The slogan “build back better” has become widespread during the COVID-19 pandemic, and to the extent it is used to promise a recovery that ensures less risk of a repeat, greater equality and more opportunity, that’s a wonderful thing. But the term comes with a history—and not a great one
CGD Policy Blogs
Charles Kenny launches his latest book The Plague Cycle: The Unending War Between Humanity and Infectious Disease.
Future generations are (currently) blameless, our actions leave them in peril, but we can do something about it. All of this is utterly true of climate change, and it is why rich countries (that disproportionately pollute) should take the lead in paying for climate change mitigation and adaptation.
In a paper and blog, Charles Kenny discusses the idea of the declining marginal utility of income and its potential use in allocation decisions.
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).
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.