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Front cover of Charles Kenny's policy paper on five principles for DFIs
October 9, 2019

Five Principles for Use of Aid in Subsidies to the Private Sector

There is a significant and ongoing ramp-up in support for explicitly subsidized official development finance to the private sector around the world, but its role remains poorly defined. Lessons from the aid effectiveness literature as a whole and principles on effective use of aid suggest the need for approaches that do not merely finance the marginal private investment. 

September 20, 2019

Are the Pacific Islands Insurable? Challenges and Opportunities for Disaster Risk Finance

There are several efforts underway in the Pacific Islands to insure public and private assets against natural disasters such as cyclones and earthquakes. These efforts are designed to mitigate the annual costs of such disasters which range from a few percent to over 50 percent of GDP.  However, insurance is not a substitute for aid.  Most islands are heavily aid dependent and cannot afford to pay the high premiums associated with disaster risk insurance. 

The cover of the report
September 4, 2019

Building an EU-Africa Partnership of Equals: A Roadmap for the New European Leadership

The arrival of a new leadership team in Brussels provides an opportunity for Europe to reinvigorate its role as a global development power and to build a true partnership with its continental neighbour, Africa. These tasks have never been more urgent. 

Cover of Policy Paper 142
May 17, 2019

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.

Cover of Policy Paper 137
February 5, 2019

The Two Hundred Billion Dollar Question: How to Get the Biggest Impact from the 2019 Replenishments

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.

The International Development Finance Club and the Sustainable Development Goals
December 17, 2018

The International Development Finance Club and the Sustainable Development Goals

The SDGs face a key dilemma. Although major multilateral institutions like the World Bank and the other core MDBs have played a leadership role in shaping the SDG financing framework, there is a significant misalignment between the structure of these institutions and SDG financing needs. The International Development Finance Club is uniquely positioned to play a leadership role on the SDGs.

An aerial view of the Za'atri camp in Jordan for Syrian refugees on July 18, 2013. State Department photo/Public Domain.
June 28, 2018

Refugee Spending and the Macroeconomic Program in Jordan

Even with international assistance, the cost of providing refuge to so many people has strained the budget of the Jordanian government. At the same time, international partners, notably the IMF, have been insisting that Jordan take actions to bring down government debt to “more sustainable levels” through increasing fiscal discipline to tame government deficits. These dual imperatives by the international community—host more refugees and tame the budget—seem to put Jordan in an untenable situation as long as the refugee crisis continues. Something will have to give—the question is how, what, and when?

Stock photo of a foggy rainforest
June 14, 2018

The Tropical Forest Finance Facility

A proposal for a pay-for-performance mechanism to finance sustainable development goals and global public goods that maximizes the efficient use of public credit and builds on major technology breakthroughs for measuring results.

Michele de Nevers , Kenneth Lay , Michael Wolosin and Patricia Bliss-Guest
Cover: Unequal Ventures
April 30, 2018

Unequal Ventures: Results from a Baseline Study of Gender and Entrepreneurship in East Java, Indonesia

A study of women and men business owners in East Java offers a unique opportunity to analyze characteristics of entrepreneurs and their businesses by gender for a country where such systematic data are scarce. The study is one of two randomized controlled trials launched in 2015 to assess the power of mobile savings and training for women entrepreneurs. This report details baseline results from the Indonesia trial, still under way, which is testing whether providing financial literacy training for women who are potential bank clients and varying financial incentives to bank agents promoting a new mobile savings product make a difference in increasing  entrepreneurs’ uptake of formal savings and in improving economic outcomes. Short-term results of the other trial, in Tanzania, were reported in the first report in this series.

Cover of "Mindful Saving: Exploring the Power of Savings for Women"
March 22, 2018

Mindful Saving: Exploring the Power of Savings for Women

Mobile savings hold great promise, because they can considerably reduce transaction costs that can be unduly heavy for women. Two questions guide us: how can we encourage more women microentrepreneurs to access formal savings accounts, and is mobile saving a particularly fitting solution? This series uses empirical evidence to address these issues.

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