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CGD NOTES
May 15, 2023
The ability of the World Bank to strike an appropriate balance between country demands and global goods depends on the institution’s shareholders. Yet, the deterioration in the bilateral relationship between the United States and China now threatens to undermine effective governance at the instituti...
Blog Post
May 12, 2023
In this blog post, we examine the rise of several of today’s big military spenders. These risers were not in the top ten spenders in 1990, but high rates of economic growth allowed them to allocate more dollars to the military, displacing countries higher in the list, including G7 nations.
Blog Post
May 09, 2023
The climate-migration nexus is complex. Migration is not monocausal, and climate shocks are not the most important factors affecting movement: networks, education, resources, and other considerations all play a role in determining how people make migration choices. Complexity, however, is not a just...
POLICY PAPERS
May 09, 2023
Climate change has major ramifications for migration at every level. While most migration affected by climate change will be internal, the international system is unprepared and inadequate for the needs that will arise. Migration can be a valuable tool for adaptation, but action is needed if its po...
WORKING PAPERS
May 04, 2023
Many public policies create (perceived) winners and losers, but there is little evidence on whether redistribution can support new political economy equilibria that raise aggregate welfare. We study a Ugandan policy that redistributes 30 percent of foreign aid for refugees to Ugandans while allowing...
Blog Post
May 04, 2023
Last week, the World Bank published the 2023 edition of its World Development Report (WDR), with a focus on “Migrants, Refugees, and Societies.” The report provides a sweeping overview of the issues facing migrants, refugees, and countries of origin, transit, and destination, encapsulating it all in...
Blog Post
May 04, 2023
The United States’ Trade Adjustment Assistance program is a federal policy in this vein that supports workers displaced by trade, but it’s small and not enough for a political consensus on free trade. Related proposals have been made on issues like immigration and infrastructure (e.g. minute 53 here...
Blog Post
April 21, 2023
In our recent paper forecasting global economic outcomes in 2050, we compared our estimates to the five shared socioeconomic pathways developed in 2018–scenarios used as part of climate change forecasting exercises by the IPCC. But these were far from the first global economic forecasts to reach 205...
Blog Post
April 13, 2023
Debt suspension clauses (DSCs) are having their moment in the international policy arena spotlight. Also known as “pause clauses” or climate-resilient debt clauses, DSCs are mechanisms that allow a country to temporarily suspend debt repayments for a pre-agreed period (generally 1-2 years) if a nat...