In the wake of a challenging year, the Bank of England (BoE) has found itself navigating a tumultuous economic landscape marked by significant upheavals. Following the release of the mini-budget in September 2022, the BoE was compelled to take proactive measures to stabilize the financial system. Th...

Forest-based carbon markets could become an important source of income for countries in Africa, Latin America and Asia-Pacific. Estimates indicate that under high carbon prices the carbon credits market could reach US$30 billion per year by 2030.

Epidemics and pandemics pose a sporadic and sometimes severe threat to human health. How should policymakers prioritize preventing and preparing for such events, relative to other needs? Our simulations suggest that an event having the mortality level of COVID-19 should not be considered a “once in ...

Haiti is once more experiencing a crisis of instability and political unrest. The devastating 2010 earthquake was seen as a chance to break with the past and steer the nation in a new direction, but although some progress was made, it was short-lived, insufficient to establish a path for growth, une...

The Africa Growth and Opportunity Act (AGOA) is due to expire in 2025, a quarter of a century after it was first enacted. AGOA provides qualifying sub-Saharan African countries with duty-free access to the US market for most agricultural and manufactured products. Its architects and supporters point...

A global economy moving towards low-carbon production is going to dramatically shift demand for subsoil resources, from fossil fuels toward metals and minerals. Which countries may be winners and losers from the process?

On October 30, 2023, CGD senior fellow Charles Kenny delivered remarks at the Oxford Martin School, where he is a visiting fellow. His speech, “The future of global development and implications for aid,” focused on global economic change and its impact on the development prospects of low- and middle...