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Blog Post
April 10, 2024
The UK Government has committed to producing a strategy on how the UK will support local leadership on development, climate, nature and humanitarian action; and its Foreign, Commonwealth and Development Office has endorsed a Donor Statement on Supporting Locally Led Development. Lisa Nandy, Labour’s...
Blog Post
November 22, 2023
Under the Indian Presidency, the G20 tasked N.K. Singh and Larry Summers to convene an independent expert group (IEG) to recommend how to strengthen multilateral development banks and address the shared global challenges of the 21st century (disclosure: we were both part of the Secretariat supportin...
CGD NOTES
October 13, 2023
A world on fire requires the multilateral development banks to be at center stage in creating an effective response and bringing diverse actors to support a shared agenda of transformative development. MDBs have a distinctive comparative advantage in playing a catalytic role in fostering government ...
Blog Post
September 13, 2023
For 20 years, the Commitment to Development Index has assessed countries' policies and the level of effort they go to in order to contribute to international development. Because development depends on much more than foreign aid, the Index looks at countries’ performance across eight different polic...
BRIEFS
September 13, 2023
The Commitment to Development Index (CDI) ranks 40 of the world’s most powerful countries on policies that affect global development. In an increasingly interconnected world, decisions made by the richest countries have impacts far beyond their borders, and often disproportionately affect the world’...
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
February 22, 2023
Whilst the war instigated by Russia, and rising competitions with China, could suggest a return to a cold-war-esque bipolar world, the spread of economic growth and prosperity mean the economic and financial influence is much-wider spread. The “emerging” economies are significantly stepping up thei...
Blog Post
July 15, 2022
When G20 Finance Ministers meet this weekend in Bali, their meeting will likely be no more harmonious than their Foreign Minister counterparts managed ten days ago. But the world – and developing countries in particular – deserve better. The reality for the world’s poorest countries is getting bleak...
Blog Post
January 18, 2022
When the pandemic first struck, dealing with excessive debt and debt service burdens of developing countries figured prominently on the international response agenda. The G20 produced the Debt Service Suspension Initiative (DSSI)—a program to defer official debt service due by mostly low-income coun...