We develop screens and principles designed to maximise the impact of aid, especially in richer recipients. All else equal, a dollar spent in the poorest countries will have a larger impact on well-being than a dollar spent in richer countries, so ODA should be concentrated in those countries.
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.
The Commitment to Development Index ranks 40 countries on their development policies. How did your country do this year?
Finance for International Development (FID): A New Measure to Compare Traditional and Emerging Provider Countries’ Official Development Finance Efforts, and Some Provisional Results
In this working paper we present a new indicator—Finance for International Development (FID)—that attempts to fill this gap by measuring in a comparable way the flows of official, cross-border concessional finance provided by 40 major economies
The Kunming-Vientiane Railway: The Economic, Procurement, Labor, and Safeguards Dimensions of a Chinese Belt and Road Project
The Kunming-Vientiane railway is an anchor investment of the Chinese government’s Belt and Road initiative. This case study will assess the rail project along four dimensions: economic implications; procurement arrangements; labor; and environmental and social safeguards. In each of these areas, evidence from the railway project suggests that Chinese policy and practice could be better aligned with the practices of other sources of multilateral and bilateral development finance.
In 2019/2020 donor governments are anticipated to pledge up to $170 billion to various multilateral organisations as part of their replenishment cycles. This unusual bunching of replenishments of some of the largest organisations in 2019 provides an opportunity to think more coherently about multilateral funding and to address key systemic problems, such as overlapping mandates and under-funding of some parts of the system.
In the Face of China’s Ambition, US Policy Must Be Defined by a Positive Agenda in the Developing World
In his appearance before the committee, Morris outlined findings from a newly-published CGD analysis exploring the debt implications of China’s Belt & Road Initiative—and offered his views on what it should mean for US global engagement.
China’s Belt and Road Initiative hopes to deliver trillions of dollars in infrastructure financing to Asia, Europe, and Africa. This paper assesses the likelihood of debt problems in the 68 countries identified as potential BRI borrowers. We conclude that eight countries are at particular risk of debt distress based on an identified pipeline of project lending associated with BRI.