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Blog Post
November 10, 2016
Prime Minister Narendra Modi’s announced a bold measure on Wednesday to reduce the role of unaccounted for cash or “black money” in the country’s economy by “de-monetizing” higher-denomination currency notes. The new policy bans the use of 500 rupee and 1,000 rupe...
November 04, 2016
CGD experts have penned memos on proposals to improve US development policy that we hope the next president will prioritize once in office. These are bipartisan ideas that could make a big difference for people in the developing world. The proposals come from our teams working on the US Develop...
Blog Post
November 04, 2016
In November 2015, CGD published a report on the unintended consequences of anti-money laundering policies for poor countries, focusing on three groups: migrant workers who send remittances to their families, vulnerable people who are displaced by conflict or natural disasters and are in ne...
Blog Post
November 03, 2016
Distributed ledger technology, like Bitcoin’s blockchain, has the potential to transform cross-border payments, boost financial inclusion, and lessen the unintended consequences of anti-money laundering enforcement. Ripple, a fintech company using distributed ledger technology, made headl...
BRIEFS
October 19, 2016
Attention presidential transition teams: the Rethinking US Development Policy team at the Center for Global Development strongly urges you to include these three big ideas in your first year budget submission to Congress and pursue these three smart reforms during your first year...
BRIEFS
September 20, 2016
Since its establishment more than 54 years ago, the United States Agency for International Development (USAID) has expanded into an $18-billion-a-year agency, operating in over 145 countries and in nearly every development sector. But USAID is often constrained in its ability to adapt to emerging de...
Blog Post
July 21, 2016
Congress has officially departed Washington for the summer, leaving behind a lengthy to-do list for September. In the final weeks of session, both chambers clamored to advance spending bills for the 2017 fiscal year. Though draft bills funding the State Department and foreign assistance were among t...
Blog Post
July 13, 2016
The Senate Foreign Relations Committee recently took an interest in one key form of foreign aid—US economic assistance—convening a hearing to investigate the topic. We had high hopes going in and were pleased to hear all three of the hearing’s witnesses—Je...
Blog Post
July 07, 2016
With election-year events crowding out the legislative calendar, there’s only so many more opportunities for the Senate to show its commitment to development and its interest in improving US development policy. Legislators still have a week and a half in town, and we were encouraged to see the...