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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...
Blog Post
January 10, 2023
Ahead of the holiday break, US lawmakers reached agreement on a final FY2023 spending deal. After months of stalled negotiations, an omnibus appropriations package was far from guaranteed. But concerns about the consequences of a long-term continuing resolution—and the prospect of adding a major tas...
Blog Post
December 13, 2022
A new bipartisan bill, introduced by Representatives Joaquin Castro (D-TX) and Young Kim (R-CA), looks to advance innovation in US development policy, embracing a definition of innovation that captures both technological advancements and novel approaches to development programming.
Blog Post
December 12, 2022
Debt and climate change are defining challenges for many countries in Africa. Governments across the continent are seeing their debt burdens mount—some to unsustainable levels—as they race to mobilize resources to adapt and respond to the increasingly severe climate crisis.
Blog Post
October 31, 2022
The US has played a lead role in responding to recent and evolving threats around the world—in large part—thanks to supplemental funding provided by Congress. Lawmakers have demonstrated a willingness to loosen the proverbial purse strings outside the typical, annual appropriations cycle in response...
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,...
BRIEFS
October 11, 2022
We are living in a time when many countries face heightened debt vulnerabilities. There is no international bankruptcy mechanism for countries that default on their external obligations. The objective of the international financial architecture—historically overseen by the IMF and its shareholders— ...