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Blog Post
April 23, 2024
The ongoing global demographic transition is massive in scale and likely impact. For most of the past 200 years, the vast majority of the world’s countries have seen population growth, particularly working-age population growth. As they’ve gone through the "demographic transition" toward lower birth...
Blog Post
March 22, 2024
On Thursday, I delivered testimony before the House Oversight and Accountability Subcommittee on National Security, the Border, and Foreign Affairs at a hearing titled “Accountable Assistance: Reviewing Controls to Prevent Mismanagement of Foreign Aid.” I argued that the financial flow of assistanc...
Blog Post
March 05, 2024
Last week, CGD and ACET (The African Center for Economic Transformation) co-hosted an event on rules that limit the cross-border transfer of digital data. The basis for the discussion was David Medine’s recent paper for CGD “Data Localization: A Tax on the Poor,” and the group involved experts and p...
Blog Post
February 21, 2024
So: how do donor governments actually use their subsidies to the private sector to support mitigation and development projects around the world? The process usually starts with a private company (the project sponsor) asking a development finance institution (DFI) like the World Bank Group’s Internat...
Blog Post
February 20, 2024
There is some good news on global climate change. The International Energy Agency suggests we are “at the beginning of the end” of the fossil fuel era, with ‘peak fossil’ likely this decade. And the consensus amongst climate modelers appears to be that the worse scenarios historically used by the IP...
Blog Post
February 20, 2024
In a new note, I suggest there’s little evidence that aid (official development assistance, or ODA) spent on climate mitigation is actually reducing emissions. That’s not to say the finance is wasted: much will have been spent on projects with considerable development impact and some, surely, reduce...
Blog Post
February 08, 2024
What’s the best way for a think tank fellow to demonstrate they’re washed up? Say there’s no need for new policy. And yet…
This year, donors will negotiate the replenishment of the World Bank’s soft lending arm, IDA. World Bank president Ajay Banga wants to the replenishment amount to be the bigges...
Blog Post
February 06, 2024
The World Bank’s Independent Evaluation Group has just issued a “Focused Assessment” of the IDA Private Sector Window, looking at the PSW’s first five years of operation. The PSW, launched in 2018, uses $5.6 billion of World Bank IDA financing to subsidize IFC and MIGA investments in the private sec...
Blog Post
January 11, 2024
More than 60 countries have data localization measures in place that restrict or prohibit the flow of certain types of data across their borders to other jurisdictions. A new CGD working paper by David Medine makes clear that these restrictions may have their greatest impact on smaller economies inc...