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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
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 03, 2024
Global health is fundamentally undermined by power imbalances. Those who have the least access to health care, generally, have the least power to influence global health. This blog looks at one imbalance—the concentration of power in the hands of global health donors, in relation to governments and ...
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...
CGD NOTES
March 28, 2024
Over the past two decades, China has become a distinctive and increasingly important donor of development assistance for health (DAH). However, little is known about what factors influence China’s priority-setting for DAH. In this study, we provide an updated analysis of trends in the priorities of ...
Blog Post
March 26, 2024
There was a very disappointing development at the IMF Executive Board earlier this month—the postponement of a formal decision on whether special drawing rights (SDRs) could be recycled to the hybrid capital scheme proposed by two multilateral development banks (MDBs), the African Development Bank (...
Blog Post
March 25, 2024
A new institutional strategy for the years 2024–2030 was just approved by the Board of Governors at the annual meeting of the Inter-American Development Bank (IDB). This comes one year after Ilan Goldfajn assumed the presidency of the organization with a commitment to establish clear priorities and ...
Blog Post
March 20, 2024
In global development and global health circles, the euphemism “graduation” refers to the “transition” to “sustainability,” another euphemism for the reduction in, and ultimately ending of, support from a donor to a recipient country. But what happens to countries after they graduate? In this piece ...