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Blog Post
June 19, 2023
When Boris Johnson announced the creation of the Foreign, Commonwealth and Development Office in September 2020, he signaled the dissolution of the Department for International Development (DFID) after nearly 25 years. In a new series, to be published over the next 18 months, we will look at the wa...
POLICY PAPERS
June 19, 2023
Looking back on the run up to the creation of DFID in 1997, those involved tend now to tell two somewhat conflicting stories: first that it was simply “in Labour’s DNA” to uplift development and give it a separate voice in government, and second that the creation of DFID was very much about the circ...
Blog Post
June 14, 2023
An interesting paper (and podcast) by Francis Fukuyama and Michael Bennon look at China’s Belt and Road Initiative (BRI) and recent debt distress in BRI project countries, building on work by Scott Morris and co-authors that examined 100 Chinese debt contracts with foreign governments. BRI has invol...
Blog Post
June 13, 2023
Subsequent statements and declarations made it fairly clear that all $100 billion was meant to be new and additional –presumably ‘new and additional’ to existing financial transfers to developing countries. But there is no consensus definition of “new and additional climate finance.” That raises th...