CGD Policy Blogs




Announcing an International Conference on Blended Development Finance and the New Industrial Policy

CGD and the Centre for Finance and Development are teaming up to bring together international finance practitioners who are thinking about how to marry public and private international financing for development (so-called blended finance) and researchers who are rethinking government strategies to encourage private activity in sectors viewed as key to economic development (known as the new industrial policy).

Can Robots Save Banks? RegTech’s Potential to Solve De-Risking

Policies put in place to counter financial crimes have unfortunately had a chilling effect on banks’ willingness to do business in markets perceived to be risky—due in part to the high price of compliance. Even as changes are being made to address this problem, financial institutions are developing solutions in the form of new cutting-edge technologies to help them comply better and faster with anti-money laundering regulations.

Guyana’s Forest Preservation Agreement: Hopes, Fears, and Consequences

Since 2008, programs for Reducing Emissions from Deforestation and Forest Degradation Plus (REDD+) have pioneered the use of performance payments to reduce tropical deforestation. While these programs generated hopes of slowing climate change and protecting indigenous peoples’ access to their lands, they also generated fears over misuse of funds, abuses of rights, displacement and commodification of the environment.

The Need for New Approaches to Global Health Aid Allocation

Aid allocation has been a topic of much investigation across several fields. In particular, many studies have looked at the patterns of development assistance for health (DAH). For example, a study by Hanlon and colleagues found that regional variations in DAH country allocations were only in part explained by differences in disease burden or income levels. If DAH allocation is not primarily driven by the health and financial needs of those receiving it, then on what grounds is it allocated?

On-Grid or Off-Grid Electricity? African Consumers Say…We Want Both

In the push for electricity access in the developing world, many policymakers are trying to figure out where on-grid or off-grid solutions make the most sense. My new paper asks 39,000 consumers in 12 African countries about their energy use and demand. The big takeaway: African consumers don’t view grid versus off-grid as a binary question.

Will Trump’s Big Aid Cuts Hurt Chances for Reform?

The Trump administration delivered its FY 2019 budget request to Capitol Hill this week. Containing deep cuts to the international affairs budget, it looks a lot like a repeat of the FY 2018 request. And with a 30 percent reduction in topline spending, few programs were spared. Meanwhile, buried among the rubble are smart reform ideas that run the risk of being overshadowed—or even undermined—by the depth of the proposed spending reductions.