Innovative finance schemes are most likely to fail if the main aim is to bring in more money, and most likely to succeed if the aim is to create new ways of working.
CGD Policy Blogs
One of the first things we all learn as development rookies is that you cannot simply transplant institutions, systems or ideas from elsewhere. We are told that solutions have to be organic, locally-developed, country-owned and relevant to the context. But why and when is this true?
This is a joint post with Petra Krylová .