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Blog Post
August 23, 2023
Nearly two years have passed since the G20 committed to recycling $100 billion of Special Drawing Rights (SDRs) from advanced economies to support more vulnerable countries. The most recent allocation of SDRs, the international reserve asset issued by the International Monetary Fund (IMF), was inten...
Blog Post
July 25, 2023
As the RST builds momentum and scores of countries seek its concessional loans and technical assistance, a new CGD paper, The Resilience and Sustainability Trust: Early Learning and Challenges from Costa Rica and Rwanda, provide early learning from the point of view of lower-income countries themsel...
Blog Post
July 14, 2023
It’s rare to read an education report that doesn’t mention the learning crisis. As data on low learning levels have emerged in recent years, global education aid has swung its focus sharply toward improving test scores among primary school children. Of course, learning to read is a good thing in its...
Blog Post
July 06, 2023
The IMF’s new Resilience and Sustainability Trust (RST) has gotten a lot of support from donors wanting to recycle their IMF special drawing rights (SDRs). As of June 8, total pledges for the RST amount to $40.6 billion, falling $3 billion short of the initial fundraising target. With few recycling ...
Blog Post
July 03, 2023
The global debate around high-stakes exams is strongly influenced by research from high-income countries. That research emphasises who gets sorted into the “best” schools. An alternative perspective that hasn’t received enough attention takes exams as artificial bottlenecks that prevent many childre...
Blog Post
July 03, 2023
UNESCO tells us that only one in seven low- and middle-income countries knows how much learning has been lost due to COVID school closures. Where there has been no measurement, simulations of learning loss are beginning to take the place of empirical facts. Yet countries examine millions of kids eac...
Blog Post
June 20, 2023
This is the third of our biennial updates on global education aid finance. In these posts we examine aid data from the OECD, analysing how much aid is going to education, where it is allocated, by who, and through what channels. The latest available data, which we use for this analysis, is from 2021...