Ideas to action: independent research for global prosperity
Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
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May 31, 2024
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June 05, 2024
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May 23, 2024
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June 05, 2024
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Research
POLICY PAPERS
March 21, 2024
Already constrained by the economic aftershocks of COVID-19, the impact of the war in Ukraine, and the food and climate crisis, low-income countries and lower-middle-income countries now face a combination of soaring debt and high interest rates. Confronted with insufficient liquidity to respond to ...
POLICY PAPERS
June 20, 2023
If we could reinvent MDBs to respond to urgent development and climate needs and to benefit from 70 years of experience with the model, what would they look like? Countries should chart their own low-carbon climate resilient development and growth paths, with robust analytical support from MDBs that...
POLICY PAPERS
March 14, 2023
The climate financial intermediary funds (FIFs) are one of the largest sources of grant and concessional finance for climate, especially for middle-income countries, but there are significant challenges at the systemic level and differing performance across FIFs. We recommend consolidating funds in ...
POLICY PAPERS
February 15, 2022
As the global financial community considers how to extend debt relief accompanied by IMF adjustment programs to vulnerable low-income countries, the issue of policy conditions for fiscal adjustment will inevitably arise. This paper considers the effectiveness of conditions related to domestic revenu...
POLICY PAPERS
February 09, 2022
Many stress the critical role of the private sector in filling yawning sub-Saharan Africa (SSA) infrastructure finance gaps, only widened by the pandemic. Our paper looks in detail at financially closed (construction-ready) transactions with private participation in SSA from 2007-2020. Despite the “...
POLICY PAPERS
January 20, 2022
This paper discusses three potential requirements for country platforms to facilitate effective delivery of GPGs. We propose that existing country platforms be repurposed to coordinate the contribution of domestic and external stakeholders to GPG delivery efforts at the country level. For this propo...