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Blog Post
June 10, 2024
In a new CGD paper, the CAF review holds an important lesson for the IMF which, if acted on, could allow it to greatly increase its support for low-income countries (LICs) while maintaining its robust financial buffers.
The paper also summarizes the financial structure of the IMF’s General Resourc...
WORKING PAPERS
June 10, 2024
The IMF was not included in the recent review of multilateral development banks’ capital adequacy frameworks that proposed reforms to allow them to expand their lending to developing countries. The paper considers whether this review contained lessons for the IMF despite its distinct role and financ...
Blog Post
June 06, 2024
Gyude speaks with Dr. Stephen Adaawen of the University of Groningen about the different types of human mobility and their complexities, the disproportionate impact of climate change on unplanned settlements, and the unique burdens of climate-related migration on African women and children.
Blog Post
May 31, 2024
The African Growth and Opportunity Act (AGOA) is up for renewal this year. AGOA is a cornerstone of US-Africa economic relations, and has enjoyed bipartisan support for nearly a quarter century. But it's showing its age. A lot has changed since Bill Clinton signed the bill back in 2000—not least, th...
Blog Post
May 28, 2024
Over the last 10 years, the international Decision Support Initiative (iDSI) has supported countries across Africa and Asia to develop national priority-setting processes. This month, in partnership with 15 iDSI authors, we have published a review of the successes, challenges, and lessons learned du...
Blog Post
May 21, 2024
This week, Kenyan President William Ruto will be the first African leader to receive an official state visit since President George W. Bush invited Ghanaian President John Kufuor in 2008. President Ruto is traveling to Washington to mark the 60th anniversary of US-Kenyan diplomatic relations. But un...
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 14, 2024
Richer aging countries need educated young workers to provide the services and entrepreneurial talent to sustain their quality of life. A growing population of young, increasingly educated people in poorer countries, and especially in Africa, need good jobs and greater opportunities. More trade in s...
Blog Post
May 10, 2024
Here is a Mother’s Day shout-out to all the mothers working at international financial institutions (IFIs) around the world, and especially to mothers at the two banks I know best: the World Bank and the Inter-American Development Bank, where I worked for a total of almost two decades with at least ...
Blog Post
May 01, 2024
At the core of African food insecurity are the continent’s notoriously low crop yields—the amount of produce farmers harvest relative to the area of land they farm. And one of the main reasons for low yield compared to other regions is that African countries, on average, use far less fertilizer to b...