Category: Q. Academic writing
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A CGD policy paper with Euan Ritchie and Lee Robinson. This paper outlines the broad rationale for approaches beyond patents to support the development of technologies specifically useful to developing countries and the role for aid-funded approaches within that. It outlines some of the mechanisms that can be used and summarizes their strengths and weaknesses.…
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A note for CGD with Todd Moss. Answer: competition, make loans less attractive than market, use transparent benchmarks.
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I gave testimony to the House Committee on Financial Services Subcommittee on National Security, International Development, and Monetary Policy (video here). I said the IBRD should get its capital increase, and the IFC should get its capital increase if it reforms.
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A CGD note with Julian Duggan. Across the 71 leading US think tanks for which we have data, we find that the average share of trustees and directors that were women was 23 percent, the average share of highly compensated employees that were women was 30 percent, and highly compensated women were paid 92 percent…
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A CGD Policy Paper. The new US International Development Finance Corporation (USDFC) will be considerably larger than its predecessor, and it will also be more focused on low and lower middle income countries. It will have new tools to deliver but face expanded competition. The major challenge to the DFC is not Chinese investment (which…
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A CGD note. I'm comparatively optimistic about automation: Africa needs more of it, the rate of automation does not appear to be rapid enough to suggest short-term dislocation, manufacturing jobs have moved rather than gone away and services offers another technology-enhanced route to development.
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A policy paper for CGD. There is a significant and ongoing ramp-up in support for explicitly subsidized official development finance to the private sector around the world, but its role remains poorly defined. Lessons from the aid effectiveness literature as a whole and principles on effective use of aid suggest the need for approaches that…
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A piece for the Contracting Excellence Journal with Caroline Anstey, summarizing The Principles on Commercial Transparency in Public Contracts.
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A note for CGD with Euan Ritchie and Lee Robinson. This paper argues there is a (fuzzy) spectrum of development procedures, for some of which global innovation, evaluation, or “best practice” can be informative, for some of which local evaluation or experimentation can be useful, and for some of which perhaps only practical experience and…
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A policy paper for CGD. Development finance institutions have positioned themselves as key agencies to help the world meet the Sustainable Development Goals. It is doubtful that they can deliver. This paper outlines the challenges facing DFIs in achieving (anywhere near) such an expansion in their impact, particularly in infrastructure and particularly in the poorest…