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WORKING PAPERS
March 23, 2022
International migrants who seek protection also participate in the economy. Thus the policy of the United States to drastically reduce refugee and asylum-seeker arrivals from 2017 to 2020 might have substantial and ongoing economic consequences. This paper places conservative bounds on those effects...
Blog Post
March 23, 2022
The United States was once a major haven for refugees fleeing violent persecution overseas. Today it is much diminished. The US severely restricted refugee resettlement beginning in 2017. Annual refugee arrivals plummeted by 86 percent by fiscal year 2020—almost all before the pandemic. It is a door...
Blog Post
March 23, 2022
The previous US administration sought to end all US admissions of refugees, people who face violent persecution in their home countries. After four years of work dedicated to refugee exclusion, Trump officials succeeded in slashing admissions by 86 percent. In this blog, I’ll show how the Trump admi...
Blog Post
March 18, 2022
The “billions to trillions” vision advanced the notion that some significant part of official development assistance (ODA) should be used to catalyze additional finance from other public and private sources. Seven years later, the expectations that blended finance would expand sharply to help narrow...
Blog Post
March 18, 2022
The refugee crisis caused by the war in Ukraine is shaping up to be the worst the world has seen for 80 years. There are also millions of civilians inside Ukraine—some displaced by the fighting, others still at home—who (either now or in the near future) will need assistance from humanitar...
Blog Post
February 17, 2022
While Fitch had lowered Ghana’s rating in January, S&P opted to maintain its B-rating with a stable outlook pointing to Ghana’s solid growth prospects over the coming years. These divergent actions—and strong market reactions—are a reminder of the tremendous weight that investors put into assess...
Blog Post
February 09, 2022
Much has been written about yawning infrastructure finance gaps in sub-Saharan Africa, and there is a growing recognition that these gaps have widened during the pandemic. Since the “billions to trillions” vision was launched in 2015, many have stressed that the private sector must be a significant ...
POLICY PAPERS
February 09, 2022
Many stress the critical role of the private sector in filling yawning sub-Saharan Africa (SSA) infrastructure finance gaps, only widened by the pandemic. Our paper looks in detail at financially closed (construction-ready) transactions with private participation in SSA from 2007-2020. Despite the “...
Blog Post
February 07, 2022
For those who care about the mobilization of private finance for development, channeling a much larger volume and share of the trillions of dollars of global institutional investment, including from pension funds, into SDG-related investment in emerging markets might be described as the holy grail. ...