With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
European Union members are collectively the largest aid donor in the world and give over half of global aid, and the EU’s policies have a major bearing on global development—from migration, to trade, agriculture and security. CGD is bringing its innovative thinking and evidence-based, practical propositions to the unique European context.
It’s been three weeks since the UK voted to leave the European Union in the move popularly known as Brexit, and the consequences are still becoming apparent. Senior fellow and director of CGD Europe Owen Barder joins the podcast from London this week to take a balanced look at possibilities for the UK’s future, and consider implications for the country and the developing world.
Last week, CGD and Social Finance launched a new high-level Working Group to consider Development Impact Bonds, a new mechanism to enable private investment in development outcomes. Owen Barder and Rita Perakis explain.
There is nothing new about the idea that development assistance is an investment: spending money today in the hope of future benefits. Putting money into immunizing kids or giving them an education is an excellent investment in the future well-being of those people. But if there are financial returns they are often far in the future and cannot be directly linked back to the investment. For many development investments the returns are mainly social, not financial. And the absence of financial returns on a reasonable timescale could be why there is no market for investing in development. There is a small pool of investors who are willing to be paid in good karma; but most would rather be paid in dollars, sterling or euros.
One needs just to look at the newspaper headlines to see that the problem of migrants is growing daily in Europe and that its gravity is greater than before. The number of migrants this year has already exceeded 100,000 (about 15 percent higher than the last, record, year); the number of the dead has reached at least several thousand although the statistics are murky since no one has incentive to compile them. People just die in desert or sea and no one cares. Practically every European country thinks about either deporting the migrants, making the asylum laws more difficult, or simply shutting the borders.