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CGD NOTES
May 24, 2022
The first section of this note examines the causes and consequences of Afghanistan’s financial crisis and lays out policy options the international community can support to enable urgent financial flows and restore the basic functioning of the Afghan financial system. The next section examines prosp...
CGD NOTES
February 24, 2022
The worldwide shock inflicted by COVID-19 had the making of a “perfect crisis:” the kind that should not be wasted. Indeed, it could serve as an opportunity to initiate major reforms. Unfortunately, Pakistan, like virtually all other countries, has permitted the opportunity to go waste. Pakistan may...
CGD NOTES
August 19, 2021
Vietnam’s development since the early 1990s has given new life to the East Asian export-led growth model. For late starting economies, Vietnam’s experience provides valuable lessons not only on the policy initiatives that can deliver positive results, but also on the inevitable and the potentia...