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An image of Latin American currency.

The Case for an IDB Capital Increase Is Everywhere Except in the IDB’s Lending Numbers

Today the IDB is again making the case for a capital increase to its shareholders. Yet, despite an unfolding crisis that threatens development progress in Latin America to a degree that eclipses the Global Financial Crisis,  talk of a financing cliff at the bank is absent from its appeal for more capital. That’s because a spike in crisis financing has yet to materialize in IDB’s lending numbers.

Benno Ndulu speaking at a 2018 CGD event

Remembering Benno Ndulu

The CGD family is mourning the recent loss of our friend and colleague, Benno Ndulu. Benno was a towering intellect and a forceful policymaker. He was also a friend to CGD.

Image of a lock on a circuit board

Data Protection: Consent is Dead (Long Live Privacy)

There is a growing recognition around the world that consent to share personal data no longer works as a mechanism to protect that data. Placing the burden on providers—and not individuals—to protect data privacy gives developing countries the opportunity to leapfrog to a future-ready data protection environment by shifting the paradigm for data protection in a way that both reflects the technological realities of the 21st century and considers the needs of its poorest citizens.

An image of a box containing weapons behind a fence

Undermining Global Security: Measuring the Risk of Arms Exports and Commitment to Development

Just weeks into his presidency, Joe Biden announced a suspension of arms sales to Saudi Arabia and the United Arab Emirates. This follows similar promising commitments from Italy last month. As security and development are mutually reinforcing concepts, what countries do on arms exports matters for development. We look at arms exports across all major economies—both in terms of value and their “conflict potential.” We analyse the extent to which the choice of arms customers is likely to increase risk and undermine development, and highlight which countries should be taking more action on reducing the conflict potential of their arms exports.

An image of someone casting a ballot.

Scaling the Summit of Democracies

One of President Biden’s foreign policy campaign commitments was to hold a “Summit of Democracies” in the first year of his presidency. While skeptics have raised valid concerns—not least which countries should appear on the guestlist— a summit could spur useful reforms at home and abroad.

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