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
Beyond the Money: How IFIs and MDBs Can Better Support Pandemic Recovery in African Low-Income Countries
This blog proposes some critical steps—many of which are long overdue—that international financial institutions (IFIs) and multilateral development banks (MDBs) must take if their money is to work more effectively to support African countries recover from the pandemic’s fallout.
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?
In a paper and blog we delve into political considerations that influence the implementation of tax reforms in 45 emerging market and low-income economies.
This blog sets out the EU’s position as an international creditor and offer thoughts for what role the EU could play in debt relief.
US president-elect Joe Biden has pledged to eliminate fossil fuels, domestically and globally. We look at the fiscal cost of those subsidies, which countries make most use of them overall, and how dirty are the fuels they subsidise. We look at political barriers and conclude with four reasons why reform can succeed in 2021.