Ideas to action: independent research for global prosperity
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Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
CGD NOTES
May 31, 2024
CGD NOTES
June 05, 2024
CGD NOTES
May 23, 2024
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June 05, 2024
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CGD NOTES
June 06, 2024
Most foreign aid comes in one of two forms: either we pay a person or an institution today in exchange for delivering some beneficial activity in the future, or we observe something bad happen to them and then give them support to recover from it. In this note, I identify a broad family of alternati...
CGD NOTES
May 15, 2023
The ability of the World Bank to strike an appropriate balance between country demands and global goods depends on the institution’s shareholders. Yet, the deterioration in the bilateral relationship between the United States and China now threatens to undermine effective governance at the instituti...
CGD NOTES
December 09, 2022
There is a very real possibility that the UK ceases to be a significant presence in international development over the next couple of years; indeed, this is the most likely outcome at present. In this note, we set out the challenges facing Mitchell, and how each of our recommendations can be achieve...
CGD NOTES
June 09, 2022
As one of the only truly global institutions, the World Bank is uniquely positioned to be the world’s premier source funding for global public goods. But despite its global coverage, the World Bank has never truly been oriented towards global challenges. Its mission has been defined primarily by ind...
CGD NOTES
March 14, 2022
In the face of sudden economic shocks and natural disasters that limit the ability of economies to rapidly raise revenue, MDBs have the potential to play a leading role in crisis response to minimize the damage. One key factor in their success in this role is the speed of their financing instruments...
CGD NOTES
October 26, 2021
Official development assistance (ODA) can be and often is spent in well-off countries, where a vanishingly small proportion of the population live in poverty (Dissanayake & Tahmasebi, 2021). Such spending is sometimes justified either on the grounds that a large number of the global poor neverth...
CGD NOTES
October 12, 2021
Governments make policy to affect three domains: domestic outcomes, outcomes in foreign countries, and shared global challenges. This note sets out how the conceptual and analytical incoherence of policy set in developed countries across these three domains undermines their own effectivene...