Countries have traditionally invested their sovereign wealth in securities of major markets able to provide dependable returns and macroeconomic stability, but some are now investing more sovereign wealth domestically because of diminished returns in major markets and new investment opportunities at home.
CGD Policy Blogs
After a splashy launch in April 2014, USAID’s Global Development Lab has been relatively quiet as it seeks to expand the Agency’s capacity in science, technology, and innovation. For the broader development community, however, much remains in question about how the Lab will function, what it will accomplish, and how it will contribute to USAID’s newly stated mission to end extreme poverty.
Yesterday the UK Ministry of Justice released for the first time the official results of the Peterborough Social Impact Bond – the world’s first-ever SIB and the inspiration for many more SIBs to follow and CGD’s work on Development Impact Bonds.
The spread of knowledge and ideas should help close the gap between rich countries and poor. That’s why technology transfer is one of the seven components of CGD’s Commitment to Development Index (CDI).
CGD’s Europe Beyond Aid initiative explores how the individual and collective policies affect the developing world and how they could be improved. Using the Commitment to Development Index (CDI), it combines the scores of the 21 European countries that feature in the Index and calculates a consolidated score.
What role can biometrics play in aiding development? My guest this week, senior fellow Alan Gelb, explains why new biometric identification technologies may be the key to radically expanding the social, political, and commercial opportunities for people in the developing world. Biometrics, he says, make it possible to fulfil for people everywhere the right to a unique, personal identity.