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Blog Post
October 13, 2021
The World Bank’s International Development Association (IDA), the largest single source of concessional financing for development in lower-income countries, is under-utilized in the world’s fight against pandemics, and can deploy its resources and expertise to play a much more significant role in th...
Blog Post
October 12, 2021
With the recent allocation of special drawing rights (SDRs)—a reserve asset issued by the IMF—to help countries weather the economic effects of the pandemic, the international discussion has shifted to ways to rechannel a portion of the SDRs that were allocated to high-income economies. The focus ha...
Blog Post
October 06, 2021
Anyone who follows the media on development finance will not be surprised if the corridor talk at the upcoming Annual Meetings of the World Bank and International Monetary Fund (IMF) is affected by the recent World Bank decision to discontinue the Doing Business Index. These discussions will invaria...
CGD NOTES
September 30, 2021
The IMF should set up a Global Resilience Trust (GRT) without delay, allowing at least $50 billion from the recent special drawing rights (SDR) allocation to be channeled to low- and middle-income countries. In an earlier note, we explained the elements needed for the GRT to meet these va...
Blog Post
September 21, 2021
Regardless of the institutional home and scope, there are four essential attributes to build into the financial intermediary fund (FIF)’s design, drawing on lessons learned from existing global funding entities and the broader global governance community. While these elements are intuitive in t...
Blog Post
September 09, 2021
Through its European Investment Advisory Hub, the European Union (EU) has built solid experience in project preparation within its own borders by connecting project promoters and intermediaries with advisory partners who work directly together to help projects reach the financing stage. Building on ...
WORKING PAPERS
September 01, 2021
Education systems regularly face unexpected school closures, whether due to disease outbreaks, natural disasters, or other adverse shocks. In this paper we evaluate the effectiveness of live tutoring calls from teachers using an RCT with 4,399 primary school students in Sierra Leone.
Blog Post
September 01, 2021
When schools in Sierra Leone closed last March, the government was more ready than many to respond. We designed a randomised control trial which assigned 4,399 students from 25 government primary schools to receive—in addition to the standard access to the government’s broadcast that all students re...