Tag: Technology

 

What Can India's Biometric ID System Do for Development? – Podcast with Aadhaar Architect Nandan Nilekani

Blog Post

India's biometric ID system Aadhaar has provided over a billion people with digital IDs, and changed how the country's government provides services and subsidies. But opponents of the system say that Aadhaar erodes people’s privacy. Nandan Nilekani, the chief architect of the platform, joins the CGD podcast to address these concerns, discuss the platform's progress, and share his vision for future uses of "societal platforms."

Publications

With aid budgets shrinking and even low-income countries increasingly faced with cofinancing requirements, this is the right time for global health funders such as the Global Fund and their donors to formally introduce Health Technology Assessment (HTA), both at the central operations level and at the national or regional level in recipient countries. In this CGD Note, we explain why introducing HTA is a good idea. Specifically, we outline six benefits that the application of HTA could bring to the Global Fund, the countries it supports, and the broader global health community.

Can Fintech Improve Financial Inclusion? Adequate Regulation Can Help

Blog Post

The difficulties encountered by emerging markets’ regulators in balancing socially desirable innovations and possible risks are accountable for the slow development of fintech regulations in these economies. To address these problems, the framework developed in CGD’s report, Financial Regulations for Improving Financial Inclusion can support regulators’ efforts. This approach, based on three main principles, encourages the private sector to successfully adopt and adapt digital finance solutions for low-income populations while circumventing risks.

Women in Fintech: Steps towards Gender Equality in a Most Unequal Sector

Blog Post

On October 4, CGD convened a private roundtable on women and financial technology in development alongside Monica Brand Engel, co-founding partner of Quona Capital (which invests in financial technology solutions in the developing world), and Wendy Jagerson Teleki of the International Finance Corporation. An engaged set of participants from MDBs, government, civil society, and the private sector joined Engel and Teleki in exchanging ideas on how to increase women’s representation in financial technology (or “fintech” for short) leadership and improve access to financial services for women. 

Publications

How much innovation will be needed to meet the United Nations’ Sustainable Development Goals? Our results suggest that (i) best performers are considerably outperforming the average performance at a given income level, suggesting considerable progress could be achieved through policy change but that (ii) the targets set in the SDGs are unlikely to be met by 2030 without very rapid, ubiquitous technological progress alongside economic growth.

Aadhaar Technology Evolves: Solving Global Problems through Societal Platforms

Blog Post

How do you give over a billion people a digital ID within five years? How do you improve learning for 200 million children in India and countless millions worldwide within a decade? How do you improve health outcomes for billions of poor people and achieve the goals of Universal Health Coverage within a generation? How do you solve the world’s most pressing challenges, not incrementally, but with the urgency they demand?

German Elections: What Merkel’s "Jamaica Coalition" Might Mean for Global Development

Blog Post

Germans have given Chancellor Angela Merkel a fourth term as chancellor, but once again without a parliamentary majority. It seems likely that Merkel will now try to negotiate a black-green-yellow “Jamaica coalition” (referring to the parties’ colors) with the Greens and the pro-business Liberals replacing the Social Democrats as coalition partners. Despite the gain in vote for nationalists, our analysis suggests the Jamaica coalition could actually strengthen Germany’s role in accelerating global development, as well as benefitting Germany.

Can Technology Solve the De-risking Problem?

Blog Post

In recent years, regulators have raised their expectations for what counts as adequate AML/CFT compliance. At the same time, they have cracked down on institutions that have fallen short. While arguably necessary, this more stringent enforcement has produced some unintended side effects. In particular, it has put pressure on banks’ ability and willingness to deliver certain types of services, notably correspondent banking services.

Publications

For the world’s middle-income countries, the changes unleashed by automation, digital technologies, and the advent of increasingly more capable AI pose major challenges. They threaten to upend the few tried and tested development strategies.

Pages

Experts