For all that investment is far from all we need, we will still need a massive amount of it if we are to meet global targets on sustainable development. Low and zero-carbon power plants; expanded electricity, water and sanitation networks; universal health and education systems—none come cheap. Estim...

DFC has been the subject of a growing list of proposals from lawmakers that envision the agency tackling a wider range of challenges than initially envisioned. The agency may find ways to leverage this heightened interest. However, delivering on the bipartisan, foundational vision for DFC amid evolv...

The MCC is particular about which countries it supports. Among the requirements, Ukraine passes the agency’s (important and legitimate) hurdle that it only works in the world’s low- and lower-middle-income countries. It also passes a lot of other tests the MCC lays out for support, based on a scorec...

But to the extent the overall foreign assistance system is poorly managed to deliver, it is worth looking at who bears responsibility for those failures. The answer, surely, is the institutions implementing the programs—the ones who buy the goods and services ultimately purchased with US funding. It...

In this piece, we explore how training combined with mobility could play a big role in creating the required skills needed— and we offer recommendations to policymakers to pursue this two-pronged plan.

This blog post argues that higher health spending is unlikely to be sustained because of the pandemic’s adverse impact on revenues, other spending pressures, and the resulting deteriorating fiscal position of LLMICs. This suggests that countries will need to undertake policy actions to create additi...

It’s Davos week, so I just checked… and I qualify for writing a global “we are the 99 percent” blog! Indeed, my household is actually all the way toward the bottom end of the 99th income percentile worldwide (the lower cutoff is around $200,000 for a family of four). So, what do I think the 1 percen...