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Blog Post
April 26, 2024
The links are back after a two-and-a-half week break in Argentina, and to be honest, my brain is still not fully re-engaged. Argentina is a hard place to be an economist: announcing your profession begets many questions, some of them hostile, and all of them difficult. It’s an amazing place: friendl...
CGD NOTES
April 11, 2024
The reform agenda is long and complicated. MDB shareholders, managers, and other stakeholders need a systematic way to assess progress as objectively and independently as possible. CGD has built this MDB reform tracker for this purpose. The aim is a comprehensive tool, but also a focus on reform pro...
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 05, 2024
These links, the second since our makeover, are exceptional in another way: I’m writing them on a Wednesday evening, and they’ll be sent out some time on Friday by my brilliant colleagues in communications. I don’t normally write these ahead of time: they’re drafted directly into an email, with the ...
Blog Post
March 22, 2024
Well, if everything works out, today should be the day you get the snazzy new links email in your inbox, complete with the Economics and Marginalia branding and the new (old) title. Let me know how you like it! On the plus side, I like the logo and the font, and it’s a starting point from which we m...
Blog Post
March 21, 2024
As many developing countries approach universal enrollment in primary school, the World Bank has emerged as one of the most prominent advocates for a pivot “from schooling access to learning outcomes” in recent decades. The most recent education strategy of the Bank, adopted in 2011, emphasizes the ...
WORKING PAPERS
March 21, 2024
Since 2011, the World Bank’s education strategy has emphasized the need to shift focus from schooling to learning, and towards primary education with special attention to foundational skills. But this shift is not always easy to see in the actual lending data. Coding new details on 25 years of World...
Blog Post
March 21, 2024
Many developing countries are facing an impossible situation. With the impact of cascading crises, the gulf between their financing needs and the resources available to them is widening. The combination of elevated interest rates, weakening currencies and low credit ratings are excluding them from c...
POLICY PAPERS
March 21, 2024
Already constrained by the economic aftershocks of COVID-19, the impact of the war in Ukraine, and the food and climate crisis, low-income countries and lower-middle-income countries now face a combination of soaring debt and high interest rates. Confronted with insufficient liquidity to respond to ...
CGD NOTES
March 20, 2024
Development finance institutions (DFIs) and bilateral development agencies play different yet complementary roles that ultimately aim to achieve the Sustainable Development Goals. But questions remain about how well this relationship works in practice. Recent analysis suggests that DFI and developme...