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.
WORKING PAPERS
April 11, 2024
POLICY PAPERS
April 15, 2024
CGD NOTES
April 08, 2024
WORKING PAPERS
April 04, 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 ...
CGD NOTES
March 20, 2024
Development finance institutions (DFIs) and bilateral development agencies play different yet complementary roles that ultimately aim to achieve the Sustainable Development Goals. But questions remain about how well this relationship works in practice. Recent analysis suggests that DFI and developme...
CGD NOTES
December 06, 2023
This note argues that the United Kingdom (UK), working within old and new coalitions, should take a more strategic approach to the aims and funding of a leading cluster of major multilateral funding institutions. It sets out the UK’s role within multilaterals, the key reform issues and how to treat ...
POLICY PAPERS
September 07, 2023
The UK government has significantly expanded its development finance beyond ODA. The strategic use of guarantees, export finance, and other instruments is not a substitute for grants to the poorest, but instead offers the prospect of mobilising significant lending to developing countries, which can ...
CGD NOTES
November 07, 2022
The assignment is clear. During this year’s Annual Meetings of the IMF and World Bank, shareholders instructed the World Bank to develop a work program for its own evolution (“to identify gaps in the Bank’s current institutional and operational framework…”) by the end of the year. Secretary Yellen l...
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...