The House Foreign Affairs Committee recently advanced the Global Learning Loss Assessment Act. This bipartisan, bicameral legislation shines a light on the critical issue of learning loss—and the impacts of disrupted education more broadly—as schools around the world closed due to the COVID-19 pandemic. Here’s a quick overview of the evidence to date—and why it’s important that lawmakers (and USAID) are casting a watchful eye on global learning and inequality.
CGD Policy Blogs
In the Secretive World of Government-to-Government Lending, 100 Chinese Debt Contracts Offer a Trove of New Information
Is Chinese financing good for developing countries? Taking stock of China’s lending activities has long been hindered by the lack of publicly available data on dimensions like loan volumes and interest rates, let alone more esoteric features like loan collateral or default contingencies. A pathbreaking new study by researchers at AidData at William & Mary, the Kiel Institute for the World Economy, the Peterson Institute for International Economics, Georgetown Law School, and the Center for Global Development changes that.
While a drastic reduction in carbon emissions is necessary to contain climate change, countries still have not reached a consensus on a fair division of responsibilities in reducing them. While advanced economies were the biggest emitters in the past, emerging economies, such as China and India, account for an increasing share of new emissions. From the standpoint of fiscal policy, these carbon emissions, which adversely affect the world’s well-being, are a negative externality. At present, countries do not bear the full cost of these externalities. The cumulative sum of these liabilities can be viewed as a “climate debt” a country owes to the global community.
It is easy to critique humanitarian organizations for inefficiencies and other flaws in their coordination functions. But deeper examination of issues such as media exposure and incentives to coordinate makes it clearer that, given their current funding model, their actions may be rational institutional behavior.
Redesigning Global Europe: The EU’s Neighbourhood, Development, and International Cooperation Instrument
EU member states and the European Parliament’s Foreign Affairs and Development Committees finally approved the new Neighbourhood, Development, and International Cooperation Instrument (NDICI)—Global Europe. The instrument, worth €79.5 billion over the period 2021-2027, marks a profound transformation of EU development policy and spending.
The Indirect Health Effects of COVID-19: Emerging Findings from Kenya, the Philippines, South Africa, and Uganda
Much of the initial COVID response focused on limiting cases and deaths, without sufficient attention to the broader indirect impacts. A new CGD series investigates.
Safe and efficacious vaccines are our best tools for defeating COVID-19. An unprecedented research and development effort has led to 12 vaccines with full or limited use emergency authorizations globally, but vaccinating everyone in the world as quickly as possible will require additional production capacity. Currently, there is not enough manufacturing capacity globally to accelerated immunization around the world in the next six months.
What’s the Latest Economic Research on Africa? A Round-up of Nearly One Hundred Studies from CSAE 2021
Each year around this time, the Centre for the Study of African Economies at Oxford University hosts its annual conference. In this post, we provide a bite-sized summary of every conference paper that we could find.
The US International Development Finance Corporation has become a Rorschach test for the policy community: when they look at it, everyone sees something different.
Two positive development stories emerged from the UK education sector last week: A new tutoring scheme is hiring Sri Lankan tutors for British children. And the UK Department for Education is proposing a new international teaching qualification, which could make international recruitment easier.