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Blog Post
April 18, 2024
Achieving the UN Sustainable Development Goals (SDGs) and addressing global challenges will require a step change in private investment in emerging markets and developing economies (EMDEs). Only a small fraction of the trillions in private assets under management are currently directed to EMDEs.
CGD NOTES
April 11, 2024
The pace of MDB reforms remains inadequate to have a material impact on sustainable development. Our assessment is buttressed by the results of a survey of international experts, who remain skeptical that there is enough momentum to implement sufficiently deep reforms across key areas.
We have id...
Blog Post
April 11, 2024
There are currently two prevailing methodologies for calculating PCM—the MDB approach and the OECD approach. Both approaches have developed over time and contributed significantly to better understanding of the ways in which private capital is mobilised for development. However, they have key defici...
Blog Post
April 05, 2024
As the Center for Global Development’s inaugural Evidence in Policy Fellow, I just finished an extended engagement to help increase data and evidence use in the State Department’s Office of Foreign Assistance. While at State, I spent much of my time leading and participating in the work of the inter...
WORKING PAPERS
April 02, 2024
Starting in 2001, duty-free access to U.S. markets under the African Growth and Opportunity Act (AGOA) led to a brief boom in African manufacturing exports, particularly apparel, which then fizzled in the face of unfettered Chinese competition after 2005. The looming expiration of AGOA—and eroding C...
Blog Post
April 02, 2024
On July 9 and 10, the World Bank and the Center for Global Development will co-host the Annual Bank Conference on Development Economics (ABCDE). On the first day, the conference will aim to bring coherence to development policy debates by bringing together the world’s top economic minds to focus on ...
Blog Post
April 02, 2024
“Trade not aid” is a slogan that appeals to certain instincts on both the left and right. The idea being that rich countries can do more for economic development in poor countries by granting them market access than by sending charity. But will market access really stimulate economic growth in laggi...
Blog Post
March 29, 2024
The US foreign assistance data for FY 2022 is nearly complete, except for some missing Department of Defense, Homeland Security, and Transportation data, and the data reveals some interesting trends. First, FY 2022 did not break the historical record of total obligations, but it came closer than any...
Blog Post
March 28, 2024
For those of us who have long been pressing for more access to data from the Global Emerging Markets (GEMs) Risk Database (here and here), the publication this week of a report on MDB loan recovery statistics is welcome validation of the market-building importance of these data and an important step...