CGD Europe

In a few weeks’ time Australia’s Westpac bank will start closing down the accounts of money transfer organizations used by immigrants to send money home. Westpac is the last major Australian bank still offering services to organizations in the country’s US$25bn remittance sector. ...

All the hype (and criticism) over foreign aid programs that pay for results got us wondering: how are these programs being implemented and are they effective? 

De-banking is an ugly word, but it’s the focus of a new working group launched by CGD in Europe. Banks in rich countries, under pressure from anti–money laundering and counterterrorism enforcement efforts, are increasingly “de-banking” money transfer organizations that operate in p...

It drives me crazy that so many people equate development policy with foreign aid. That’s why I welcome this week’s landmark report from the British parliament’s Select Committee on International Development. As the UK nears the end of a five-year parliament, this well-respected...