CGD Policy Blogs
A new approach to investing is seeking to connect investors with businesses that both make a profit and provide goods and services that advance development. Just what is impact investing? How big can it get? I’m joined this week by John Simon, a visiting fellow here at the Center for Global Development.
A crisis is unfolding in India's microcredit sector that-- beyond its immediate effects on borrowers and lenders-- will greatly affect the future of financial services for the poor.
This is a joint post with Owen McCarthy.
At the next meeting of its Executive Board in Rome on November 8, the management of the World Food Programme (WFP) will propose an expanded financing facility to the tune of $557 million to fund advance purchases of food. This is a welcome news that has the potential to cut hunger, by stretching WFP dollars and speeding deliveries.
When Donald Kaberuka became president of the African Development Bank five years ago, he faced daunting tasks, including defining a mission for an institution that many dismissed as irrelevant.
Kudos to AFD, the Gates Foundation, and the World Bank for organizing an outstanding Marketplace on Innovative Financial Solutions for Development last week in Paris. The organizers managed to bring together a lot of people with good ideas, and created an energized atmosphere worthy of the ‘marketplace’ idea.
Here is a round-up of the five winners of the contest, and some other ideas that stuck out:
My guest on this week’s show is David Roodman, a research fellow here at CGD who has spent the past year writing a book on microfinance. He has shared this experience online through his open book blog, posting chapter drafts, analyzing ongoing research in the field, and soliciting comments and suggestions.
The Financial Times published my letter to the editor last week responding to Gillian Tett’s article “Will sovereign debt be the new subprime?” I elaborated on the risks of increasing public debt in the U.S. and other developed countries, and warned that mere perception of an excessive supply of sovereign debt can reduce the real value of that debt. Here’s my letter:
Recent developments have brought to the front the importance and relevance of the Center’s extensive work on improving access to financial services in developing countries, where a very large proportion of households and firms lack such access. First, in the Pittsburgh Summit Communiqué, the G-20 pledged to: