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CGD in the News
May 05, 2022
Developing countries are worried the Fed waited too long to begin its anti-inflationary campaign and will be forced to raise rates so aggressively it causes a hard landing that hurts the United States and developing countries alike. “They would have been much better off if the Fed would have reacted...
CGD in the News
January 20, 2022
Global development experts told Devex the administration has backed up its early promises by setting the right priorities in office, but they also warned that Biden’s team has a short window remaining to translate those priorities into meaningful action. Some also questioned the extent to which key ...
CGD in the News
November 05, 2021
USAID has also been criticized for wasting billions of dollars in funds. It was tasked with nation-building in Afghanistan after Sept. 11 for example, setting up schools and health care facilities, but much of the money went into the pockets of corrupt officials and many of the projec...
CGD in the News
July 29, 2021
It was an inauguration like no other in Peru’s recent history. Pedro Castillo, the new left-wing president, took office on July 28th following the narrowest of electoral victories in a bitterly divided country. But he delayed naming his cabinet until the following days, leaving Peru temporarily...