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Blog Post
September 29, 2021
Today’s release of a new dataset of over 13,000 Chinese-financed projects in developing countries marks a major contribution to our understanding of China’s role as a lender to the developing world, as well as the ways in which these projects are increasingly structured to avoid accou...
CGD NOTES
September 20, 2021
Based on UN projections from the period 2015 to 2050, Rebekah Smith and Farah Hani have calculated that prime working-age populations of OECD countries will shrink by more than 92 million people while there will be nearly 1.4 billion new working-age people in developing countries. This note updates ...
Blog Post
August 26, 2021
Our series on the big challenges and opportunities for developing countries over the next couple of decades has so far largely focused on specific sectors: agriculture, health and finance. The fourth took a different tack, considering instead what we should—and should not—learn from the most dramati...
POLICY PAPERS
August 11, 2021
The Online Survey of Micro- and Small-Enterprises is a continuing effort to gain a better understanding of China’s micro- and small- enterprises and self-employed businesses by conducting quarterly surveys. The key findings of the first quarter 2021 survey are as follows.
Blog Post
July 19, 2021
The G7 countries pledged a massive scale-up in support of developing-country financing at their recent summit in the UK. How it will be financed remains an open question. But analyzing trends in recent debt flows by lenders to developing countries, and taking stock of the Debt Service Suspension Ini...
Blog Post
June 30, 2021
If B3W is to be the better Belt and Road, it will have to embrace the role of government in infrastructure provision and ensure private sector infrastructure projects are designed and run in the public interest. Otherwise, and despite the denials-, low- and middle-income countries would be right to ...
TESTIMONY
May 18, 2021
On May 18, 2021, CGD Senior Fellow Scott Morris testified before the House Committee on Financial Services Subcommittee on National Security, International Development and Monetary Policy at a hearing titled “Examining Belt and Road: The Lending Practices of the People’s Republic of China and Impact...
CGD NOTES
May 18, 2021
Innovation is known to be important for productivity and economic growth, while intellectual property rights are, in conventional economics models, thought to spur innovation. Yet China, which averaged over 6 percent annual economic growth for three decades and is often cited as a “growth miracle,” ...
Blog Post
March 31, 2021
Is Chinese financing good for developing countries? Taking stock of China’s lending activities has long been hindered by the lack of publicly available data on dimensions like loan volumes and interest rates, let alone more esoteric features like loan collateral or default contingencies. A path...