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WORKING PAPERS
April 06, 2022
This paper discusses the evolution of key taxes in the past 20 years in developing Asia and fiscal challenges that these countries face in light of the COVID-19 pandemic. It presents estimates of tax capacity and tax potential and discusses the productivity of key taxes in the region. The paper find...
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...
POLICY PAPERS
February 15, 2022
As the global financial community considers how to extend debt relief accompanied by IMF adjustment programs to vulnerable low-income countries, the issue of policy conditions for fiscal adjustment will inevitably arise. This paper considers the effectiveness of conditions related to domestic revenu...
Blog Post
November 23, 2021
Next week the UN will publish its global humanitarian overview (GHO) for 2022: the world’s most comprehensive, authoritative, and evidence-based assessment of need. The GHO has sustained a good track record in recent years in predicting what is ahead, albeit that every year unexpected new challenges...
BRIEFS
November 18, 2021
China has emerged as a leading participant in multilateral development organizations. In many ways, this is a welcome development. Today’s global challenges, including COVID-19 and climate change, require an international response and have prompted renewed calls for increased multilateral engagement...
POLICY PAPERS
November 18, 2021
A considerable body of recent research attempts to shed light on China’s bilateral aid and finance flows, but there have been fewer efforts focused on China’s participation in multilateral development channels. As a result, China’s role across the landscape of multilateral institutions and funds is ...
POLICY PAPERS
November 17, 2021
Behind the daily trauma of COVID-19 lies a larger and longer-lasting global health challenge resulting from the consumption of tobacco, alcohol, and sugar-sweetened beverages. Using a sample of 25 large advanced and emerging market economies accounting for three-quarters of global GDP, we show that ...