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Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
TESTIMONY
Remarks to the European Parliament on EFSD/ EFSD+
September 24, 2025
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CGD NOTE
March 08, 2022
Governments have implemented an array of interventions needed to contain the economic impacts of COVID-19. Some of these interventions are not adequately captured in traditional fiscal metrics, such as debt and deficit. One approach to ensuring comprehensive coverage of these interventions and to pr...
POLICY PAPER
March 04, 2022
The East Asian export-led development model has served as a beacon for decades. For the many urbanized and rapidly urbanizing countries, the East Asian experience with and response to emerging challenges can be equally instructive. High-income East Asian economies are at or approaching peak urbaniza...
CGD NOTE
March 03, 2022
The COVID-19 pandemic has transformed the global vaccine manufacturing landscape, with capacity more than doubling in the past 18 months. Before the pandemic, manufacturers produced an estimated total of five billion vaccine doses each year. In 2021, manufacturers produced 12 billion doses of C...
CGD NOTE
March 03, 2022
Corrective taxes on harmful products—health taxes—are a cost-effective way to save lives and generate additional tax revenue. In new research, we show that health tax measures during COVID-19 have diminished in number and strength because the international community has mobilized additional, largely...
CGD NOTE
February 24, 2022
The worldwide shock inflicted by COVID-19 had the making of a “perfect crisis:” the kind that should not be wasted. Indeed, it could serve as an opportunity to initiate major reforms. Unfortunately, Pakistan, like virtually all other countries, has permitted the opportunity to go waste. Pakistan may...
WORKING PAPER
February 23, 2022
We use comparable, survey-based literacy tests for repeated cross-sections of men and women born between 1950 and 2000 to study education outcomes across cohorts in 87 countries. We find that education quality, defined as literacy conditional on completing five years of schooling, stagnated or decli...
TESTIMONY
February 17, 2022
On February 17, 2022, CGD Distinguished Non-Resident Fellow Daouda Sembene appeared before the National Security, International Development, and Monetary Policy Subcommittee of the House Financial Services Committee at a hearing titled “The Role of the International Monetary Fund in a Changing Globa...