from country selection to the robust evaluation of project impacts. One of the bedrocks of MCC’s results orientation is its requirement that its projects achieve high economic...
Blog Post
October 26, 2021
As the world confronts the aftermath of the COVID-19 pandemic, resources to assist developing countries recover and make the transition to a green and equitable future are scarce—scarcer than before the pandemic, given donors’ own budgetary constraints and the slowdown in global GDP growth. If there...
Blog Post
July 21, 2021
USAID Administrator Samantha Power appeared before House and Senate authorizing committees late last week to discuss the agency’s FY22 budget. It wasn’t surprising to hear Administrator Power make a case for strong US global engagement—including robust aid investments and continued commitment to hum...