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.
CGD Policy Blogs
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.