Ideas to action: independent research for global prosperity
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CGD NOTES
April 25, 2020
While there has been much interest and investment in developing epidemic vaccines and medicines to combat emerging infectious disease threats, there has been less attention to how we will manage and allocate the global supply of efficacious vaccines and treatments once we have them. The launch of th...
Blog Post
February 05, 2020
Despite decades of investment, TB remains a global crisis. Each year, TB kills 1.6 million people—making it the world’s deadliest infectious diseases. We have set out to develop a solution: what we ultimately called the Market-Driven, Value-Based Advance Commitment (MVAC), a mechani...
REPORTS
February 05, 2020
The market-driven, value-based advance commitment (MVAC) builds on the advance market commitment (AMC) mechanism previously used in global health with several important innovations and improvements. Most crucially, the MVAC is driven by MIC demand rather than donor contributions; is informed by coun...
Blog Post
October 22, 2019
Last week, Abhijit Banerjee, Esther Duflo, and Michael Kremer received the Nobel Prize in Economic Sciences “for their experimental approach to alleviating global poverty.” In this blog post, I’ll give you a bite-sized introduction to more than 100 of Michael Kremer’s researc...
Blog Post
October 15, 2019
Efforts to make aid more effective in the last two decades have given prominence to "country ownership." With true country ownership, aid is supposed to follow the priorities of recipient countries, rather than those of the funders. Yet funders have their priorities too. So recipients and ...
WORKING PAPERS
October 11, 2019
This paper illustrates the tradeoff between country ownership and funders’ priorities with a formal model in which aid is governed by a contract to produce a jointly desired outcome. The model generalizes the Principal-Agent approaches for studying aid which treat countries as having multiple ...
Blog Post
September 12, 2019
Over the past two decades, several global health institutions have attempted to improve public health by influencing the characteristics of health product markets, including pricing, quality, overall production, and the supplier and product landscapes. We examine the role of Gavi, the Vaccine Allian...
Blog Post
July 26, 2019
In the world of foreign aid flows, the idea of paying for outcomes rather than inputs has a long history. Yet despite regular proclamations of interest in such approaches, the share of funding that is linked to outputs or outcomes instead of activities and processes remains quite small.