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Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
POLICY PAPERS
April 15, 2024
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April 15, 2024
CGD NOTES
April 11, 2024
WORKING PAPERS
April 11, 2024
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CGD NOTES
March 26, 2020
“Additionality” is central to claims of impact by development finance institutions (DFIs). At its core is the notion that DFIs are necessary to solve a market failure by providing capital, risk mitigation, or some other benefit to a market that is not delivering these services strictly through priva...
TESTIMONY
November 13, 2019
On November 13, CGD senior fellow Charles Kenny testified before the House Committe on Financial Services Subcommittee on National Security, International Development, and Monetary Policy Hearing, on How America Leads Abroad: An Examination of Multilateral Development Institutions.
POLICY PAPERS
October 09, 2019
There is a significant and ongoing ramp-up in support for explicitly subsidized official development finance to the private sector around the world, but its role remains poorly defined. Lessons from the aid effectiveness literature as a whole and principles on effective use of aid suggest the need f...
POLICY PAPERS
September 24, 2019
Development finance institutions have positioned themselves as key agencies to help the world meet the Sustainable Development Goals. It is doubtful that they can deliver. This paper outlines the challenges facing DFIs in achieving (anywhere near) such an expansion in their impact, particularly in i...
POLICY PAPERS
January 17, 2018
Development Finance Institutions (DFIs)—which provide financing to private investors in developing economies—have seen rapid expansion over the past few years. This paper describes and analyses a new dataset covering the five largest bilateral DFIs alongside the IFC which includes projec...