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CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

The International Finance Facility for Education: The Wrong Answer to the Right Question?

Donors are considering a proposal for a new “innovative finance mechanism” to increase funding for education, based on recommendations from Gordon Brown’s Education Commission. We agree that we need to finance an expansion of education in the developing world. But sadly, the International Finance Facility for Education (IFFEd) proposal is too good to be true. Using donor guarantees to increase lending by multilateral banks could increase the supply of loans—but there are simpler ways to do that without setting up a new facility.

UK aid supplies on pallets

How Should UK Development Finance Count as Aid?

The UK Secretary of State for International Development Penny Mordaunt spoke powerfully last week about the opportunities for expanding investment in developing countries, including through CDC, the UK’s development finance institution. But a new proposal to count the reinvestment of returns on development finance towards the aid target would contradict the principle underpinning the rules on measuring aid, reduce the UK’s aid effort, and create volatility for other aid (and HM Treasury).

A meeting of the CGD working group on government contract transparency

From Open Oil to Open Everything? The 7 C’s of Using Open Models for Contract Negotiation

When companies and governments sit down to negotiate the terms for major deals with the private sector, workhorse spreadsheet models are what underpin projections of revenues, costs, and profits over time. Both companies and government agencies should have their own models. But in practice, on the government side, there is often no model at all. And even where there is, they are poorly understood, narrowly shared, and rarely if ever updated, leaving the public completely in the dark about how public assets and deals are managed.

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