In a recent CGD note, “Empathy and Client Relationships in Development Finance,” we emphasised the importance of development finance institutions (DFIs) investing in face-to-face contact and dialogue with their clients to build the empathetic relationships needed to deliver development outcomes. But, in the era of COVID-19, did we overstate our case?
COVID-19 and economic responses to it have amplified and changed the nature of development challenges in fundamental ways. Global development cooperation should adapt accordingly.
Accelerating Progress of Low-Income Countries Towards the SDGs: Balancing Realism and Ambition in a Post-COVID-19 World
The world is in the throes of a health, economic, and social crisis due to the COVID-19 pandemic. Slower global growth has significantly worsened the economic prospects for all countries, including the poorest ones. Low-income countries (LICs) are also finding it more difficult to service their external debt as well as to access private capital—concessional and non-concessional
An evidence submission on the Independent Commission for Aid Impact (ICAI).
If the ODA budget is to be cut, doing so will be painful, messy, and imperfect, but there is a way to wield the chisel well, says Ranil Dissanayake.
Can Better Procurement be the Key to Financing UHC? Potential Savings from Health Sector Procurement Reforms in Low- and Middle-Income Countries
Around the world, procurement processes—which are vital to ensuring an affordable, reliable, and high-quality supply of health products—remain fraught with obstacles.
Countries provide aid for a variety of reasons, but if uncoordinated, the individual decisions of 30 OECD DAC donors and many more multilateral institutions can lead to wide and ineffective variations in how much aid countries receive.
We examine the behavior of Chinese government lenders in two debt rescheduling episodes: a “low stakes” case involving Seychelles and a “high stakes” case involving the Republic of Congo. The fact that the Republic of Congo was worse off after rescheduling its debts with Beijing underscores the importance of exposing these deals to public scrutiny before they are finalized and building borrower country capacity to negotiate more favorable deals.
Institutional and Political Determinants of Statutory Tax Rates: Empirical Evidence from Sub-Saharan Africa
This paper investigates the extent to which institutional and political factors explain statutory tax rates in sub-Saharan Africa (SSA). In particular, it examines the effect of regulatory quality, political accountability, political fragmentation, the electoral cycle, and ideological orientation on corporate income tax (CIT) rates as well as top marginal personal income tax (PIT) rates during 1990-2017
To better understand how governments can use data to support economic development and inclusive growth while protecting citizens and communities against harm, we interviewed over 40 data policy experts from government, civil society, the private sector, development organizations, and the data privacy community over summer 2020. This paper synthesizes the views we heard into key themes and explores some of the questions and challenges that a policy and research agenda aimed at supporting effective government data use should consider.
This note explores what happens to the value of ODA loans if more realistic discount rates are chosen. In short, the value of ODA loans falls by over a half.
From Displacement to Development: How Colombia Can Transform Venezuelan Displacement into Shared Growth
This case study is part of the “Let Them Work” initiative by Refugees International (RI) and the Center for Global Development (CGD). It outlines the barriers Venezuelans face in Colombia to economic inclusion, the impacts of these barriers, and the steps that the Government of Colombia, international organizations, donors, and the private sector could take to overcome them.
This policy paper, part of the “Let Them Work” initiative, outlines the impact of COVID-19 on Colombians and Venezuelans alike, exploring the barriers both face to accessing the labor market. It then identifies practical ways in which the Government of Colombia, donors, international organizations, and NGOs, can overcome these barriers.
Is research into a Covid-19 vaccine a suitable use of Official Development Assistance (ODA)? This note attempts to tease apart a discussion of “is this ODA” from “is this a global public good?” and then separate out again “is this ODA and/or a global public good?” from “is this an efficient way to spend money?”
We model household investments in young children when parents and older siblings share caregiving responsibilities and when investments by older siblings contribute to young children’s human capital accumulation. Having an older sister rather than an older brother improves younger siblings’ vocabulary and fine motor skills by more than 0.1 standard deviations.
How to Improve Education Outcomes Most Efficiently? A Comparison of 150 Interventions Using the New Learning-Adjusted Years of Schooling Metric
Limited resources mean that policymakers must make tough choices about which investments to make to improve education. Although hundreds of education interventions have been rigorously evaluated, making comparisons between the results is challenging. This paper proposes using learning-adjusted years of schooling (LAYS)—which combines access and quality and compares gains to an absolute, cross-country standard—as a new metric for reporting gains from education interventions.
On Wednesday, September 23, CGD Senior Fellow Prashant Yadav appeared before the United States International Trade Commission (USITC) at a virtual hearing examining “COVID-19 Related Goods: The U.S. Industry, Market, Trade, and Supply Chain Challenges.” His testimony focused on trade and supply chain issues for COVID-19 related medical products and he offered recommendations for building more resilient supply chains.
Evidence on ‘what works’ to promote women’s economic empowerment has expanded in recent years but remains geographically unbalanced, with English speaking countries and those with more longstanding research traditions better represented. Recognizing the importance of context specificity in understanding and advancing gender equality, we seek to fill a gap in the literature by reviewing interventions, policies, and broader socio-economic trends within West Africa and the extent to which they have contributed to progress in narrowing economic gender gaps in the region.