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Blog Post
March 28, 2024
For those of us who have long been pressing for more access to data from the Global Emerging Markets (GEMs) Risk Database (here and here), the publication this week of a report on MDB loan recovery statistics is welcome validation of the market-building importance of these data and an important step...
Blog Post
March 14, 2024
Since its inception, DFC has demonstrated its capacity to rapidly increase its investment volume, making use of a higher portfolio cap. Its annual commitments have doubled over the past four years. But the agency has been subject to criticism (including from some at CGD) for insufficiently prioritiz...
Blog Post
March 11, 2024
The African Development Bank has been a prime mover in advancing a new form of capital for the multilateral development banks, called hybrid capital. If there is another item on the MDB reform agenda that is more of a win-win proposition than hybrid capital, we are not aware of it.
Blog Post
February 19, 2024
One of the few silver linings from Brexit for the UK has been the increase in non-EU migration. But this has led to renewed concerns about a “brain drain”, the notion that the exodus of skilled workers from poorer countries will leave them unable to meet their own development goals. Yet these concer...
Blog Post
February 09, 2024
It is most likely true that by 2030 most of the world’s extreme poor (by current standards) will live in fragile states, and this will be accompanied by most of the world’s children who die young, usually of preventable causes. But it won’t be most of the world’s poor, according to more expansive de...
Blog Post
February 05, 2024
It’s no surprise that books used in schools in many countries have gender biases. But in a new CGD working paper we document exactly how much and what kind of bias exists across over 1,200 books from 34 anglophone countries. This includes high-income countries such as the US, UK, and Australia, and ...
Blog Post
February 01, 2024
As the urgency and scale of development and climate challenges become more obvious and alarming, we have seen a surge in interest in how multilateral development banks (MDBs) can help low- and middle-income countries meet these challenges. Much of that focus has been on the volume of their finance, ...