Tag: Finance

 

Is the Idea of Counting Dollars of Illicit Financial Flows Undermining Action Where It Counts?

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The Sustainable Development Goals (SDGs) include a target to “significantly reduce illicit financial flows (IFFs).” While there is no global consensus about what this means, working definitions point to funds that are “illegally earned, transferred, and/or utilized.” The term is thus generally seen as an umbrella for a wide variety of “dirty money” including funds associated with drug, arms, and human trafficking; wildlife and natural resource crime; state capture and illicit enrichment; the financing of terrorism; and the evasion of taxes and tariffs.

Looking Forward: Development in 2018 – CGD Podcast

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What's going to happen in the world of development in 2018? Will we finally understand how to deal equitably with refugees and migrants? Or how technological progress can work for developing countries? Or what the impact of year two of the Trump Administration will be? Today’s podcast, our final episode of 2017, raises these questions and many more as a multitude of CGD scholars share their insights and hopes for the year ahead. 

Women in Fintech: Steps towards Gender Equality in a Most Unequal Sector

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On October 4, CGD convened a private roundtable on women and financial technology in development alongside Monica Brand Engel, co-founding partner of Quona Capital (which invests in financial technology solutions in the developing world), and Wendy Jagerson Teleki of the International Finance Corporation. An engaged set of participants from MDBs, government, civil society, and the private sector joined Engel and Teleki in exchanging ideas on how to increase women’s representation in financial technology (or “fintech” for short) leadership and improve access to financial services for women. 

Preparing for the Next Ebola Outbreak: Incentivising the Right Type of Capacity

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In April this year, the National Academies of Science, Engineering, and Medicine (NASEM) published a report making the case for “Integrating Clinical Research into Epidemic Response.” As reflected in its title, the 250-page-plus-appendices report makes a strong evidence-informed argument for integrating health service delivery with clinical research conducted during epidemics. The goal is to produce critical information on the efficacy and safety of potential therapeutics and vaccines for tackling such epidemics after they occur, or, better still, for preventing them from happening. Earlier this week, the group reconvened at the Wellcome Trust to discuss “what next.” The need to focus on systematic support and funding for the data collection and research functions in outbreak-affected countries came out again as the top priority.

Mindful Saving in Tanzania: Strategies Women Use

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The entrepreneur is a 59-year-old widow in the city of Mbeya, Tanzania. She has a covered dark corner space in an open market where she sells soft drinks during the day, adds beer in the evenings, and also sells prepared meals in an adjacent space. She recently took a 6-week long business training course from TechnoServe, which included instruction on how to access M-Pawa, a new Vodaphone mobile savings platform. This should allow her to gain better control of her income and invest in her business.

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