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Blog Post
May 22, 2023
This week, the African Development Bank (AfDB) will hold its annual meeting in Sharm El Sheikh, Egypt. This is the right moment for its shareholders and other donors to commit to allocating some of their excess Special Drawing Rights (SDRs) to the hybrid capital fund that the AfDB has proposed to ...
Blog Post
April 03, 2023
The world has changed since the creation of the International Monetary Fund and the World Bank—the world’s first international financial institutions—over 75 years ago. The shared challenges facing humanity have only grown more pressing and existential. From pandemics to climate change to financial ...
Blog Post
March 01, 2023
Last week I was just thinking about writing a blog about a new economics working paper, when I got access to the new Bing AI chatbot, trailed as yet another improvement on ChatGPT and with up to date internet access. It turns out Bing can write a very passable blog summary of a working paper recentl...
Blog Post
November 17, 2022
Foreigners don’t receive much of America’s $35 billion annual foreign aid budget, at least not directly. Less than ten percent goes to local charities, companies, or governments in developing countries. The Biden administration, like past administrations, is trying to reform the system. But it needs...