Africa remains extremely difficult for entrepreneurs. Donors are increasingly targeting assistance to address the investment-climate constraints that hinder private-sector growth. This report lays out the case for promoting investment climate reforms more strategically, various options for implementing a system to do so, and possible institutional homes for the proposed facility.
In an open letter to Ambassador Richard Holbrooke, Nancy Birdsall relays four main suggestions from the CGD Study Group on a U.S. Development Strategy in Pakistan about how U.S. assistance should be delivered to maximize development outcomes.
The (Indispensable) Middle Class in Developing Countries; or, The Rich and the Rest, Not the Poor and the Rest - Working Paper 207
Nancy Birdsall argues that the concept of inclusive growth should go beyond the traditional emphasis on the poor (and the rest) and take into account changes in the size and economic command of the group conventionally defined as neither poor nor rich, that is, the middle class.
The Costs and Benefits of Duty-Free, Quota-Free Market Access for Poor Countries: Who and What Matters - Working Paper 206
This paper examines the potential benefits and costs of providing duty-free, quota-free market access to the least developed countries (LDCs), and the effects of extending eligibility to other small and poor countries.
Nancy Birdsall testifies before the House Financial Services Subcommittee on International Monetary Policy and Trade on rebuilding Haiti's competitiveness and private sector. March 16, 2010.
The U.S. Aid “Surge” to Pakistan: Repeating a Failed Experiment? Lessons for U.S. Policymakers from the World Bank’s Social-Sector Lending in the 1990s - Working Paper 205
This working paper re-releases a 2005 CGD analysis of failed World Bank aid to Pakistan in the 1990s and identifies the lessons that are relevant today, as aid to Pakistan surges again.
Cash on Delivery (COD) Aid proposes serious reform to make aid work well by forcing accountability, aligning the objectives of funders and recipients, and sharing information about what works.
Less Smoke, More Mirrors: Where India Really Stands on Solar Power and Other Renewables - Working Paper 204
After rejecting emissions caps, India seems poised to curb greenhouse gases on its own. Senior fellow David Wheeler calculates that a proposed new renewable energy standard would cause a massive shift of new power capacity within a decade.
Paul Romer argues that the principal constraint to raising living standards in this century will come neither from scarce resources nor limited technologies; rather, it will come from our limited capacity to discover and implement new rules. He suggests a new type of development policy: chartering new cities to create centers of growth and prosperity within developing countries.