Finance and Investment

More from the Series

Blog Post
DFIs Embark on a Voyage of Rediscovery
November 21, 2017
Development finance institutions (DFIs) have long resisted the idea that they ought to support coordinated national development strategies in the countries that they invest in, but if conversations around private roundtables at the recent World Bank/IMF meetings are anything to go by, that’s w...
CGD NOTES
Toward Better Multilateral Development Banks: Can the United States and China Lead Together?
November 21, 2017
The purpose of this note is to provide a realistic analysis of where MDBs have made progress in improving performance and governance, the risks and challenges they and their shareholders confront today, possible areas of US-China collaboration, and a specific recommendation for a joint effort.
ESSAYS
Billions to Trillions? Issues on the Role of Development Banks in Mobilizing Private Finance
November 17, 2017
It is time to take a fresh look at the PSWs and to ask some basic questions about their role and instruments. The aim of this essay is to raise issues that need to be addressed as we think about how PSWs should evolve and adapt to meet the formidable challenges ahead. These questions and the answers...
Blog Post
Can Fintech Improve Financial Inclusion? Adequate Regulation Can Help
November 06, 2017
The difficulties encountered by emerging markets’ regulators in balancing socially desirable innovations and possible risks are accountable for the slow development of fintech regulations in these economies. To address these problems, the framework developed in CGD’s report, Fi...
Blog Post
Why Development Finance Institutions Use Tax Havens
October 31, 2017
Development Finance Institutions (DFIs) exist to promote development by investing in the poorest, least developed countries. They often route those investments via holding companies or private equity funds domiciled in tax havens. On the face of it, that seems absurd: tax havens are widely seen...
Blog Post
The Potential Belt and Road Debt Bubble: Are We Asking the Right Questions?
John Hurley
October 26, 2017
During the recent IMF and World Bank meetings, all eyes were on China. As the US administration contemplates scaling back its global economic engagement, China is doing the exact opposite. But there is increasing attention being paid to risks associated with Chinese financing on two fronts.
WORKING PAPERS
An Index of Regulatory Practices for Financial Inclusion in Latin America: Enablers, Promoters, and Preventers - Working Paper 468
October 26, 2017
This paper constructs an index of regulatory quality for improving financial inclusion for the purpose of assessing and comparing the quality of rules and regulations in a sample of eight Latin American countries.