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.
POLICY PAPERS
May 09, 2024
CGD NOTES
May 07, 2024
WORKING PAPERS
April 23, 2024
WORKING PAPERS
May 01, 2024
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Research
CGD NOTES
April 22, 2022
There is no shortage of investable capital in the global economy. However, while the opportunities exist for investment and while funds are available, few projects actually reach financial close. The basic premise of this note is that although technical assistance (TA) for project preparation, manag...
WORKING PAPERS
April 06, 2022
This paper discusses how fiscal policy can help foster more inclusive growth in developing Asia. On average, government expenditures in developing Asia are higher, as a share of gross domestic product, than those in Latin America and the Caribbean. Relative to Latin America, developing Asia spends m...
WORKING PAPERS
April 06, 2022
This paper discusses the evolution of key taxes in the past 20 years in developing Asia and fiscal challenges that these countries face in light of the COVID-19 pandemic. It presents estimates of tax capacity and tax potential and discusses the productivity of key taxes in the region. The paper find...
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...
POLICY PAPERS
February 07, 2022
Sovereign bond guarantees (SBGs) are an effective but underutilized instrument available to the US government in support of developing country partners. By protecting bond purchasers in the event of a foreign issuer country’s default, SBGs substantially reduce borrowing costs for developing country ...
POLICY PAPERS
November 22, 2021
In this paper, we introduce the concept of climate debt and provide country-level estimates through 2035 under a business-as-usual scenario. These estimates can help inform the debate on climate change by providing a clear view of which countries have (until the present) contributed the most to clim...