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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
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...
CASE STUDIES
July 19, 2021
This case study is one of three in a recent report by CGD and the World Bank, outlining how CGD’s Global Skill Partnership model could be applied to boost the number of skilled professionals in Nigeria and Europe. This piece focuses on the construction sector. It explores how the model could be used...
CGD NOTES
March 18, 2021
Even before the COVID-19 pandemic, fragile states around the world struggled to manage complex and interacting risks. Facing macroeconomic stressors on top of a fragile peace, many countries found themselves balancing precariously between tipping points, knowing that interventions that might ease ec...
POLICY PAPERS
December 21, 2020
We develop screens and principles designed to maximise the impact of aid, especially in richer recipients. All else equal, a dollar spent in the poorest countries will have a larger impact on well-being than a dollar spent in richer countries, so ODA should be concentrated in those countries.
Blog Post
September 12, 2016
Today we launch a detailed proposal for a new era of collaboration between the United States and Mexico: bilateral regulation of temporary, lawful labor mobility across the border. I join with a diverse, five-star group of experts from both countries—chaired by Ernesto Zedillo, the former...
Blog Post
August 24, 2015
Around 1900, many claimed that Italian immigrants were harming the US by sending money abroad. All the way back to 1728, Jonathan Swift believed that outflows of money hurt Ireland. The idea keeps coming back because, if you think about it for a minute, it makes sense. Money...
Blog Post
April 09, 2015
In Milan Kundera’s The Unbearable Lightness of Being, Sabina and Franz are doomed lovers. Kundera traces their demise of their relationship to a disagreement about what words mean. Sabina and Franz never realize that they mean different things when they say simple words—like “woman...