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Blog Post
September 14, 2022
In March, the World Bank estimated that a dozen developing countries could default on their debt over the next 12 months. The warning signs are everywhere. Investors have pulled $50 billion from emerging-market bond funds this year, and the debt of nearly one-third of these countries is trading at d...
Blog Post
September 01, 2022
Later this month world, leaders will gather at the United Nations headquarters in New York to discuss how to fix education. Even without big money or binding treaties, delegates can advance important reforms with clear, concrete ideas for action. Here are five big questions we think they need to ans...
Blog Post
August 26, 2022
It’s precisely four years since Sierra Leone kicked off one of the most ambitious schooling expansions on record. Today, fee-free and ‘Radical Inclusion’ policies support marginalized groups, including pregnant girls and the poorest children, to participate in school. But could high stakes exams be ...
Blog Post
August 11, 2022
Ahead of COP27, which will take place in Egypt in November 2022, CGD hosted an event that aimed to identify the challenges of mobilizing private finance for climate action in Africa as well as the opportunities and policies needed to overcome them. From the rich discussions, we have summarized a ran...
Blog Post
July 20, 2022
Policy-based guarantees (PBGs) have long been a multilateral development bank (MDB) instrument in search of a purpose. PBGs—a credit enhancement for sovereign market borrowing—have been around for decades but their uptake has been limited. In most instances, they have proven remarkably effective in ...
Blog Post
July 05, 2022
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...