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An image of the cover of a paper on DAC debt rules
October 7, 2020

New DAC Rules on Debt Relief – A Poor Measure of Donor Effort

The Development Assistance Committee (DAC) recently produced a long-awaited set of rules for how debt relief on loans should be scored as Official Development Assistance (ODA). Unfortunately, the rules suffer from a number of statistical problems and the DAC needs to take these rules back to the drawing board, or lose credibility.

Image of greenhouse gases
April 22, 2020

Projecting Global Emissions for Lower-Income Countries

This note updates and builds on analysis from 2014 by Stefan Dercon, which projects carbon dioxide emissions by the poorest countries to understand their likely future contribution to global emissions. Whilst these countries’ emissions are currently very low, there is concern that rapid economic growth could alter this picture.

Cover of Policy Paper 142
May 17, 2019

The Kunming-Vientiane Railway: The Economic, Procurement, Labor, and Safeguards Dimensions of a Chinese Belt and Road Project

The Kunming-Vientiane railway is an anchor investment of the Chinese government’s Belt and Road initiative. This case study will assess the rail project along four dimensions: economic implications; procurement arrangements; labor; and environmental and social safeguards. In each of these areas, evidence from the railway project suggests that Chinese policy and practice could be better aligned with the practices of other sources of multilateral and bilateral development finance.

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