Nancy Lee (@Nancyb_Lee) profile picture

Senior Fellow @CGDev. Previously Deputy CEO of https://teapaw.org/t.co/Me1NE1UyTC, CEO at https://teapaw.org/t.co/gylv4lMH1Y, & Deputy Assistant Secretary @ https://teapaw.org/t.co/61NQBsNoJD

Washington, DC
Joined February 2018
Earlier estimates suggested USAID program cancellations could lead to up to 700,000 additional deaths annually. New analysis by @charlesjkenny and @JustinSandefur finds the toll could reach 1 million now and 1.6 million with future cuts. Learn more: go.cgdev.org/4s0Z8w7
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⏰Happening live! Join CGD for a discussion to map the frontier of stablecoins in global development, exploring both the potential for economic benefit and the risks that will require careful navigation. Join the conversation: go.cgdev.org/48LI98B
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With major donors scaling back aid, the Global Fund’s $18B target for 2026–2028 looks out of reach. @JaneenMadan & Clemence Landers propose a rethink of the Global Fund’s donor-dependent model. Learn more about the mixed grant & loan approach: go.cgdev.org/4odMAyJ
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As #COP30 continues, @SamAttridge1 & @charleyward23 argue that there's no better time for @WorldBank's new AgriConnect initiative. They discuss @IFC_org's crucial role in shifting from large corporate lending toward smaller actors and stronger local finance systems: go.cgdev.org/43jVdA8
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“They were careless people, they smashed up things and creatures and then retreated back into their money or their vast carelessness or whatever it was that kept them together, and let other people clean up the mess they had made.” - F. Scott Fitzgerald, The Great Gatsby
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Renewable energy alliance mobilizes $4.2B for green projects in Africa - "...the organization said energy access in Africa was “hindered” by high financing costs driven by perceived risks, limited affordable capital & fragmented energy infrastructure..." semafor.com/article/09/24/20…
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The “China+1” play and friend-shoring were supposed to be the upside to Trump’s trade war for America’s developing-country allies. Alas…
This is an interesting precedent that's being set: companies that went through the effort of shifting some of their production from China to India are deeply regretting it right now, as China ends up with lower tariffs than India. The NYT has a piece on a guy who did just that (nytimes.com/2025/11/02/busin…), just like thousands of other companies, and he "lament[s] the time he had spent on building up production in India. At least for the time being, he said, 'I’m not going to spend any more energy trying to get out of China.'" The piece also quotes Sean Stein, the president of the U.S.-China Business Council, who said that from what he's seeing on the ground companies don't want to relocate out of China anymore because of "the instability and unpredictability of where tariffs might land in other markets" and because there is simply no other place in the world with "the manufacturing ecosystem and cost efficiencies that you get in China." All in all, Trump is managing the rather ironic feat of convincing companies that China is actually the safe, stable choice.
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Tomorrow! @DrSethBerkley joins @rglenner to discuss his new book, Fair Doses: An Insider’s Story of the Pandemic and the Global Fight for Vaccine Equity. They’ll unpack the science & lessons from the global vaccine effort. There's still time to RSVP! ⬇️ go.cgdev.org/4qtZdb7
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Pope Leo quotes Hannah Arendt: “The ideal subject of totalitarian rule is not the convinced Nazi or the convinced Communist, but people for whom the distinction between fact and fiction and the distinction between true and false no longer exist." cbsnews.com/chicago/news/pop…
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The @IMFNews & @WorldBank #AnnualMeetings are right around the corner! 📆 Throughout next week, CGD will host important discussions with leading global development experts, policymakers, and more. Explore the events and register to join us. ⬇️ bit.ly/48rfver
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At its peak, about 1 in 7 deaths in sub-Saharan Africa caused by HIV/AIDS. It is now one in 20. PEPFAR takes a lot of credit. Since the launch of PMI in 2005, death rates from malaria in sub-Saharan Africa are down by a third. This is the time to double down, not walk away.
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One of the real missed turns of development economics was Lin’s stint as World Bank chief economist — a perfect opportunity for the Bank to revisit its ‘90s skepticism of East Asian policies and look for lessons from China’s growth for other developing countries. Didn’t happen.
Latest in Pekingnology Justin Yifu Lin of Peking University says China’s forty years of growth reflect a simple logic: use the latecomer's edge and align state capacity with market forces. Link below
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Oct. 15: Building on an upcoming paper, senior leaders & experts will join @CGDev to discuss what it takes to execute effectively on country platforms. Ft: Alexia Latortue, @RaniaAlMashat, Ivan Oliveira, & @Nancyb_Lee. Register to join ⬇️ #AnnualMeetings bit.ly/4h2GvD5
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Nancy Lee retweeted
People I talk to outside DC do not understand what's happening. On my way to work, three cars surrounded a fourth, five guys got out in masks, wearing no agency name, grabbed a man from the car, shoved them in theirs, and drove off.
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Incredibly relevant to the times we live in
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New research shows that during congressional hearings, Dr. Janet Yellen—then Chair of the US Fed. Reserve—was interrupted more, & more aggressively, than her male counterparts. Eeshani Kandpal links this to broader patterns of workplace bias women face: bit.ly/46v4W9d
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SDRs could be used as MDB capital to boost development finance—without draining reserves. To make that happen, @MarkWPlant explains that three ingredients are needed: political leadership, collective action, and institutional adaptation. More: bit.ly/3TvZSK0
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New blog: There is a bipartisan consensus to preserve lifesaving US foreign assistance. I list twelve large, lifesaving USAID awards that have been cancelled. If we want to avoid a mounting death toll, these awards need to be reinstated.
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