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POLICY PAPERS
October 28, 2021
Results-based financing (RBF) is one of several broad approaches to finance official development assistance (ODA) “that attempt[s] to connect at least a portion of payment to the verified achievement of results.” Despite some relatively high-profile programs and pilots—and broad interest and curiosi...
CGD NOTES
July 15, 2021
After four years of neglect from the White House under President Trump—and declines in direct funding—climate has (re)emerged as a centerpiece of US global engagement and US development policy more specifically, as policymakers seek to support emerging economies to meet economic growth goals in a su...
POLICY PAPERS
December 14, 2018
Using publicly available information, we describe all seven DIBs, and evaluate the three “health DIBs” in more detail, comparing their stakeholders, implementation, and outcome structures. We offer three recommendations to improve evaluation and inform development of DIBs in the future.
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POLICY PAPERS
January 26, 2018
Despite the considerable interest in Development Impact Bonds, only a few have reached the implementation phase. We use information from stakeholder interviews to describe the design of one DIB in-depth and use lessons from a range of impact bonds to develop recommendations for potential partners to...
CGD NOTES
April 24, 2017
Happily, in the last 25 years, the proportion of people living on less than $1.25 a day has dropped by two-thirds. Most of this success is due to major global forces such as trade and cross-border labor mobility. And much of the credit goes to the governments and citizens of developing countrie...
POLICY PAPERS
January 12, 2017
For over ten years, the international development community, including the US government, has committed to incorporating greater country ownership into the design and delivery of foreign assistance. This paper makes six broad recommendations for how USAID, MCC, and Congress can help the US governmen...
POLICY PAPERS
April 27, 2016
The Millennium Challenge Corporation (MCC) was established to provide large-scale grant funding to poor, well-governed countries to support their efforts to reduce poverty and generate economic growth. However, the statutory definition of which countries are “poor” for the purposes...