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Blog Post
November 27, 2013
New uncertainties come to the fore now that the global economy, after six years of turmoil, is showing signs of a return to a more normal situation, where real interest rates in the United States turn positive and commodity prices stabilize at a somewhat lower level, due to a cooling of red-hot dema...
Blog Post
October 21, 2013
Over the last few months, in the context of my new affiliation with CGD, I’ve been making a transition from “Forestry World” — which I inhabited for six years at the Center for International Forestry Research in Indonesia — to “Development Finance World,” he...
Blog Post
October 15, 2013
Imagine for a moment a world in which rich countries followed through on their rather vague promise at the 2009 climate conference in Copenhagen to mobilize $100 billion per year by 2020 to help developing countries reduce their emissions and cope with climate change. How should that money be spent?...
Blog Post
October 02, 2013
Argentina is a highly decentralized federal country, where more than 70% of public spending on health happens sub-nationally by independent provincial governments. Since budgetary transfers between levels of government have no conditions attached, the federal government has often struggled to influe...