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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 06, 2025
The dramatic and unexpected cessation of US foreign aid could change the trajectory of development assistance for years to come. The sudden stop in funding is reverberating globally, destabilizing the aid community and cutting off access to hundreds of lifesaving programs affecting millions of peopl...
CGD NOTE
March 05, 2025
It's been repeated time and again: The US trade deficit stems from a persistent savings-investment gap. Without closing that gap, the deficit won’t shrink. Tariffs may reduce the bilateral trade deficit with one country, but they increase the trade deficits with others—like pressing on one part of a...
POLICY PAPER
March 04, 2025
Despite strong evidence of impact and cost-effectiveness, nutrition interventions are consistently underprioritized and underresourced within the health sector. Drawing from relevant experiences in the broader global health landscape, this paper proposes four policy recommendations to enhance the ne...
BRIEF
March 01, 2025
This brief sets out options for the UK's Treasury in the use of the aid budget for meeting refugee-related costs.
The current approach is deeply problematic. It fails to deliver accounting officer responsibility for value for money, having contributed to significant unnecessary expenditure on refu...
POLICY PAPER
February 12, 2025
Planned relocation of climate-vulnerable communities is increasingly necessary as climate shocks become more frequent and intense. It is also becoming more feasible as modelling of future scenarios improves and adaptation limits become clearer. Still, many governments are underprepared for planning ...
POLICY PAPER
February 10, 2025
Banks play a central role in both the payments system and the provision of funding for firms and corporations. This role is particularly important in emerging markets and developing economies, where alternative sources of financing are scarce owing to underdeveloped local capital markets. Furthermor...
CGD NOTE
February 07, 2025
The political economy of global health financing is increasingly driven by fiscal constraints, geopolitical instability, and shifting power dynamics. The COVID-19 pandemic stalled or reversed health gains, and countries and donors now face tightening budgets and rising debt repayments, threatening t...