Ideas to action: independent research for global prosperity
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Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
CGD NOTES
June 17, 2024
BRIEFS
June 17, 2024
WORKING PAPERS
June 10, 2024
WORKING PAPERS
June 12, 2024
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Research
BRIEFS
June 17, 2024
The International Development Association (IDA)—the World Bank’s arm that works in low- and lower-middle-income countries—is one of the largest sources of development assistance for the world’s poorest countries. It is also a crucial tool for resource-constrained governments to borrow on affordable ...
CGD NOTES
May 07, 2024
IDA faces many headwinds—difficult aid politics in key donor countries; a high-interest rate environment that renders its financial model less efficient; and deteriorating credit quality in many of its client countries that makes risk taking less appealing. Breaking the $100 billion mark is not a po...
POLICY PAPERS
December 11, 2023
Factors like borrowing costs and access to alternative sources of finance will likely limit country demand for World Bank climate mitigation finance absent financial incentives, which could prove costly and difficult to resource at the scale needed to have meaningful impact. There's a risk that thes...
CGD NOTES
August 23, 2023
Across several African countries, there has been a troubling trend of infrastructure being stripped to sell as scrap metal. People have been arrested for ripping out and selling rail sleepers in South Africa and Ghana, pylon and copper wires in Uganda, and streetlamp meters in Liberia. That strippin...
CGD NOTES
June 16, 2023
In this note we assess the potential short-term fiscal impact of these instruments. We look at three major natural disasters over the past two years and assess how much relief each country would have received if DSCs had been included in the totality of their external debt instruments.
POLICY PAPERS
May 09, 2023
Climate change has major ramifications for migration at every level. While most migration affected by climate change will be internal, the international system is unprepared and inadequate for the needs that will arise. Migration can be a valuable tool for adaptation, but action is needed if its po...