Challenging global economic conditions, including a combination of low growth, a limited number of jobs, and rising inequality, are fueling the rise of nationalism and populism that are a threat to global cooperation, IMF Managing Director Christine Lagarde said in a speech at CGD.
CGD Policy Blogs
There is much uncertainty now about how the UK will respond to Thursday’s referendum result calling for Britain to leave the European Union. The effects on developing countries—and development cooperation—will depend in part on what is agreed in the coming months and years. But here is some speculation about the possible threats that Brexit implies, and a (rather shorter) list of the possible opportunities.
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.
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 .
How NGOs and service delivery organisations can be empowered by better use of data to improve public service delivery.
Some thoughts-in-progress: if you are going to provide a public subsidy to the private sector, is it nearly always better to amplify the returns than to reduce their risks?
In Norway last year I met with the impressive staff of one of the world’s largest and smartest NGOs. They were unhappy that Norwegian aid money was being used to discourage deforestation in Brazil instead of to immunize children and educate girls in low-income Africa—in other words, to deal with climate change rather than “development.” I countered that minimizing climate change is a crucial piece of development, and urged them to rethink the issue.
The World Bank President Jim Kim has said that the next frontier for the World Bank is to 'help to advance a science of delivery'. But the problem is not that we are ignoring politics, as Kevin Watkins suggests: the problem is that we are ignoring complexity.
Richard Manning, a highly respected former chair of the Development Assistance Committee (DAC) says in the FT that the OECD is "encouraging OECD finance ministries to get away with murder as they seek to massage reported aid upwards at minimum cost."