Finance

More from the Series

Blog Post

Skinny Budget Skinny on Details

March 21, 2017
The Trump Administration’s skinny budget is a bit of a public relations exercise in trying to have it both ways on the 150 Account, as observed by our colleague Scott Morris. We’re going to cut dramatically to “prioritize” Americans, but wait, it’s r...
Blog Post

Defending Development in a Time of Cuts—My Conversation with UNDP’s Helen Clark

March 20, 2017
On the day the Trump Administration proposed considerable cuts to the US international affairs budget, including US funding for the UN, CGD hosted the outgoing head of the UN’s largest agency, UNDP Administrator Helen Clark. As she prepares to step down after eight years in the post, she will ...
Blog Post

The Trump Administration Budget Wants to Shut Down OPIC. Instead, Super-Size It.

March 16, 2017
The budget just released zeroes out the Overseas Private Investment Corporation, the nation’s development finance institution. In an era where many government agencies are under threat, it may not be surprising that OPIC would come under fire. Yet, none of the arguments often used to justify k...
Blog Post

Does the US Interest Rate Rise Mean Trouble for Emerging Markets? Depends on Your Timeframe

March 16, 2017
The rate is still very low at 0.75% in the US, and, in addition, there is no perception or expectation that rates are about to rise in other advanced economies such as Japan or the EU. Taken together then, interest rates in advanced economies look set to stay extremely low. So, for now at least, eme...