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Davos and Development: What to Expect at this Year’s World Economic Forum

As world leaders gather to kick off the World Economic Forum Annual Meeting in Davos, Switzerland, CGD’s experts weigh in to shed some light on the ongoing debates, with innovative evidence-based solutions to the world’s most urgent challenges, and also discuss what’s not on the agenda but should be.

How to Avoid Indicator Scandals: Three Ways to Fix the Doing Business Index

On Friday, the World Bank’s chief economist, Paul Romer, told the Wall Street Journal that the Bank unfairly influenced its own competitiveness rankings. He highlighted the case of Chile which suffered lower rankings on the Doing Business index during the Bachelet administration versus the Piñera years, and recalculated these rankings on his personal blog. Today, he issued a clarification of his views.  

On the Docket for Development in 2018: CGD Experts Weigh in

Here at CGD, we’re always working on new ideas to stay on top of the rapidly changing global development landscape. Whether it’s examining new technologies with the potential to alleviate poverty, presenting innovative ways to finance global health, assessing changing leadership at international institutions, or working to maximize results in resource-constrained environments, CGD’s experts are at the forefront of practical policy solutions to reduce global poverty and inequality. Get an in-depth look below at their thoughts on the 2018 global development landscape.

Looking Forward: Development in 2018 – CGD Podcast

What's going to happen in the world of development in 2018? Will we finally understand how to deal equitably with refugees and migrants? Or how technological progress can work for developing countries? Or what the impact of year two of the Trump Administration will be? Today’s podcast, our final episode of 2017, raises these questions and many more as a multitude of CGD scholars share their insights and hopes for the year ahead. 

Questioning the Role of Bitcoin for Financial Inclusion

As the price of bitcoin continues its dizzying rise—the currency briefly surpassed $19,000 yesterday—the already passionate debate about its role in the global economy has become even more heated. Over the last two months, prominent economists and financiers, including Citi CEO Jamie Dimon, former IMF Chief Economist Kenneth Rogoff, and former Chair of the US Federal Reserve Ben Bernanke have all voiced skepticism about the currency, triggering a loud response from the crypto community.  

What Can India's Biometric ID System Do for Development? – Podcast with Aadhaar Architect Nandan Nilekani

India's biometric ID system Aadhaar has provided over a billion people with digital IDs, and changed how the country's government provides services and subsidies. But opponents of the system say that Aadhaar erodes people’s privacy. Nandan Nilekani, the chief architect of the platform, joins the CGD podcast to address these concerns, discuss the platform's progress, and share his vision for future uses of "societal platforms."

A stack of US dollars on a keyboard

Can Fintech Improve Financial Inclusion? Adequate Regulation Can Help

The difficulties encountered by emerging markets’ regulators in balancing socially desirable innovations and possible risks are accountable for the slow development of fintech regulations in these economies. To address these problems, the framework developed in CGD’s report, Financial Regulations for Improving Financial Inclusion can support regulators’ efforts. This approach, based on three main principles, encourages the private sector to successfully adopt and adapt digital finance solutions for low-income populations while circumventing risks.

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