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Blog Post
June 17, 2015
In an earlier blog post, we explained why we think that donors and development finance institutions are getting it wrong by issuing guarantees and cheap loans to the private sector. We argue they should instead be increasing the returns for firms when they succeed. Today, a former CGD Visiting ...
Blog Post
June 12, 2015
We are enthusiastic about the growing interest in supporting private investment in developing countries, but it matters a lot how this is done. The sorry history of failed and distortionary partnerships should tell us something about how donor countries can do a better job of working with the privat...
WORKING PAPERS
May 05, 2015
Governments, donors, and public sector agencies are seeking productive ways to ‘crowd in’ private sector involvement and capital to tackle international development challenges. The financial instruments that are used to create incentives for private sector involvement are typically those...
CGD in the News
March 10, 2015
Anit Mukherjee is quoted on how India’s 14th Finance Commission report has transformed the fiscal relationship between the Center and States; Jonah Busch is quoted on the report’s incentives for States to protect their forests; and Bill Savedoff and Rita Perakis’ work on results-ba...
POLICY PAPERS
February 06, 2015
Results-based aid (RBA) is a form of foreign assistance in which one government disburses funds to another for achieving an outcome. This paper distinguishes four different theories used to justify RBA programs and analyzes four case studies – from GAVI, the Amazon Fund, Ethiopian Secondary Ed...
Blog Post
January 22, 2015
Amid rising interest in social impact investment, a growing number of social impact bonds, and a persistent interest in how the private sector can be best engaged in addressing global development challenges, Development Impact Bonds (DIBs) have been attracting a lot of attention....