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Research

Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
WORKING PAPERS
Protect Incomes or Protect Jobs?
Asli Demirguc-Kunt et al.
March 15, 2023
POLICY PAPERS
Concessional Climate Finance: Is the MDB Architecture Working?
Nancy Lee et al.
March 14, 2023
BRIEFS
Estimating the Return on Investment of Health Technology Assessment India (HTAIn)
Eleanor Grieve et al.
March 10, 2023
CGD NOTES
The Fall of Silicon Valley Bank: A Warning for Emerging Markets
Liliana Rojas-Suarez
March 16, 2023

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Research
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POLICY PAPERS
Operation Warp Speed, Encore: A Case for US Leadership to Drive Market-Based Global Health Innovation
Rachel Silverman
November 28, 2022
The experience of the COVID-19 pandemic—in the US and around the world—highlights the potential feasibility and importance of biomedical R&D for global health and welfare. Drawing from this experience and momentum, this paper argues that the US should deepen its engagement and ambition in global hea...
POLICY PAPERS
Catalyzing Climate Results with Pull Finance
Benjamin Stephens et al.
November 23, 2022
Pull financing is an underutilized tool that can drive the development and adoption of critical technologies necessary to address the globe’s climate crisis. This paper provides tangible examples by presenting two case studies that illustrate how pull climate finance can be used to deliver urgently ...
CGD NOTES
Spain and Latin America: Why Investment and Aid Ties Need New Strategies Now
Alejandro Fiorito
and
Amanda Glassman
November 21, 2022
Spain’s relationship with Latin America can be mutually beneficial or stale and insignificant. Now, the timing is right for Spain to launch new strategies and a new framework of bilateral, multilateral, and multiregional engagement with the region, in which Spain should embrace its dual role as brid...
CGD NOTES
Episode 7: How I got a PhD in Economics from Yale
Nancy Birdsall
November 18, 2022
The overarching theme of these episodes is the luck and privilege I’ve enjoyed—and my country has enjoyed—and the implications for my and my country’s responsibilities to the rest of the world. I was lucky to be born in America White and well-off; was lucky again as a baby boomer to enjoy the reprod...
WORKING PAPERS
The Rise of Star Firms: Intangible Capital and Competition
Meghana Ayyagari et al.
November 17, 2022
The large divergence in the returns of top-performing star firms and the rest of the economy is substantially reduced when we account for the mismeasurement of intangible capital. Star firms produce and invest more per dollar of invested capital, have more valuable innovations as measured by the mar...
WORKING PAPERS
Cash Transfers, Trust, and Inter-household Transfers: Experimental Evidence from Tanzania
David Evans
and
Katrina Kosec
November 17, 2022
Institutionalized conditional cash transfer (CCT) programs may affect important aspects of pre-existing, informal safety nets such as inter-household transfers and trust among community members. We use a randomized controlled trial to test the impact of CCTs on various measures of trust and informal...
CGD NOTES
Defeating Inflation: Latin America’s Most Immediate Challenge
Laura Alfaro et al.
November 16, 2022
 Inflation has become a central feature of the global economy. In Latin America (aside from idiosyncratic cases such as Argentina and Venezuela, where high inflation rates have long been the norm), inflation began to rise the first half of 2021, at the same time it did in the US. The fact that risin...

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