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CGD NOTES
May 24, 2022
The first section of this note examines the causes and consequences of Afghanistan’s financial crisis and lays out policy options the international community can support to enable urgent financial flows and restore the basic functioning of the Afghan financial system. The next section examines prosp...
Blog Post
March 31, 2022
This blog summarizes findings from a new paper, which uses a survey of officials from development agencies and partner countries to explore these questions. Our results show that respondents think the effectiveness agenda remains useful, yet express demand for change to ensure it keeps pace with the...
POLICY PAPERS
March 31, 2022
This paper explores how the roles and purposes of official development assistance (ODA) are changing and what these shifts mean for the future of the development effectiveness agenda. Using data obtained through a survey of officials working in development agencies and partner countries, this paper ...
CGD NOTES
March 30, 2022
The IMF is on track to establish its new lending vehicle—the “Resilience and Sustainability Trust (RST)”—that aims to re-channel some $50 billion of newly allocated special drawing rights (SDRs) from rich to developing countries. But there is a catch: the proposed conditions for accessing funds coul...
CGD NOTES
March 29, 2022
IMF and World Bank 2022 growth projections for emerging markets and developing economies (EMDEs), released in January this year, were not encouraging. They found that deteriorated macroeconomic fundamentals, partly resulting from policy responses to the pandemic, deep institutional deficiencies, and...
Blog Post
March 18, 2022
Nearly six months into the fiscal year, Congress finally delivered an FY22 spending bill last week. But even after stalled negotiations prompted worries that lawmakers would be unable to reach a deal at all, the final measure is something of a disappointment—failing to deliver sufficient resources t...
CGD NOTES
February 02, 2022
USAID recently released a draft Local Capacity Development (LCD) Policy. While USAID routinely invests in interventions designed to strengthen local capacity, this is the first time the agency has attempted to articulate principles that will govern its approach and propose, in broad terms, the steps...
Blog Post
December 13, 2021
CGD's Sarah Rose speaks with John Norris of the Gates Foundation and Wade Warren of Deloitte Consulting about Norris's new book on USAID, including USAID’s internal balancing act between development and geostrategic mandates, structural vs. sectoral initiatives, and the challenges USAID will face in...
POLICY PAPERS
December 10, 2021
In recent decades, the number of people migrating irregularly from the three Northern Triangle countries of Central America—El Salvador, Guatemala, and Honduras—has been increasing, putting pressure on the Biden-Harris administration to address the root causes of irregular migration and deliver “res...
Blog Post
December 10, 2021
The Biden-Harris administration has made addressing the “root causes” of irregular migration from El Salvador, Guatemala, and Honduras a top policy priority. Its first budget request included $861 million for the region, a level nearly triple previous commitments. Though Congress hasn’t yet finalize...