In timely and incisive analysis, our experts parse the latest development issues and events, providing practical solutions to new and emerging challenges.
International institutions, development agencies, and the global development community must step up to assist the growing financial and humanitarian crisis. CGD experts advise.
It is surely an urgent moment for multilateral support from the IMF and World Bank. And yet, the institutions’ financial statements suggest that support is declining. Figuring out why and what to do about it should be priority one at the upcoming World Bank-IMF annual meetings.
The 2021 allocation of $650 billion of Special Drawing Rights (SDRs) was heralded by many as a needed shot in the arm to the global economy. While many countries have made good use of their part of the SDR pie, the hope that advanced economies would share their excess SDRs with more vulnerable coun...
Most R&D money flows from the private sector, which aims to maximize returns on investment. As a result, health R&D largely skews towards rich countries’ priorities and health system technical capacities, leaving significant gaps in diseases that primarily affect poor and marginalized populations.
The World Bank/IMF Annual Meetings begin next week—against a backdrop of mounting economic crises and uncertainty. How can we reduce global debt? Rethink the MDB/IMF system to address pressing issues like pandemics, climate change, and food security? Support poor countries where they need the most a...
So far, 16 donors have made pledges the Financial Intermediary Fund (FIF) for Pandemic Preparedness and Response, totaling $1.4 billions. But this time next year, what will the new fund have accomplished?
Governments still need to be convinced to prioritize childcare. Context-specific data on ROI canna help with this. CGD and the World Bank’s Early Learning Partnership convened a series of technical workshops aimed at informing the approach of the newly launched World Bank Group (WBG) Invest in Child...