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Blog Post
March 31, 2022
The effort to recycle unneeded SDRs from wealthy countries to poor countries was dealt a major setback in an omnibus spending deal recently passed by the US Congress. The final measure failed to include language authorizing the US Treasury to recycle 15 billion SDRs, worth about $21 billion, to the ...
Blog Post
March 18, 2022
Nearly six months into the fiscal year, Congress finally delivered an FY22 spending bill last week. But even after stalled negotiations prompted worries that lawmakers would be unable to reach a deal at all, the final measure is something of a disappointment—failing to deliver sufficient resources t...
Blog Post
March 14, 2022
When sudden shocks like the COVID-19 pandemic cripple an economy’s ability to rapidly raise revenue and reallocate limited resources, multilateral development banks (MDBs) can lead the crisis response. MDBs provide a range of instruments that support countries in different ways and at different peri...
Blog Post
March 01, 2022
Following international condemnation of Russia’s attack on Ukraine, most would agree any action supporting Ukraine’s access to information and communication is welcome, and in this case looks like it has active support by both the U.S. and Ukrainian governments. There are some overarching governance...
Blog Post
February 25, 2022
In December 2021, World Bank shareholders came together for the final meeting on the IDA20 replenishment with a critical opportunity to steer global development objectives over the next three years. Early on in the negotiation process, drawing on our COVID-19 Gender and Development Initiative resear...