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Blog Post
November 02, 2023
International finance is under considerable pressure: originally prioritized toward economic growth in poorer countries, it is now meant to deliver broad-based sustainable development including global public goods such as climate and pandemic response—to say nothing of refugee hosting costs. In a fu...
WORKING PAPERS
November 02, 2023
There is a non-trivial chance that ODA for non-humanitarian and climate finance will fall in absolute terms over the coming years and that aid will become increasingly focused on richer countries. The most promising strategy for bilateral ODA flows may be to increase the generosity of traditional do...
Blog Post
September 21, 2023
The likelihood of capital increase for the World Bank’s non-concessional lending arm, the IBRD, appears to be climbing. At least an odd European government appears to be doing some preparatory work for it. But any negotiations around a capital increase may be complex. Large shareholders and borrowe...
Blog Post
August 30, 2023
UN Secretary General Antonio Guterres prefaces the new UN report on the status of the Sustainable Development Goals (SDGs) at their midpoint with some despairing language. “Progress on more than 50 per cent of targets of the SDGs is weak and insufficient; on 30 per cent, it has stalled or gone into ...
Blog Post
March 20, 2023
In the next few weeks, the OECD will release its estimate of ODA—Official Development Assistance—provided by member countries, and will no doubt claim yet another record high. But this inflated measure has lost its credibility, in large part because its definition is governed solely by ODA-providing...
Blog Post
February 13, 2023
Official Development Assistance (ODA) isn’t what it used to be: each aid dollar is worth a lot less in terms of development outcomes. In large part that’s because the Development Assistance Committee (DAC), the donor club within the Organisation for Economic Co-operation and Development (OECD) that ...
Blog Post
December 12, 2022
What’s to love about the Effective Altruism movement (beyond the fact that it is a bunch of people who are committed to working to make things better for others) is that it thinks about everybody worldwide equally when looking for problems to solve. What’s to love a little less is that, when it come...
Blog Post
October 05, 2022
It is surely an urgent moment for multilateral support from the IMF and World Bank. And yet, the institutions’ financial statements suggest that support is declining. Figuring out why and what to do about it should be priority one at the upcoming World Bank-IMF annual meetings.
Blog Post
September 23, 2022
Once you’ve looked at policy as a source of societal progress and regress, especially over the long term, it is hard to look at anything else. As a result, I hope ever-more people in the EA community in town this week decide to work in government, or work on making government work better.
Blog Post
August 25, 2022
The existing MCC income cutoff is based on the robust principle that the best buys in global development are concentrated in the world’s poorest countries. (Indeed, when the Corporation started, it only worked in low-income countries for that reason). There is a declining marginal utility of a dolla...