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.
The Sustainable Development Goals commit the world to ending extreme poverty by 2030. More cautiously, the World Bank’s twin goals suggest it can help reduce extreme poverty to 3 percent by 2030. Neither goal can be accomplished unless the extreme poverty line is (finally) fixed rather than constant...
Forecasts of the future shape of the global economy, if they are at least somewhat accurate, can help planning and policy discussions in areas from global governance through business expansion plans. At the same time, this relies on forecasts in fact being somewhat accurate, and it’s a cliché that p...
Last week, the Biden administration nominated Ajay Banga, former head of Mastercard, as a candidate to be the next World Bank president. I welcome President Biden’s choice, because Banga is an exciting and well-qualified candidate. As with any nominee, I hope the Bank’s shareholders will consider hi...
I’m writing the links from my in-laws’ place in Northumberland this week. There are many joys of being out here: having a woods just behind the house to take my son for a walk in, good food and beaches and most of all, the wildlife. Previous visits have been enlivened by pine martens, weasels and he...
The COVID-19 pandemic led to a deep global recession as the virus rapidly spread and governments restricted movements. The economic shock was compounded by widespread uncertainty among businesses and concerns about the risks of increasing financial sector distress limiting access to credit.
Next week, a once-in-a-decade UN conference will meet to address the challenges facing Least Developed Countries (LDCs). It will plan delivery of the Doha Programme of Action (PoA), and review implementation of the Istanbul PoA. As part of this, attention should be given to a set of lesser-known UN ...
Since taking office, the Biden-Harris administration has introduced and started to implement a suite of new policies and strategies to advance global gender equality and ensure the enabling conditions for women to exercise voice and agency in their homes, workplaces, communities, and public life.