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Displaying 1 - 10 of 221
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Blog Post
How Do Global Banks Respond to Changes in Climate Policy?
Asli Demirguc-Kunt et al.
January 31, 2023
A central objective of climate policy is the reduction of carbon emissions, either by promoting renewable energies and increasing energy efficiency across sectors, or by imposing restrictions on activities contributing to greenhouse gas (GHG) emissions. The financial sector is expected to play a maj...
Blog Post
Does Choice Empower G2P Recipients? Insights from Kenya’s Inua Jamii Program
Alan Gelb et al.
January 19, 2023
Kenya has become a poster child for digitally driven development. Known as “Silicon Savannah,” the country has a multi-billion-dollar tech industry that routinely produces startups. Among its most prominent successes is M-Pesa. Launched in 2007, the mobile wallet service revolutionized how Kenyans t...
Blog Post
Do Unto Others: Why Today's Debt Crisis Requires a Different Kind of Thinking
David McNair
and
Daouda Sembene
December 19, 2022
One in five people on the planet live in countries at risk of debt distress. Yet the leaders and institutions that understand the challenge and could address it are instead virtue signaling and pointing the finger at others who share responsibly for a solution. We need a different approach—one that ...
WORKING PAPERS
The Rise of Star Firms: Intangible Capital and Competition
Meghana Ayyagari et al.
November 17, 2022
The large divergence in the returns of top-performing star firms and the rest of the economy is substantially reduced when we account for the mismeasurement of intangible capital. Star firms produce and invest more per dollar of invested capital, have more valuable innovations as measured by the mar...
CGD NOTES
Defeating Inflation: Latin America’s Most Immediate Challenge
Laura Alfaro et al.
November 16, 2022
 Inflation has become a central feature of the global economy. In Latin America (aside from idiosyncratic cases such as Argentina and Venezuela, where high inflation rates have long been the norm), inflation began to rise the first half of 2021, at the same time it did in the US. The fact that risin...
Blog Post
What We’re Watching at This Year’s Annual Meetings
Masood Ahmed et al.
October 04, 2022
The World Bank/IMF Annual Meetings begin next week—against a backdrop of mounting economic crises and uncertainty. How can we reduce global debt? Rethink the MDB/IMF system to address pressing issues like pandemics, climate change, and food security? Support poor countries where they need the most a...
REPORTS
Healthier Firms for a Stronger Recovery: Policies to Support Business and Jobs in Latin America and the Caribbean
Andrew Powell
and
Liliana Rojas-Suarez
August 03, 2022
This report—the product of a joint working group convened by the Center for Global Development and the Inter-American Development Bank—focuses on firms and labor markets in Latin America and the Caribbean during the COVID-19 crisis and the highly uncertain recovery phase now underway. The ongoing Ru...
CGD NOTES
Growing Smaller: COVID-19’s Impact on Firm Size in Latin America
Liliana Rojas-Suarez
and
Alejandro Fiorito
July 11, 2022
A well-known structural problem in Latin America is that firms are generally quite small and most workers in the region are concentrated in small firms. In recent years, about 32 percent of workers were self-employed, and of those working in firms, over 50 percent were in firms that employed 10 or f...
Blog Post
India May Not Have As Much Digital Financial Inclusion As It Seems
Nandini Harihareswara et al.
July 28, 2021
India’s efforts to expand financial inclusion by leveraging digital technologies have been much publicized and lauded, both within India and internationally. But how effective have they actually been in expanding the usage of digital financial services across India’s huge population? And what is con...
Multimedia
A Decision Tree for Digital Financial Inclusion
July 27, 2021
Digital financial services can help alleviate poverty and catalyze economic development. But suppose you are in a country where many people are not using these services. There are many possible causes. Which are most significant? How can you find the root of the problem? Policymakers now have a new ...

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