Ideas to action: independent research for global prosperity
Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
POLICY PAPERS
March 04, 2025
CGD NOTES
February 07, 2025
POLICY PAPERS
February 12, 2025
CGD NOTES
March 05, 2025
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Research
POLICY PAPERS
October 28, 2024
The movement for localization in foreign aid presents philosophical and practical challenges for providers of foreign aid. In the past, some level of localization (to at least state actors) of both decision-making and spending could be achieved through general and sector budget support, a logistical...
WORKING PAPERS
October 24, 2024
Having its public debt written off as part of the Heavily Indebted Poor Countries initiative in 2005, Zambia welcomed significant investment in the late 2000s, particularly from Chinese state-owned banks, to propel economic development and diversify its economy beyond natural resources. While these ...
WORKING PAPERS
October 15, 2024
As the largest bilateral lender to developing countries, China’s involvement in efforts to help countries in debt distress achieve debt sustainability is very important. However, China has often been criticized for being slow to respond to those challenges due at times to some strategic motives. Fiv...
POLICY PAPERS
October 15, 2024
This paper addresses a critical flaw in the international financial system: the failure to address the inherent asymmetry between countries that issue reserve currencies and those that do not, leaving the latter vulnerable during systemic liquidity crises. We propose an IMF-managed Emerging Market F...
WORKING PAPERS
October 10, 2024
This paper presents findings from a comprehensive survey of 18 central banks and banking supervisor authorities in Latin America and the Caribbean, including major economies like Argentina, Brazil, Chile, Colombia, and Mexico. The survey aimed to assess the adoption of the Basel III standards across...
POLICY PAPERS
October 08, 2024
In today’s digitally interconnected world, the swift exchange of knowledge and research should be commonplace and should drive substantial advancements in health, well-being, and prosperity globally. Yet our current research publishing system is holding us back, deliberately restricting access to re...
