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Blog Post
May 10, 2024
Here is a Mother’s Day shout-out to all the mothers working at international financial institutions (IFIs) around the world, and especially to mothers at the two banks I know best: the World Bank and the Inter-American Development Bank, where I worked for a total of almost two decades with at least ...
Blog Post
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
Blog Post
March 26, 2024
There was a very disappointing development at the IMF Executive Board earlier this month—the postponement of a formal decision on whether special drawing rights (SDRs) could be recycled to the hybrid capital scheme proposed by two multilateral development banks (MDBs), the African Development Bank (...
Blog Post
December 06, 2023
As COP28 draws on, major multilateral development banks (MDBs) and the International Monetary Fund (IMF) have made flashy announcements about their desire to expand debt-for-nature swaps. About a year ago, we warned against overestimating the efficacy of such swaps in addressing both climate change...
Blog Post
November 16, 2023
Well done Andrew Mitchell. On Monday he will unveil the UK’s first White Paper on development for 14 years, and the first credible statement of policy and intent on the subject of any kind for more than a decade. (Yes, there have been previous documents claiming to be strategies, including Liz Truss...