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Blog Post
July 27, 2023
At the G20 Finance Ministerial in India on July 17th, World Bank President Ajay Banga announced a new portfolio guarantee program with impressive leverage—$5 billion of donor guarantees that could generate $30 billion in lending over 10 years. This announcement was part of a package of new financial...
Blog Post
July 27, 2023
Stephanie von Friedeburg of Citi and formerly the International Finance Corporation joins CGD’s Karen Mathiasen and Clemence Landers for a conversation on how to balance risk and impact in investment, why blended finance needs a rethink, and what mechanisms offer the most promising solutions to the ...
Blog Post
July 14, 2023
It’s rare to read an education report that doesn’t mention the learning crisis. As data on low learning levels have emerged in recent years, global education aid has swung its focus sharply toward improving test scores among primary school children. Of course, learning to read is a good thing in its...
Blog Post
July 03, 2023
The global debate around high-stakes exams is strongly influenced by research from high-income countries. That research emphasises who gets sorted into the “best” schools. An alternative perspective that hasn’t received enough attention takes exams as artificial bottlenecks that prevent many childre...
Blog Post
July 03, 2023
UNESCO tells us that only one in seven low- and middle-income countries knows how much learning has been lost due to COVID school closures. Where there has been no measurement, simulations of learning loss are beginning to take the place of empirical facts. Yet countries examine millions of kids eac...
Blog Post
June 20, 2023
This is the third of our biennial updates on global education aid finance. In these posts we examine aid data from the OECD, analysing how much aid is going to education, where it is allocated, by who, and through what channels. The latest available data, which we use for this analysis, is from 2021...
Blog Post
June 14, 2023
As new World Bank President Ajay Banga settles into 1818 H Street, he will face a sharply divided group of shareholders on the mandate of the Bank, as evidenced by the contentious debate over its role on climate and other global public goods (GPGs). Most shareholders have weighed into this debate,...