Latin America’s economic growth has declined significantly in the last decade. Although a variety of causes can potentially explain this result, there are some structural weaknesses that distinguish Latin America from other regions in the developing world.
External financial assistance is, and will remain, essential. But both donors and host countries need to do more to facilitate the transition from humanitarian relief to longer-term development assistance and trade measures could help.
Identifying and Verifying Customers: When are KYC Requirements Likely to Become Constraints on Financial Inclusion?
Onerous KYC documentation requirements are widely recognized as a potential constraint to full financial inclusion. However, it is sometimes difficult to judge the extent to which this constraint is a serious or binding one, relative to others. The paper considers this question, distinguishing between different types of documentation and different financial market segments according to their KYC requirements.
After one year, outsourcing the management of ninety-three randomly-selected government primary schools in Liberia to eight private operators led to modest learning gains. In this paper, we revisit the program two years later. Despite facing similar contracts and settings, some providers produced uniformly positive results, while others present stark trade-offs between learning gains, access to education, child safety, and financial sustainability.
Designing a Medium-Term Response to the Rohingya Refugee Crisis: Ideas for Bangladesh, the International Community, and the Private Sector (Brief)
The time to act is now. There is a finite window of opportunity to embed medium-term approaches before international attention wanes further and donor fatigue results in even greater funding shortfalls.
Designing a Medium-Term Response to the Rohingya Refugee Crisis: Ideas for Bangladesh, the International Community, and the Private Sector
While Bangladesh and Myanmar have recently attempted small-scale repatriation, these efforts have failed as refugees refused to go back, fearing for their safety. Conditions in Myanmar’s Rakhine State continue to deteriorate, and UN agencies have been denied full access to areas of return. Despite this, planning so far has been short-term and focused on aid rather than medium-term economic, environmental, and human development approaches.
New technology, better use of data, and entrepreneurial passion in improving distribution channels is reaching a critical mass with the potential to drive extraordinary improvements in availability, affordability, and quality of health products. Global health institutions can play a significant role in further boosting the overall innovation ecosystem for health products distribution. However, most distribution system innovators are missing from global discussions around UHC and access to medicines.
This case study assesses whether Zambia’s tax and fiscal policies have been impeded by political and technical constraints. Tax policy is a deliberate—yet intricate—process requiring not just well-measured choices, but also stability. Zambia has undertaken several tax reforms that have included broadening the tax base, establishing a revenue collection agency, and introducing a value-added tax (VAT).
Nigeria’s Low Tax Collection and Poor Quality of Government Expenditure: Political and Administrative Impediments to Improvement
This study examines the political and administrative barriers to domestic resource mobilization in Nigeria, whose tax ratios are significantly lower than those of neighboring countries.
Mind the Gaps: Takeaways from Emerging Research and Policy Implications for Aid Transition in Health and Development
As countries grow economically, governments face rapidly growing demands for quality, affordable, accessible, and equitable healthcare and other social services. At the same time, many middle-income countries face the prospect of transitioning away from donor aid, adding pressure to already-constrained public budgets to fill gaps as donor support ramps down.
While the ultimate goal remains safe, voluntary, and dignified repatriation of the refugees back to Myanmar, realistic scenarios for repatriation show significant numbers of Rohingya will remain in Bangladesh for more than 10 years. Consequently, there is growing interest in trying to move beyond the existing short-term aid-based solutions to inclusive, medium-term approaches that include economic, environmental, and human development in the region.
Bangladesh is hosting more than a million Rohingya refugees, and businesses have a critical role to play in improving the situation for them and their Bangladeshi host communities. We have identified four viable areas for business investment and procurement in Cox’s Bazar, the historically under-developed region that is hosting the Rohingya refugees.
Unless you have checked out of Earth, you must have heard phrases like, “data is the new oil,” “software is eating the world.” and “AI will disrupt everything.” Similar claims are bandied about as if they mean the same thing and as if they all point to the same trends, with little attempt to dig into their actual significance.
Meaningful progress on the goal of reducing global extreme poverty requires meeting the development needs of vulnerable populations in fragile contexts; but assistance in these contexts has traditionally been limited to short-term humanitarian aid, ill-equipped to address underlying development challenges.
When the world adopted the SDGs, policymakers knew that aid alone would never meet the financing needs. They embraced the “billions to trillions” vision, believing that an abundance of commercially viable SDG-related investments was ready and waiting for trillions in profitable private investment—if only development finance institutions (DFIs) and others could clear away the obstacles that stand between the investments and private investors. Reality looks different. To fill the gaps in the financial architecture, Nancy Lee and Dan Preston propose the Stretch Fund.