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Blog Post
March 14, 2024
Since its inception, DFC has demonstrated its capacity to rapidly increase its investment volume, making use of a higher portfolio cap. Its annual commitments have doubled over the past four years. But the agency has been subject to criticism (including from some at CGD) for insufficiently prioritiz...
WORKING PAPERS
February 08, 2024
While labor market impacts of refugees in low- and middle-income countries are commonly studied, public services like education could also be affected by mass arrivals. This paper examines the impact of Syrian refugees on the educational outcomes of Jordanians. Combining detailed household surveys w...
Blog Post
November 08, 2023
How stable do emerging markets look now, in 2023? Which countries would be most and least resilient if another global adverse shock were to happen? A simple indicator constructed from a small set of economic and institutional variables was able to identify in 2019, prior to the COVID-19 pandemic and...
Blog Post
October 25, 2023
A couple of years ago I joked that many development economics papers could be summarized by simply saying “schools: they’re good!”—or as an economist might put it, “the returns to education are positive.” Papers documenting the benefits of education have been at the core of development economics for...
Blog Post
October 12, 2023
The vast majority of out-of-school children around the world live in rural areas. For children who live in rural areas and who are enrolled in school, they are less likely to finish primary school or to transition to secondary school. They score worse on tests. Less educational attainment and lower ...
Blog Post
August 28, 2023
We’d been eagerly awaiting an update to DFC’s downloadable project data for insight into the development finance agency’s recent investments and overarching portfolio composition. A new drop finally came earlier this month detailing transactions through FY2022 and timed with the release of DFC’s ina...
Blog Post
August 01, 2023
There’s a lot out there on how to improve educational outcomes in low- and middle-income countries. On the one hand, one may be tempted to lean into Finnish education scholar Pasi Sahlberg’s critique: “There are so many ‘facts’ now available about how to fix education, that anyone…can easily gravita...