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Blog Post
December 09, 2013
Development is a risky, complex business. So it’s not surprising that development experts sometimes question why private investors would choose to invest in Development Impact Bonds (DIBs), a new model for funding and designing programs that address such seemingly unprofitable proble...
Blog Post
October 21, 2013
Over the last few months, in the context of my new affiliation with CGD, I’ve been making a transition from “Forestry World” — which I inhabited for six years at the Center for International Forestry Research in Indonesia — to “Development Finance World,” he...
REPORTS
October 07, 2013
This report explains how Development Impact Bonds (DIBs) can increase the efficiency and effectiveness of development funding. Based on Social Impact Bonds in industrialized countries, a DIB creates a contract between private investors and donors or governments who have agreed upon a shared developm...
WORKING PAPERS
September 25, 2013
A common objection to results-based programs is that they are somehow more vulnerable to corruption. This paper explains why results-based approaches to foreign aid may be less vulnerable to corruption than traditional approaches which track inputs and activities. The paper highlights corruption cos...