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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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TESTIMONY
May 25, 2023
On May 25, 2023, CGD Distinguished Non-Resident Fellow Daouda Sembene appeared before the Security, Illicit Finance, and International Financial Institutions Subcommittee of the House Financial Services Committee at a hearing titled “International Financial Institutions in an Era of Great Power Comp...
CGD NOTE
May 15, 2023
The ability of the World Bank to strike an appropriate balance between country demands and global goods depends on the institution’s shareholders. Yet, the deterioration in the bilateral relationship between the United States and China now threatens to undermine effective governance at the instituti...
CGD NOTE
December 21, 2020
Global e-commerce sales surged to US$25.6 trillion in 2018, up 8 percent from 2017. Leading the way are China (US$1.5 trillion), the United States (US$600 billion), and the United Kingdom (US$135 billion) holding the top three spots respectively. Yet Africa, with 17 percent of the world’s population...
WHITE HOUSE AND THE WORLD POLICY BRIEF
December 03, 2020
Swift and orderly action on international debt is a moral, political, economic, and security imperative for the United States. A series of disorderly and protracted debt crises would be catastrophic for the world’s poorest countries. A Biden administration can raise the G20’s ambition level to avert...
CGD NOTE
November 18, 2020
We examine the behavior of Chinese government lenders in two debt rescheduling episodes: a “low stakes” case involving Seychelles and a “high stakes” case involving the Republic of Congo. The fact that the Republic of Congo was worse off after rescheduling its debts with Beijing underscores the impo...