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WORKING PAPERS
January 11, 2024
Localization is usually the wrong answer to legitimate data policy issues. As a result, data transfer restrictions wind up imposing unnecessary costs on providers, such as banks, which effectively serves as a tax which is either passed along to the poor or, even worse, makes it uneconomical for firm...
CGD NOTES
December 06, 2023
Marginal abatement cost curves, which suggest the cheapest approaches to reducing carbon emissions, are out of favor in international climate finance discussions because they are not good tools to use when thinking about systemic and urgent change. On the other hand, international financing studies ...
SPEECHES
November 02, 2023
On October 30, 2023, CGD senior fellow Charles Kenny delivered remarks at the Oxford Martin School, where he is a visiting fellow. His speech, “The future of global development and implications for aid,” focused on global economic change and its impact on the development prospects of low- and middle...
CGD NOTES
May 03, 2023
The productivity drought and the unending search for GDP growth by high- and middle-income countries has drawn attention to the flagging vigor of large incumbent corporations and the need to groom a crop of "unicorns"—highly valued, entrepreneurial, superstar firms can potentially dial up competitio...
WORKING PAPERS
April 26, 2023
This paper finds that shareholders of highly leveraged firms benefit relatively less compared to bondholders from the corporate quantitative easing (QE) announcements by the European Central Bank and the Bank of England in March 2020, as evidence of debt overhang. Firms more heavily impacted by the ...
REPORTS
March 29, 2023
The Handbook for Space Capability Development is an inclusive, pragmatic, and open-access resource focused on “foundational space capability” development. Its intended audience is the planner or planning team charged with drafting a national space strategy and building a national space program. Amon...
WORKING PAPERS
March 03, 2023
This paper examines the impact of the COVID-19 crisis on the reallocation of economic activity across firms, and whether this reallocation depends on the competition environment. The paper uses the World Bank’s Enterprise Surveys COVID-19 Follow-up Surveys for about 8,000 firms, including both small...
POLICY PAPERS
February 10, 2023
Bangladesh’s Primary Education Stipend Program provides stipends for 13 million primary schoolchildren to 10 million mothers. In 2017 the method of payment changed from cash to mobile money. This study considers the experience of the mothers with the shift to mobile money, and to the change in payme...
POLICY PAPERS
January 19, 2023
This study surveys Kenya's electronic payment system for social benefits, Inua Jamii, from the perspective of recipients, including their views on convenience and the benefits from competition. It also considers whether these digital G2P payments programs have increased financial inclusion more gene...