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CGD NOTES
March 26, 2020
“Additionality” is central to claims of impact by development finance institutions (DFIs). At its core is the notion that DFIs are necessary to solve a market failure by providing capital, risk mitigation, or some other benefit to a market that is not delivering these services strictly through priva...
CGD in the News
November 22, 2016
“President George W. Bush had no record of being pro-Africa or pro-foreign assistance and he left an absolutely stellar record,” said Todd Moss, chief operating officer and senior fellow at the Center for Global Development, who served in the State Department during the Bush administrati...
CGD in the News
November 16, 2016
Plenty of obstacles remain: the unprecedented migration crisis, the threat of global disease pandemics, and the long-term consequences of climate change, to name a few. Still, "the last decade has probably been the best in the history of mankind in terms of welfare benefits and reductions of po...
Blog Post
October 24, 2016
Foreign assistance has come a long way in becoming much more transparent. The idea, pushed by campaigns like Publish What You Fund and embodied in the International Aid Transparency Initiative, is that being more open about concessional aid will lead to less waste and more ...
Blog Post
February 23, 2015
The African Development Bank almost wasn’t. Twenty years ago, the Bank lost its crucial AAA credit rating and its future was very much in doubt. Yet now it is held up as one of the largest sources of infrastructure finance for the region, a multilateral financing institution owned by 53 Africa...