Four men on their way to work at sunrise. One is on a bicycle.

We are the first generation in human history … again

Jim Yong Kim, President of the World Bank, says that the world is moving closer to the historic goal of ending poverty by 2030: This is the best story in the world today — these projections show us that we are the first generation in human history that can end extreme poverty … This new forecast of poverty falling into the single digits should give us new momentum and help us focus even more clearly on the most effective strategies to end extreme poverty. It will be extraordinarily hard, especially in a period of slower global growth, volatile financial markets, conflicts,… Read More »We are the first generation in human history … again

A screenshot of the cover of the magazine, Great Insights, published by ECDPM

Innovative financing for development: as if social returns, incentives, and value for money really mattered

There is an article by Theo Talbot and me in the latest edition of ECDPM’s Great Insights Private Sector Matters. We argue that rather than subsidising inputs or reducing risk to leverage private finance for development, it would be more effective for public sector actors such as donors to provide subsidies linked to a firm’s success or performance in terms of development impact. (This is a shorter and more accessible version of our recent CGD Working Paper.) You can read the article here.