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Blog Post
May 22, 2023
This week, the African Development Bank (AfDB) will hold its annual meeting in Sharm El Sheikh, Egypt. This is the right moment for its shareholders and other donors to commit to allocating some of their excess Special Drawing Rights (SDRs) to the hybrid capital fund that the AfDB has proposed to ...
Blog Post
April 20, 2022
Recently, the OECD’s Development Assistance Committee (DAC) published the annual statistics summarizing how much foreign aid its 30 member states, including Austria, provided in 2021, loudly trumpeting the all time high levels of ODA achieved. It’s a good time to reflect on the uncomfortable tension...
Blog Post
October 29, 2021
The UK government has announced that it anticipates a return to spending 0.7 percent of gross national income (GNI) on official development assistance (ODA) in three years’ time. It is confident enough in this that the just-published Spending Review, which sets departmental budgets up to the 2024/25...
Blog Post
April 26, 2018
CGD and Brookings recently co-hosted Former Finance Minister of Nigeria and Distinguished Fellow Ngozi Okonjo-Iweala to discuss her new book, Fighting Corruption is Dangerous: The Story Behind the Headlines. The book is part memoir, part how-to, as she draws on her years of exper...
Blog Post
February 12, 2018
An increasingly common justification for European development assistance to Africa is the notion that it will reduce migration from the South. While this sounds intuitive and makes for an appealing argument, the research shows that it is highly unlikely. As communities become less poor, more pe...