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Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
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Remarks to the European Parliament on EFSD/ EFSD+
September 24, 2025
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Research
POLICY PAPER
February 16, 2022
South Africa responded to the stresses of the COVID-19 pandemic and lockdown using a combination of existing social protection programmes, unemployment insurance, and additional measures to support those most affected. This paper reviews policies and implementation with the objective of highlighting...
POLICY PAPER
February 15, 2022
As the global financial community considers how to extend debt relief accompanied by IMF adjustment programs to vulnerable low-income countries, the issue of policy conditions for fiscal adjustment will inevitably arise. This paper considers the effectiveness of conditions related to domestic revenu...
CGD NOTE
February 15, 2022
While countries face daunting political challenges in the race against time to fulfill the climate pledges made at COP26 in Glasgow, some policy initiatives are easier than others. Cutting methane emissions by reducing wasteful flaring of natural gas stands out as an immediate political opportunity ...
WORKING PAPER
February 09, 2022
This paper explores the historical record in the development and deployment of vaccines globally and puts the COVID-19 vaccine rollout in that context. Although far more can be done and should be done to speed equitable access to vaccines in the COVID-19 response, it is worth noting the revolutionar...
POLICY PAPER
February 09, 2022
Many stress the critical role of the private sector in filling yawning sub-Saharan Africa (SSA) infrastructure finance gaps, only widened by the pandemic. Our paper looks in detail at financially closed (construction-ready) transactions with private participation in SSA from 2007-2020. Despite the “...
POLICY PAPER
February 07, 2022
Sovereign bond guarantees (SBGs) are an effective but underutilized instrument available to the US government in support of developing country partners. By protecting bond purchasers in the event of a foreign issuer country’s default, SBGs substantially reduce borrowing costs for developing country ...
CGD NOTE
February 02, 2022
USAID recently released a draft Local Capacity Development (LCD) Policy. While USAID routinely invests in interventions designed to strengthen local capacity, this is the first time the agency has attempted to articulate principles that will govern its approach and propose, in broad terms, the steps...