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Blog Post
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
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...
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...
WORKING PAPERS
March 28, 2024
Migration research takes place within a rapidly evolving, contested, and polarized space. It is difficult for researchers who are seeking to influence policymaking on migration to communicate their research, and see their findings translated into action. Arguably, one reason for this lack of transla...
Blog Post
March 28, 2024
Researchers who want to influence migration policy often struggle to communicate their research and see their findings translated into action. One potential reason is that many researchers ignore the outsized role of the public. Based on a new CGD Working Paper, this blog explores four key questions...
Blog Post
March 27, 2024
After an almost two-year lull, sub-Saharan African issuers are clawing their way back into international markets. In close succession, Côte d’Ivoire, Benin, and Kenya issued $4.85 billion worth of Eurobonds in the first quarter of 2024. The bond offerings were as much as six times oversubscribed, in...
Blog Post
March 27, 2024
Today marks a significant milestone as the Bill & Melinda Gates Foundation (BMGF) announces a new Open Access policy, representing a departure from traditional practices. This policy will cease support for individual article publishing fees, known as APCs, and mandate the use of preprints while advo...
CGD NOTES
March 26, 2024
This note further unpacks why research publishing reform should be a global priority using the Importance-Tractability-Neglectedness (ITN) framework—a framework that estimates the value of allocating marginal resources to solving a problem, considering its significance, feasibility for intervention,...