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WORKING PAPERS
April 04, 2024
Star firms, defined as the top 10 percentile of firms in the world in terms of return on invested capital, are more likely to occur in high-income countries and manufacturing industry, but there is an increasing share of star firms from middle-income countries and the services sector. Star firms hav...
Blog Post
April 04, 2024
A large academic and policy debate has focused on the increase in market concentration over the past few decades which has given rise to “star firms,” a small set of firms that generate abnormal returns for their investors. A common concern is that these firms exert excess market power and behave as...
CGD NOTES
March 28, 2024
Over the past two decades, China has become a distinctive and increasingly important donor of development assistance for health (DAH). However, little is known about what factors influence China’s priority-setting for DAH. In this study, we provide an updated analysis of trends in the priorities of ...
Blog Post
February 26, 2024
As policymakers and financiers set their priorities for 2024, we gathered a group of experts who've been working on pandemics and pandemic financing from a range of perspectives including epidemiology, economics, insurance, policy, and advocacy. The purpose of our event was to map out the next steps...
Blog Post
December 06, 2023
Men are the majority customers in bank lending portfolios throughout the world. The gender gap in access to credit is larger in developing countries and especially onerous for women entrepreneurs who suffered disproportionate employment and income losses during the recent COVID pandemic. What drives...
Blog Post
November 15, 2023
During the COVID-19 pandemic, whole genomic sequencing (WGS)-based surveillance played a key role in identifying variants of concern, investigating their spread and transmissibility, and facilitating the design and optimization of medical countermeasures, including diagnostic tools and vaccines. How...
Blog Post
November 09, 2023
There are so many studies regarding so many aspects of development economics that it can be difficult to keep up. Last week was the North East Universities Development Consortium annual conference, often called NEUDC. Researchers presented more than 130 papers across a wide range of topics, from agr...
Blog Post
October 23, 2023
In times of mounting debt, the quest for universal health coverage (UHC) faces critical challenges. Rising debt has far-reaching effects, including reduced access to financing, political instability, and decreased spending on international aid. The burden of debt, coupled with high inflation, is thr...
Blog Post
October 05, 2023
A year ago, the International Monetary Fund (IMF) announced that an alarming 60 percent of developing countries and 25 percent of emerging market economies were either in debt distress or at severe risk of default. The confluence of severe shocks in the period 2020-22, starting with the COVID-19 pan...