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Blog Post
April 09, 2025
The retreat from multilateralism and the provision of global goods will have broad and deep impacts. Large, technologically sophisticated middle-income countries—principally China—will be vital to the new global health order. New partnerships are needed to manage complex risks in a low-cooperation w...
Blog Post
March 31, 2025
As the USAID cuts shutter projects worldwide, Chinese officials are certainly making the most of the opportunity. The country has stepped in to fund child literacy, nutrition, and landmine clearance programs in Cambodia previously backed by the US and has made overtures to Nepal and Colombia about f...
Blog Post
March 18, 2025
In a city increasingly disenchanted with international market-based competition, one block on H Street in Washington DC remains committed to the cause. The World Bank’s procurement rules, which apply to its investment project financing, still mandate international competitive bidding for nearly all ...
WORKING PAPER
March 18, 2025
This paper tests the hypothesis that the growing proportion of World Bank contracts granted to Chinese firms, particularly in the infrastructure sector, may undermine results by exposing projects to lower standards of work. We find that such concerns are unfounded. We create a dataset of World Bank ...
CGD NOTE
March 17, 2025
At the ninth Forum on China-Africa Cooperation (FOCAC-9) in September 2024, China reaffirmed its position as Africa’s largest bilateral creditor. President Xi announced a resource package of just over $50 billion, $10 billion more than the 2021 proclamation. It came as a palpable relief to the Afric...
Blog Post
November 27, 2024
This week, President-elect Trump said he would impose a 25 percent tariff on all goods coming from Mexico and Canada, effectively disregarding the North American free trade agreement (USMCA) that he made a priority to renegotiate in his first term. The USMCA has a review clause where the three count...
Blog Post
October 29, 2024
China's financial contributions to tackling climate change in developing countries may be far greater than previously thought. Exploring how China’s recent contributions compare with the US in scale and composition, we find that, after including both countries’ contributions to multilateral organisa...
Blog Post
October 18, 2024
There has been significant criticism of China’s participation in the Common Framework for Debt Treatments as slow at best and “strategic” (or intentionally disruptive) at worst. However, as the largest bilateral lender to developing countries, it has been widely acknowledged that China’s commitment ...
WORKING PAPER
October 15, 2024
As the largest bilateral lender to developing countries, China’s involvement in efforts to help countries in debt distress achieve debt sustainability is very important. However, China has often been criticized for being slow to respond to those challenges due at times to some strategic motives. Fiv...