In timely and incisive analysis, our experts parse the latest development issues and events, providing practical solutions to new and emerging challenges.
International institutions, development agencies, and the global development community must step up to assist the growing financial and humanitarian crisis. CGD experts advise.
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...
As developing countries recover from the pandemic, they will need to bring their public finances to a more sustainable position by streamlining public spending and strengthening the revenue base. The need to mobilize additional resources has been exacerbated by the recent economic turmoil triggered ...
The Millennium Challenge Corporation (MCC) has earned a reputation for its strong focus on results, which informs everything from country selection to the robust evaluation of project impacts. One of the bedrocks of MCC’s results orientation is its requirement that its projects achieve high economic...
The war in Ukraine is likely to have a profound impact on budget allocations, at least in developed countries. Pressures to raise military spending have intensified. Given the economic climate, other spending is likely to come under pressure.
Aid alone will not resolve the humanitarian crisis in Afghanistan. Without a functioning financial system, many Afghans will remain unable to buy essential goods, including food and medicine. Humanitarian actors seeking to relieve the effects of these shortages will struggle to move money into and w...
CGD's Sarah Rose speaks with John Norris of the Gates Foundation and Wade Warren of Deloitte Consulting about Norris's new book on USAID, including USAID’s internal balancing act between development and geostrategic mandates, structural vs. sectoral initiatives, and the challenges USAID will face in...
The Biden-Harris administration has made addressing the “root causes” of irregular migration from El Salvador, Guatemala, and Honduras a top policy priority. Its first budget request included $861 million for the region, a level nearly triple previous commitments. Though Congress hasn’t yet finalize...