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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
“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...
POLICY PAPERS
March 21, 2024
Already constrained by the economic aftershocks of COVID-19, the impact of the war in Ukraine, and the food and climate crisis, low-income countries and lower-middle-income countries now face a combination of soaring debt and high interest rates. Confronted with insufficient liquidity to respond to ...
CGD NOTES
December 06, 2023
This note argues that the United Kingdom (UK), working within old and new coalitions, should take a more strategic approach to the aims and funding of a leading cluster of major multilateral funding institutions. It sets out the UK’s role within multilaterals, the key reform issues and how to treat ...
Blog Post
May 22, 2023
The recent Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF) shone a light on the enormous and enlarging gulf between developing countries’ needs and what high-income countries are currently offering. Already constrained by the economic aftershocks of COVID-19, low- an...
Blog Post
March 07, 2023
Here, we look at five lessons which can be drawn from this experience for the UK and other donors for providing aid in fragile contexts, and argue that an alternative approach could have been more successful—and remains a viable option for re-engaging with Afghanistan in the future.
Oct
27
2022
3:30—5:00 PM Eastern Time (US and Canada)
October 21, 2022
There are signs that India’s growth boom has stalled, and the pace of monetary poverty reduction decelerated. The Modi government has responded with what Arvind Subramanian has called "the new welfarism," involving massive public spending on essentially private goods and services like bank accounts,...