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Blog Post
December 18, 2020
This blog proposes some critical steps—many of which are long overdue—that international financial institutions (IFIs) and multilateral development banks (MDBs) must take if their money is to work more effectively to support African countries recover from the pandemic’s fallout.
Blog Post
December 17, 2020
Last week, DFC held its fourth and final board meeting concluding its first year in operation. DFC approved close to $8 billion in 2020, a significant rise from OPIC annual program which stood at $3-4 billion in recent years. This year the institution also deployed its new equity instrument to...
Blog Post
December 17, 2020
It’s also become increasingly clear that while regional compacts represent an important new tool in MCC’s toolbox, they’re likely to remain a limited part of the agency’s overall portfolio, in large part because of MCC’s country eligibility requirements. This blog outlines the limitations and poses ...
Blog Post
December 14, 2020
Tobacco taxes are a highly effective instrument to reduce the consumption of tobacco, discourage new young smokers, raise government revenue, and help reduce the social and economic costs of tobacco products consumption, estimated at 8 million premature deaths per year and costing 1.8 percent of glo...
Blog Post
December 09, 2020
On December 15, the Millennium Challenge Corporation’s board of directors will hold its annual country selection meeting (the last of the Trump administration), identifying which countries will be made newly eligible for the agency’s funding. Every year CGD’s US Development Policy team highlights ke...
Blog Post
December 03, 2020
When President-Elect Biden takes office in January, he will face a daunting set of challenges in the US wrought by the COVID-19 pandemic. His administration’s core agenda will necessarily be shaped by the twin imperatives of containing the virus itself and supporting Americans as they weather the ec...