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Blog Post
April 20, 2022
In 2021, Ghana announced a plan to issue sovereign bonds of up to $2 billion, with proceeds due partially to fund a free secondary school program. Just months later, Ghana’s rising debt burden means this is no longer feasible. Can developing countries tap the social bond market in order to fund publ...
Blog Post
January 31, 2022
This month marks the one-year anniversary of CGD’s COVID-19 Gender and Development Initiative. Through the initiative, my colleagues have produced research, convened dialogues, and developed evidence-based policy proposals, all aimed at contributing to a more inclusive global recovery from the COVID...
Blog Post
January 18, 2022
When the pandemic first struck, dealing with excessive debt and debt service burdens of developing countries figured prominently on the international response agenda. The G20 produced the Debt Service Suspension Initiative (DSSI)—a program to defer official debt service due by mostly low-income coun...
Blog Post
December 10, 2021
In 2021, the ongoing grip of COVID-19 served as a stark reminder of the fragility of our progress in fighting poverty and COP26 highlighted the need for richer countries to provide substantial funding to meet global challenges. As the twin crises of a global pandemic and climate change threaten to l...
Blog Post
December 06, 2021
The use of foreign aid to support poor countries with inadequate implementation capacity and weak regulatory institutions has at times, been described as “pouring money into a leaky bucket.” Given that there is seldom a quick fix for inadequate state capacity, aid programs can employ internal contro...
Blog Post
November 23, 2021
CGD's Masood Ahmed speaks with Sida's Carin Jämtin and MCC's Alexia Latortue about their takeaways from the 2021 Development Leaders Conference, including the tensions between national and global challenges, how development agency leaders can address them, and what these decisions might mean for age...