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POLICY PAPERS
March 21, 2024
Already constrained by the economic aftershocks of COVID-19, the impact of the war in Ukraine, and the food and climate crisis, low-income countries and lower-middle-income countries now face a combination of soaring debt and high interest rates. Confronted with insufficient liquidity to respond to ...
CGD NOTES
December 06, 2023
This note argues that the United Kingdom (UK), working within old and new coalitions, should take a more strategic approach to the aims and funding of a leading cluster of major multilateral funding institutions. It sets out the UK’s role within multilaterals, the key reform issues and how to treat ...
Blog Post
May 22, 2023
The recent Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF) shone a light on the enormous and enlarging gulf between developing countries’ needs and what high-income countries are currently offering. Already constrained by the economic aftershocks of COVID-19, low- an...
Blog Post
March 07, 2023
Here, we look at five lessons which can be drawn from this experience for the UK and other donors for providing aid in fragile contexts, and argue that an alternative approach could have been more successful—and remains a viable option for re-engaging with Afghanistan in the future.
March 28, 2022
It is increasingly recognised that countries outside the OECD are important players in development. However, there is no consistent measurement of development effort across all major economies. At CGD, we developed a new measure —Finance for International Development (FID)—that attempts to fill this...
Blog Post
May 05, 2021
COVID-19 has inflicted unequal burdens across countries, across generations, and across the urban-rural divide, deepening existing inequalities. But the COVID economic crisis has also created opportunities for bold, cross-cutting thinking. The need for more robust social protection programs in lower...