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Blog Post
May 31, 2024
Well, that was an eventful week. We’re one week into the UK General Election campaign, which has so far been conducted with all the dignity of a Rooney family wedding. We’ve had internecine fighting, a spate of retirements, MPs mocking their own policy platforms and what can only be described as a s...
Blog Post
May 24, 2024
This has been a week of extremes for me: I spent the first part of the week basking in sunshine in Barcelona for a (very good) conference, meeting people from around the world working on interesting problems, eating incredibly good food and enjoying one of the more walkable cities I’ve visited. And ...
Blog Post
May 17, 2024
It was a long, hard slog, and there have been a number of setbacks (not least days on end of merciless grey skies and rain), but London has finally settled into a real, actual summer. That means two things: first, everyone is in a ridiculously good mood. We get three weeks of sunshine a year, and it...
Blog Post
May 16, 2024
Development cooperation has reached a crossroads. Humanitarian needs are rapidly increasing as violent conflicts erupt and continue, and geopolitical rivalry is contributing to a more fragmented development landscape. Difficult economic conditions in many of the poorest countries are paired with shr...
Blog Post
May 15, 2024
On Friday, May 10, 2024, the IMF Executive Board approved the recycling of special drawing rights (SDRs) to multilateral development banks (MDBs) for use as hybrid capital. It took a long time to get to this point, and the IMF should be congratulated for overcoming strong opposition, even from some ...
Blog Post
May 10, 2024
It was hit-and-miss for a while—there were a good few weeks when I thought the UK would just completely forego spring and summer and transition directly from winter into autumn—but there are tentative signs of summer in London. London in the summer is a bit like a bird that spends 11 months of the y...
Blog Post
May 03, 2024
One of the things I missed last week was Jishnu Das’s excellent, heartfelt piece about the state of development economics. But he’s not talking about causal identification or taking potshots in the war on randomization, but about the deeper values that he suggests have gone missing from the discipli...
Blog Post
April 26, 2024
The links are back after a two-and-a-half week break in Argentina, and to be honest, my brain is still not fully re-engaged. Argentina is a hard place to be an economist: announcing your profession begets many questions, some of them hostile, and all of them difficult. It’s an amazing place: friendl...
CGD NOTES
April 11, 2024
The reform agenda is long and complicated. MDB shareholders, managers, and other stakeholders need a systematic way to assess progress as objectively and independently as possible. CGD has built this MDB reform tracker for this purpose. The aim is a comprehensive tool, but also a focus on reform pro...
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...