CGM Insights

CGM Insights features Policy, Issue, and Research Briefs that share new thinking on governance and human well-being. Produced by scholars around the world, these publications reflect CGM’s role as an impartial research hub for ideas, making complex research accessible.

Israeli-Palestinian Correspondent Banking: Recommendations for Change

Center for Governance and Markets, August 8, 2026


Noah Firestone

Israel faces a growing financial governance challenge in Gaza. As the territory's formal economy collapses and informal financial networks expand, Israeli authorities have less visibility into financial activity while Israeli banks face increasing compliance and counterterror financing risks. This brief argues that a tightly controlled, US-regulated, dollar-backed stablecoin system offers a practical alternative to the current approach. By creating a transparent digital payment infrastructure under joint US-Israeli oversight, Israel could improve financial transparency, strengthen counterterror financing enforcement, reduce risks to its banking sector, and preserve greater strategic flexibility while managing Gaza's long-term economic instability.

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Doubling Down on National Development-Not Charity, Not "Decoration": Fulfilling Our Mandate in Tough Times

Center for Governance and Markets, July 17, 2026


Michael Woolcock

Global cuts and shifting priorities have intensified calls to fund targeted interventions for vulnerable populations, though such measures address only a small part of development. Historically, development meant transforming national systems—economic, political, administrative, social—that drive long-term prosperity while retaining vibrant social cohesion. While humanitarian aid remains essential, countries cannot achieve sustained growth or reduced poverty through isolated micro interventions alone. True development requires designing and implementing national strategies that focus on building a capable public sector, making long term investments in governance, delivering high-quality services, and ensuring equal opportunities for all

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Reimagining US Foreign Aid: From Short-Term Relief to Lasting Change

Center for Governance and Markets, May 15, 2026


Faisal Saeed Al Mutar

Over two decades’ worth of US foreign assistance in the Middle East has produced mixed results. The United States has spent tens of billions of dollars on rebuilding infrastructure, strengthening governance, and promoting stability in countries such as Iraq and Afghanistan. Yet much of this investment has failed to create long-term development. Schools were constructed without trained teachers, power plants were operated without maintenance capacity, and bureaucratic inefficiency consumed vast portions of aid budgets. This pattern reflects a deeper flaw in the global aid system. Large, top-down programs often prioritize donor visibility and bureaucratic compliance over local ownership and measurable outcomes. As a result, aid has too often fostered dependency rather than dignity, and inefficiency rather than innovation. A reimagined aid strategy must focus on empowering local actors, rewarding outcomes instead of inputs, and linking development directly to human agency and self-determination. By embracing smaller, faster, and more accountable funding mechanisms, the United States can align its aid strategy with both its values and its strategic interest.

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Reimagining the Delivery of Development Assistance with Blockchain

Center for Governance and Markets, May 8, 2026


Paul Wong

Development assistance is entering a period of significant constraint. Recent funding cuts require development organizations to achieve greater impact with fewer resources, making it essential to modernize the financial infrastructure used to move, safeguard, and account for funds. When deployed effectively, blockchain-based systems can deliver material improvements over legacy ones-reducing friction and opacity in cross-border payments; enhancing financial and operational risk management; enabling real-time transparency, traceability, and auditability of funds; and supporting innovative finance. In doing so, blockchain can help development organizations deliver more with limited resources.

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From Crisis to Craft: Why Development Aid Needs a New Evidence-Use Paradigm

Center for Governance and Markets, March 29, 2026


Kamran L. Hakiman, Ryan Sheely

The collapse of foreign assistance from the United States in 2025—and parallel retrenchments by other donors— has triggered a reckoning in the development field. As policymakers, practitioners, and scholars grapple with what comes next, many debates have returned to familiar ground: Should we double down on evidence-based interventions that “work” or shift power and resources to local actors through adaptive, context-driven approaches? This brief argues that this binary is no longer sufficient. Drawing on research from Kenya, Myanmar, and beyond, we propose a new foundation for the role of evidence in development practice—one that treats policies and programs not as theories to be tested, but as solutions to be designed collaboratively. Development actors, like engineers, must navigate complex, uncertain environments using heuristics, iteration, and embedded expertise. By embracing this mindset, development actors can move beyond the search for universal solutions and toward a craft of development that is humble, reflexive, and fit‑for‑purpose in the current moment.

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Bypassing Gender Apartheid: Public-Private Partnership for Afghan Women's Digital Access

Center for Governance and Markets, March 19, 2026


Hasina Jalal

Afghan women and girls continue to live under gender apartheid, facing systemic exclusion from education, economic opportunities, and public life under the Taliban. Reported large-scale internet disruptions and strict digital restrictions have further isolated Afghan women and girls by cutting off an essential lifeline for learning, social connection, economic activity, and mental well-being. The reported risk of a complete nationwide internet shutdown adds urgency to the need for immediate action. Satellite internet offers a practical and secure alternative to bypass these restrictions and provide access to education, markets, and digital communities for Afghan women and girls. Immediate and long-term strategies include public-private partnerships, access through low-bandwidth and humanitarian connectivity solutions, digital literacy programs, oversight mechanisms, legal advocacy, and sustained international pressure. These strategies can help restore connectivity, empower Afghan women and girls, and ensure that their rights are protected despite ongoing authoritarian restrictions.

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How Administrative Policymaking Fails Alaska Native Subsistence Fishers — and What to Do About It

Center for Governance and Markets, January 20, 2026


Joseph Warren

In Western Alaska, restrictions on subsistence fishing threaten the traditional way of life of Yup’ik Alaska Native communities. To make more fish available for subsistence, community members call for the federal government to curtail commercial fishing in the Bering Sea. Yet there are no direct avenues to ensure public influence in the policymaking process of the relevant federal agencies, and community demands have thus far been largely ignored. This policy brief explains why administrative policymaking fails to incorporate relevant knowledge into policymaking and why community decision-making is a better alternative.

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Pockets of Optimism: Block Clubs and Community Empowerment

Center for Governance and Markets, November 30, 2025


Ed Kornegay

This policy brief discusses the fundamentals and governance of block clubs and then delves into the Center for Poverty Solutions’ 10-year collaborative plan to reduce poverty in Chicago. It describes how community engagement has benefited the center’s Civics and Service Incubator program and has led to the development of a blueprint for a neighborhood employment co-op.

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