Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

The Importance of Domestic Resource Mobilization for Debt Sustainability

Even for countries that are far away from graduating from foreign aid, the importance of domestic resource mobilization for maintaining macroeconomic stability and sustained economic growth is well documented. A look at the experience of countries that have received HIPC debt relief validates this point and underlines the need for attaching a high priority to tax policies and practices in international assistance programs for low income countries.

Complying with or Circumventing Conditionality: Two Cases of IMF and Sub-Saharan Africa Country Partnership

The purpose of this presentation was to use two cases of IMF-supported program conditionality to animate a discussion of the bridge between first-best policy advice and on-the-ground development policy in country-specific political economy contexts. Having been involved as Minister of Finance in the Liberia case, and as Director of the Fund’s African Department in the Mozambique case, I approach the issue from both an outside- and an inside-the-IMF perspective.

Development in 2016 – CGD Podcast

In 2016 on the CGD Podcast, we have discussed some of development's biggest questions: How do we pay for development? How do we measure the sustainable development goals (SDGs)? What should we do about refugees and migrants? And is there life yet in the notion of globalism? The links to all the full podcasts featured and the work they reference are below, but in this edition, we bring you highlights of some of those conversations.

My Ten Development Policy Wishes for 2015

Here are my wishes for commitments that countries could make at each of three big development-relevant international events in the next 12 months. I find it harder than ever to make such a list this year; global cooperation is becoming harder than ever to manage. With the rise of China and other emerging markets, cooperation in what is now a multipolar system is more necessary than it has been in decades, but more and more elusive. That puts a premium on strengthening the world’s international institutions and on—yes—UN and other international conferences and convenings and conversations in search of a global consensus on norms, programs, actions, and goals