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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 08, 2024
Managing pandemics is not just about halting the spread of disease—it's about striking a careful balance between preserving public health and minimizing disruptions to daily life and well-being. Crafting effective policies in such situations requires a deep understanding of factors including how the...
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...
Blog Post
April 02, 2024
Yesterday, the World Health Organization (WHO) published new guidance aiming to support government officials as they negotiate and implement international agreements on health worker mobility. In an era characterized as a “global scramble” for health workers, what does this guidance say and how can ...
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 19, 2024
oughly, six percent of health allocations are estimated to be siphoned away through corruption. Health systems are particularly vulnerable to corruption because of the complex nature of the provision of health care, information asymmetries and financial fragmentation. To advance progress toward UHC,...
Blog Post
March 18, 2024
Against the odds, a plucky little IMF engine—the Resilience and Sustainability Trust, or RST—has won plaudits for its efforts to support countries formulating policies to tackle climate change. It has taken up the challenge with only $30 billion as firepower, against the trillions needed from all ...