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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
December 17, 2021
It’s well known that children in low- and middle-income countries are not learning enough, with half of children unable to read and understand a simple text by age 10. So, what can we do to change things?
There’s a growing body of evidence about approaches that have successfully improved learning...
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...