CGD Policy Blogs
Mexico followed, in past years, what appeared to be a textbook formula for expanding access to and use of digital financial services for its citizens. And yet, less than half of its adult population reported having a bank account only two years ago, which is lower than the Latin American average of 55.1 percent, and significantly below the upper-middle-income country average of 73.1.
The fight against COVID-19 is a global war but policymakers are not behaving accordingly. As a result, we are losing more battles than we are winning, and the scars will haunt our international relations for years to come.
India’s efforts to expand financial inclusion by leveraging digital technologies have been much publicized and lauded, both within India and internationally. But how effective have they actually been in expanding the usage of digital financial services across India’s huge population? And what is constraining their further growth?
The Black Lives Matter movement, #AidToo, and the failure to support locally-led responses during COVID-19 have spotlighted power imbalances in the humanitarian sector. Whether between large NGOs and local organizations, or crisis-affected populations, there are limited ways for people to participate in decisions that affect them, particularly those on the frontline.
You might think girls' education and climate change are quite different issues. But, with money for and political attention on climate change growing, savvy education donors and advocacy organisations are increasingly making links between the two. The UK’s FCDO, for instance, claims girls in poor countries are “among the greatest assets we have in responding to the climate crisis.”
We argue this strategy is empirically and morally flawed. There is no need to greenwash education.
As the COVID-19 pandemic started to exact a toll on lives and livelihoods in early 2020, countries imposed strict lockdowns to stem the spread of infections, disrupting economies and societies across the world. With pandemic-induced constraints on in-person interactions, many countries adopted a “digital first” approach to delivering social assistance, primarily cash transfers.
After deciding that the UK can only afford to spend around £10 billion in aid, the Treasury is reportedly proposing further cuts in real aid spending solely to accommodate some unusual (but ODA-eligible) accounting items under the 0.5 percent target. These accounting items have no bearing on the affordability of, or expected benefits from, spending the initial £10 billion. In contrast to 2005, it seems the Treasury is about to let accounting anomalies dictate real-world decisions, and as a result, worthwhile programmes risk being cut for no other reason than to keep ODA constant as a percentage of GNI. There is no economic rationale for this, “difficult fiscal circumstances'' or otherwise
USAID Administrator Samantha Power appeared before House and Senate authorizing committees late last week to discuss the agency’s FY22 budget. It wasn’t surprising to hear Administrator Power make a case for strong US global engagement—including robust aid investments and continued commitment to humanitarian response. But she also demonstrated—in a number of important ways—a clear-eyed focus on development effectiveness. Below we highlight several issues we were glad to see receive attention.