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.
Efficient, resilient, and accountable governance systems are essential to successfully manage natural resources, provide public services, foster trade, attract private investment, and manage aid relationships. Corruption and secrecy are often at odds with such goals. Illicit financial flows, for example, undermine development and governance while secrecy in extractive industries can squander a nation’s wealth and weaken the social contract.
CGD’s work in this area focuses on contact transparency, tax evasion and avoidance, efforts to combat money laundering and terrorism financing, and the negative effects they can have on remittance flows and international security.
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With cuts to foreign aid on the horizon, the United States, now more than ever, needs to sharpen its tools to operate in a constrained budget environment. Key to this approach is a strong development finance institution that can leverage private investment to achieve development outcomes, as well as create opportunity for American companies abroad—all at less than no cost to the US taxpayer. At this event, Congressman Ted Yoho of Florida addresses the vital role the Overseas Private Investment Corporation plays in US development policy, and discusses how he came to support its mission. An expert panel discusses the conservative rationale behind OPIC, why its critics are wrong, and what can be done to strengthen the institution and leave it better prepared to address future development challenges.
The early days of this new administration are a critical time for bipartisan exchange among leaders of previous administrations. Please join CGD for a conversation with three former Treasury Under Secretaries for International Affairs who played central roles in the Bush II and Obama administrations’ formulation and execution of international economic policy. The panel will discuss the outlook for the global economy, international structural changes and challenges that have emerged since their time in office, the critical issues that will confront the next Under Secretary for International Affairs, and the nature of the job and lessons learned. We hope you can join us for this stellar panel, as we continue to build understanding of global economic challenges and how the United States, working with others, can best meet them.
With cuts to foreign aid on the horizon, the United States, now more than ever, needs to sharpen its tools to operate in a constrained budget environment. Key to this approach is a strong development finance institution that can leverage private investment to achieve development outcomes, as well as create opportunity for American companies abroad—all at less than no cost to the US taxpayer.
CGD Europe recently published a (UK) election manifesto on development with proposals across 19 areas. One area that raised comments and feedback was the proposals on tax, which left out country-by-country reporting. I can’t speak for others who contributed ideas to the manifesto, but the reason I did not suggest public CBCR is this: I’m not convinced by it.
Each year, as ministers gather from all corners of the world for the World Bank/IMF Spring Meetings, Washington DC resounds with a cacophony of differing perspectives on future prospects, like a giant, multinational orchestra tuning up. Yet this time, in both public and private gatherings, with both developed and developing country dignitaries, as well as leading technocrats from the international financial institutions, one refrain kept recurring, defining the mood of the whole symphony. I would summarize it as 'The numbers are looking better, so why don't I feel good about them?'
In this paper, I examine the effects of power sharing on vulnerability to adverse shocks in a multiethnic setting. Combining a unique dataset on the allocation of ministerial posts across ethnicities with the spatial distribution of Ebola, I provide evidence that ethnic representation mitigated the transmission of Ebola in Guinea and Sierra Leone. The findings suggest that one percentage point increase in proportional cabinet shares reduced Ebola transmission by five percent, as reflected in the total number of confirmed cases.
Kate Raworth's new book Doughnut Economics discusses "seven key ways to fundamentally rethink economics and transform the economy into one that works for all." Raworth will present her ideas from Doughnut Economics, to be followed by discussion and debate with the audience. Kate Raworth is a senior research associate at Oxford and senior associate at the Cambridge Institute for Sustainability Leadership.
This annual report marks two milestones in 2016: CGD’s 15th anniversary and, at the end of the year, its first leadership transition, with founding president Nancy Birdsall being succeeded by Masood Ahmed. In this first era, the Center has established itself as an influential voice in international development policy, with a unique model of nonpartisan policy innovation.