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Blog Post
December 09, 2022
Mitchell faces a very difficult task. It will help him enormously that he has a clear-eyed sense of the problems he faces and the scale of the challenge. But to reverse them will take decisive action, with support from elsewhere in Whitehall, too. Our note suggests one way to do so.
CGD NOTES
December 09, 2022
There is a very real possibility that the UK ceases to be a significant presence in international development over the next couple of years; indeed, this is the most likely outcome at present. In this note, we set out the challenges facing Mitchell, and how each of our recommendations can be achieve...
Blog Post
October 31, 2022
Many premature deaths from non-communicable diseases can be prevented if countries enact forceful measures to reduce the risk of their citizens falling prey to these diseases. Making it more expensive to consume tobacco, health-harming alcohol, and sugar-sweetened beverages is key to governments ach...
Blog Post
August 04, 2022
At the July G20 meeting of finance ministers and central bank governors, a panel of experts (of which I was one) presented their report on the capital adequacy of the MDBs. Why care? the answer, quite simply, is that hundreds of billions of dollars are at stake. As with any bank, small changes in th...
Blog Post
July 20, 2022
In this blog, I examine why policymakers should ensure that inflation does not erode corrective taxes on killer products and make them more affordable. Using a survey of recent health tax measures, I show that some countries have ensured that health taxes are stepped up while most have hesitated, an...
Blog Post
April 28, 2022
The idea that shavings of public gold sprinkled like fairy dust on private investment projects would bring to life a giant array of infrastructure and services which in turn would gift us wondrous progress in development hasn’t worked out. It is time to drop the fantasy and focus instead on the test...
Blog Post
April 20, 2022
In 2021, Ghana announced a plan to issue sovereign bonds of up to $2 billion, with proceeds due partially to fund a free secondary school program. Just months later, Ghana’s rising debt burden means this is no longer feasible. Can developing countries tap the social bond market in order to fund publ...
WORKING PAPERS
April 20, 2022
In developing Asia there is potential for higher corrective taxes to help prevent many non-communicable diseases (NCDs) and contribute revenue. The productivity loss from death and disability from alcohol, tobacco and diets high in sugar-sweetened beverages in purchasing power parity dollars is PPP$...