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Blog Post
October 11, 2023
Budget support offers direct financing to a country’s treasury to create more “fiscal space” for public programs. It has constituted some 14 percent of ODA on average, increasing to over 20 percent in times of crisis. No aid modality is more controversial. Critics argue that, without earmarking fund...
Blog Post
June 14, 2022
CGD's Megan O'Donnell speaks with coauthors Patience Marime-Ball (Women of the World Endowment) and Ruth Shaber (Tara Health Foundation) about the data backing the economic benefits of gender inclusivity, the work that went into creating their new book, and their recommendations for unlocking higher...
Blog Post
March 14, 2022
When sudden shocks like the COVID-19 pandemic cripple an economy’s ability to rapidly raise revenue and reallocate limited resources, multilateral development banks (MDBs) can lead the crisis response. MDBs provide a range of instruments that support countries in different ways and at different peri...