In a paper and blog, the authors examine the distribution of aid among countries at different income levels and focus on the aid going to middle-income countries (MICs).
CGD Policy Blogs
What impact do development finance institutions (DFIs) like the IFC have on actual development? Today, George Yang and I release a paper that tries to take a sectoral approach to impact: does an IFC electricity investment lead to more power production per capita in a country, or financing provided to local banks lead to a larger proportion of people with a bank account?
This week, development ministers of the OECD’s Development Assistance Committee (DAC) come together for one of their occasional “high-level meetings.” Here's what we think should be on the agenda.
How gender balanced is the World Bank's board?
A few months ago, the experts at the OECD who decide what’s in and what’s out when it comes to what counts as official development assistance (ODA) said spending on research towards a Covid vaccine was out. “It contributes to addressing a global challenge and not a disease disproportionately affecting people in developing countries,” they argued.
As the possibility of a new Cold War between the US and China gains traction in some foreign policy circles, the scale of Chinese development finance has taken center stage. A closer examination suggests the cost to China of this lending is distinctly underwhelming. It would be cheap for the US and Europe to match China’s lending numbers –and in the interest of global development if it was done right.
The UK is about to merge development and diplomacy in a single department: the Foreign, Commonwealth and Development Office. There are plenty of reasons to be concerned about that, but CGD colleagues have pointed out some opportunities as well. One area where combining the talents of DFID and Foreign Office staff could be turned into a positive sum is in the area of global public goods.
We need to move forward—or backward—in what we expect development finance institutions (DFIs) to do in terms of financing private sector development in the world’s poorest countries.
A new ICAI report issued this week suggests that large parts of UK aid spending on research and development remain hampered by a design that favors British researcher interests over urgent research topics and capacity prioritized by the world’s poorest countries. The next few months are a perfect opportunity to fix that problem, because the two most problematic funds are up for renewal.
Building Back Better: Creating Resilience in Critical Supply Chains While Supporting Global Development
Policy forged at pace and during extreme circumstances will often leave something wanting. We want more resilient supply chains, but we shouldn’t sacrifice the benefits that existing supply chains have created, nor should we needlessly penalize developing countries in the race for resilience.