Development Finance

More from the Series

Blog Post

Will China's Belt and Road Initiative Push Vulnerable Countries into a Debt Crisis?

John Hurley et al.
March 05, 2018
In a new CGD paper, we assess the likelihood of debt problems in the 68 countries we identify as potential BRI borrowers. The big takeaway: BRI is unlikely to cause a systemic debt problem, yet the initiative will likely run into instances of debt problems among select participating countries—...
POLICY PAPER

Examining the Debt Implications of the Belt and Road Initiative from a Policy Perspective
John Hurley et al.
March 04, 2018
China’s Belt and Road Initiative hopes to deliver trillions of dollars in infrastructure financing to Asia, Europe, and Africa. This paper assesses the likelihood of debt problems in the 68 countries identified as potential BRI borrowers. We conclude that eight countries are at particular risk of de...
Blog Post

Yes, the IFC Should Do More in Middle Income Countries. But Which Ones?
Charles Kenny et al.
March 01, 2018
Moving beyond low income countries makes sense for an institution focused on ending extreme poverty. But does the IFC follow through by focusing on the countries that are home to the extreme poor? Not really.
Blog Post

Sub-Saharan Africa Can Multiply Its Success Stories and Donors Can Help
Ngozi Okonjo-Iweala et al.
February 27, 2018
Many of the world’s poorest countries in sub-Saharan Africa have shown they can reform and improve governance. But the momentum is fizzling out. In a new round of tough reforms, African leaders will need to do the heavy lifting. Africa is still poor, and not yet able to finance the investments...