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CGD NOTES
December 13, 2022
The unprecedented turnout at rallies across Pakistan protesting corruption and poor job prospects underscores the frustration among the rapidly growing middle class with governance failures. Pakistan’s economic growth exceeded India’s for over four decades after its independence in 1947, but since t...
Blog Post
November 21, 2022
The Open Contracting movement, pushing to make government procurement worldwide considerably more transparent and efficient, has been a huge success. Today, more than 50 countries and cities are implementing policy changes from open electronic bid processes and publishing contracts to posting inspec...
CASE STUDIES
November 10, 2022
This case study focuses on the intersection between CGD’s work on contract transparency in public procurement led by Charles Kenny and the open contracting movement. It examines the claims of causal attribution that can be made about how CGD’s work supported the emergence of the open contracting mov...
Blog Post
November 07, 2022
Last month, I spent an enjoyable if fractious couple of days in Vienna, taking part in a meeting of the UN Office of Drugs and Crime 2nd Task Force on the Measurement of Corruption. The task force is meant to help the office “define and refine methodologies for measuring corruption and to formulate ...
Blog Post
November 07, 2022
What’s the latest in international economic development research? Last weekend was the North East Universities Development Consortium annual conference, often called NEUDC. With more than 135 papers presented (and almost all of them available for download), it’s a great way to see recent trends in t...
BRIEFS
October 11, 2022
We are living in a time when many countries face heightened debt vulnerabilities. There is no international bankruptcy mechanism for countries that default on their external obligations. The objective of the international financial architecture—historically overseen by the IMF and its shareholders— ...
Blog Post
October 04, 2022
The World Bank/IMF Annual Meetings begin next week—against a backdrop of mounting economic crises and uncertainty. How can we reduce global debt? Rethink the MDB/IMF system to address pressing issues like pandemics, climate change, and food security? Support poor countries where they need the most a...
Blog Post
September 14, 2022
In March, the World Bank estimated that a dozen developing countries could default on their debt over the next 12 months. The warning signs are everywhere. Investors have pulled $50 billion from emerging-market bond funds this year, and the debt of nearly one-third of these countries is trading at d...