Ideas to action: independent research for global prosperity
How Did the UK’s Assessments of Multilateral Value for Money Affect Aid Allocations?
December 11, 2023
In past years, the UK Government has undertaken substantial assessments of each multilateral’s effectiveness to inform UK funding decisions. In this blog, we explore how these major assessments of Value for Money (VfM) affected the UK’s multilateral aid allocation. To do this, we’ve accessed previou...
How the UK is Financing New Billions for Climate and Ukraine
September 07, 2023
We have reviewed each of the UK’s seven main finance tools—from export finance to capital increases at its private finance arm, British International Investment. Overall, we find that the UK has substantially increased the level of finance it mobilises, from around £3bn in 2018, to £5bn in 2021, and...
UK Development Finance beyond ODA: Mapping and Assessing the UK’s Non-grant Development Finance
September 07, 2023
The UK government has significantly expanded its development finance beyond ODA. The strategic use of guarantees, export finance, and other instruments is not a substitute for grants to the poorest, but instead offers the prospect of mobilising significant lending to developing countries, which can ...
G7 Countries Not Fulfilling their Own Commitments to Least Developed Countries
March 03, 2023
Next week, a once-in-a-decade UN conference will meet to address the challenges facing Least Developed Countries (LDCs). It will plan delivery of the Doha Programme of Action (PoA), and review implementation of the Istanbul PoA. As part of this, attention should be given to a set of lesser-known UN ...
Africa: How Emerging Economies Are Reshaping the International Financial System
February 23, 2023
Emerging Actors in the Multilateral System
February 22, 2023
This note looks at the development finance provided to multilateral institutions by a group of 13 major economies that have become significant international actors over the past decade. This group—which includes the five BRICS countries—are outside of the mainly Western, high-income countries that a...
How Emerging Economies Are Reshaping the International Financial System
February 22, 2023
Whilst the war instigated by Russia, and rising competitions with China, could suggest a return to a cold-war-esque bipolar world, the spread of economic growth and prosperity mean the economic and financial influence is much-wider spread. The “emerging” economies are significantly stepping up thei...
How to Reverse the Decline in the Poverty Focus of UK Aid
February 07, 2023
It is well understood that the same amount of aid makes a bigger difference to peoples’ lives when their incomes are lower. And Development Minister Andrew Mitchell has rightly emphasised a “focus on the poorest and most vulnerable” in the UK’s development activities. With significant cuts to the UK...
A Costless Alternative to Increasing the UK Aid Budget: Borrow from Future Years
October 11, 2022
UK Chancellor, Kwasi Kwarteng, is preparing a “medium-term fiscal plan”. Might there be a solution that enables the Chancellor to respond to immediate pressures, avoids further cuts to the UK’s aid programmes, and actually improves the UK’s medium-term fiscal position?
Projections of UK-Hosted Refugees, and the Implications for the UK’s Aid Budget and Spend
September 26, 2022
In this note, we look at the potential numbers and cost of refugee hosting in the UK in 2022, how this compares to the UK’s historic approach, and the knock-on impact for the UK’s aid budget.