CGD Policy Blogs
Development Impact Bonds come at a price: private investors provide upfront funding for social interventions and expect a return, including some compensation for the risk they are taking, if outcomes are delivered. Is that price worth paying? The second meeting of the CGD and Social Finance Development Impact Bonds Working Group recently considered this question in some detail.
The CGD and Social Finance Development Impact Bonds Working Group is designing a new type of investment vehicle to attract private investors who want to do good and do well while delivering development outcomes.
It’s not about the grade, it’s about the learning say Millennium Challenge Corporation (MCC) officials as they prepare to release the US government’s first five* independent development impact evaluations tomorrow. Results will be mixed. They should be. But if the MCC and other development policymakers pay attention to what the impact evaluations tell them—and the MCC keeps its commitment to independent, rigorous evaluation across the rest of its programs—it will be really good news.
We can all agree that it’s unconscionable that, in 2012, there are still 1.3 billion people without access to electricity. But there’s also that pesky problem of greenhouse gases cooking our planet. So, the big question is: should we burn more fossil fuels like natural gas to help bring power to those without?
In this post, Gabriel Demombynes, Senior Economist in the Nairobi office of the World Bank, describes some of the issues raised at the Center for Global Development and the African Population & Health Research Center’s first meeting of the Data for African Development Working Group meeting last month. This blog was originally posted to the World Bank’s Development Impact Blog on October 1, 2012.
by Gabriel Demombynes
Recently I attended the inaugural meeting of the Data for African Development Working Group put together by the Center for Global Development and the African Population & Health Research Center here in Nairobi. The group aims to improve data for policymaking on the continent and in particular to overcome “political economy” problems in data collection and dissemination.
Value chains is one of the hot buzzwords in agricultural development discussions these days, but middlemen are something to be eliminated. I’m rather puzzled by this seeming contradiction.
From Big Bird to malarkey to binders full of women, it’s been quite the presidential debate series (there was also that whole dramatic shift in the momentum of the race thing).
On Monday, we’ll hear from President Obama and Governor Romney for 1.5 Bob Schieffer-moderated hours on foreign policy. The topics have already been announced, and while it’s possible some development-related questions could come up (mostly likely under the basket of America’s role in the world), the odds aren’t great. Regardless, here are three questions that I’d like to hear the candidates answer.
In August, Reinhard "Harry" Schmidt sent me a thoughtful note about my book, of the sort authors are lucky to receive even once. It contained praise, yes, but also an intelligent list of conceptual realms I had missed or underemphasized, mostly having to do with the challenges of architecting durable financial institutions for the poor.
I got to be part of a panel yesterday at the UN, grandly titled “Conceptualizing a Set of Sustainable Development Goals - A Special Event of the Second Committee of the UN General Assembly.” I was excited to be there not just because of the location and topic, but also because of considerable respect for the rest of the panel, including Andrew Revkin of the NYT Dot Earth blog, WRI’s Manish Bapna and Oxfam’s Kate Raworth.