A CGD Task Force assessed the implica­tions of Basel III for EMDEs and provided recommen­dations for both international and local policymakers to make Basel III work for these economies. This brief summarizes the key findings and recommendations.

Savings can help businesses expand, by enabling them to finance lumpy investments and absorb unexpected shocks. However, several barriers stand in the way of women firm owners in developing countries who want to increase their savings.

Women own more than half of all micro, small, and medium enterprises in Indonesia. But of the estimated 22–33 million businesswomen in the country, most operate informal unregistered microenterprises, with significantly fewer assets and profits than men’s.

Women’s economic empowerment is increasingly recognized as critical to achieving development outcomes around the world. Informed by a roundtable discussion at the Center for Global Development (CGD) and additional suggestions from CGD researchers, this four-point memo aims to issue practical p...

After dramatically increasing their lending during the global financial crises, the international financial institutions are requesting an unusual General Capital Increase. Senior fellow Todd Moss and co-authors explain what this means—and why it’s important.

Traditional economic theory predicts that capital mobility and international trade will push the world's national economies to one income level. As poorer nations race ahead, richer ones should slow down. Eventually, theory says, national economies would reach equilibrium. The reality of the last fe...

Over the last several years, the United States and other major donor countries have supported a historic initiative to write down the official debts of a group of heavily indebted poor countries, or HIPCs. Donor countries had two primary goals in supporting debt relief: to reduce countries' debt bur...