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CGD NOTES
August 23, 2023
Across several African countries, there has been a troubling trend of infrastructure being stripped to sell as scrap metal. People have been arrested for ripping out and selling rail sleepers in South Africa and Ghana, pylon and copper wires in Uganda, and streetlamp meters in Liberia. That strippin...
CGD NOTES
April 08, 2021
As the Biden administration turns its attention to infrastructure legislation in the United States, it is important to focus on the role investment in infrastructure financing can play in the recovery. This note covers a policy proposal for a credit enhancement instrument, using concessional financi...
REPORTS
March 07, 2019
Every year, governments worldwide sign contracts worth trillions of dollars. They buy textbooks and fighter planes, hire consultants, commission firms to run railways and build bridges, take out loans and give guarantees, grant mining concessions, and issue licenses to use the public airwaves. Each ...
MCC MONITOR ANALYSIS
July 25, 2007
Recent discussions surrounding the Millennium Challenge Account (MCA) proposal suggest that it seeks to address two somewhat distinct goals in the general area of foreign aid: increasing aid volume and making aid more selective. This brief comment seeks to clarify the nature of these goals and sugge...
WORKING PAPERS
January 10, 2006
Does foreign aid help develop public institutions and state capacity in developing countries? In this Working Paper, the authors suggest that despite recent calls for increased aid to poor countries by the international community, there may be an "aid-institutions paradox." While donor intentions ma...
BRIEFS
August 03, 2005
Traditional economic theory predicts that capital mobility and international trade will push the world's national economies to one income level. As poorer nations race ahead, richer ones should slow down. Eventually, theory says, national economies would reach equilibrium. The reality of the last fe...
BOOKS
July 19, 2005
In this book, Nicolas van de Walle identifies 26 countries that are extremely poor and grew little if at all in the 1990s. His sample excludes North Korea and countries where civil war explains some of their failure to grow (Afghanistan, Sierra Leone, Sudan, Tajikistan and others). The 26 countries ...