Development Finance

More from the Series

Blog Post
Welcome Transparency on Debt from the World Bank
June 23, 2020
The World Bank has just released country-by-country data on the debt owed to individual creditors by the 73 countries eligible to participate in the G20-sponsored debt service suspension initiative.
POLICY PAPERS
Tax Revenue Reforms and Income Distribution in Developing Countries
June 11, 2020
We explore the impact of major revenue mobilization episodes on income distribution dynamics using a new “narrative” database of major policy changes in tax and revenue administration systems, covering 45 emerging and low-income countries from 2000 to 2015.
Blog Post
Well-Designed Tax Reforms Can Improve Income Distribution in Developing Countries
June 11, 2020
In a recently published paper we examine the experience of 45 developing countries (23 emerging and 22 low-income countries) over the 2000-2015 period and find that tax reforms have raised the income share of the poorest population groups within countries.
Blog Post
If Development Finance Institutions Are Providing Aid, They Should Act Accordingly
June 10, 2020
How should member countries of the OECD's Development Assistance Committee classify their support to private sector investments in developing countries though development finance institutions? Either way, donors have decided that DFIs are in the aid business. And that means that DFIs shoul...
Blog Post
DFC Puts Its Foot on the Pedal
June 10, 2020
DFC put its foot on the pedal in its second board meeting. It is starting to lay the groundwork for a portfolio that is more skewed towards the difficult markets where its development dollars can have most impact. Over the coming months we also hope to see a portfolio expansion in LICs commensurate ...
Blog Post
Traffic Lights Could Help DFC Balance Its Portfolio and Mitigate Mission Creep
June 10, 2020
The DFC has three mandates: (1) deliver development outcomes, (2) support US foreign policy, and (3) don’t lose money by financing only commercially viable projects. DFC’s predecessor agency, the Overseas Private Investment Corporation (OPIC), sometimes struggled to balance these (often conflicting)...
CGD NOTES
The COVID-19 Crisis and Fiscal Reform in Low-Income Countries
June 01, 2020
The global impact of the COVID-19 pandemic on economic output and public finances in 2020 and beyond is projected to be massive. Fiscal policy can have a crucial role in mitigating the pandemic’s overall economic impact and promoting a quick recovery. It can help save lives and shield the most-affec...