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POLICY PAPERS
September 29, 2022
The IMF’s concessional lending to low-income countries through its Poverty Reduction and Growth Trust (PRGT) has risen dramatically since the start of the pandemic and demand for the PRGT resources is expected to remain above pre-pandemic levels for quite some time. But the surge in lending has stra...
Blog Post
September 28, 2022
Development agencies are operating in an increasingly complex development landscape, defined by a “perfect long storm” of interconnected challenges. In this context, agencies will face tough choices related to how, where, and on what to spend limited development resources, as well as questions about...
Blog Post
September 06, 2022
Across Africa, every country has designed its energy mix to include a transition away from fossil fuels. How the different regions of the world contribute to a climate solution will become progressively more fraught given that culpability for the crisis is differentiated. Because African countries’ ...
CGD NOTES
August 31, 2022
When the G20 pledges of $100 billion of SDR recycling materialize, there will no doubt be much self-congratulatory celebration. But the celebrations will be meaningless if the SDRs do not make their way to the low- and middle-income countries (LMICs) that need them. Will we be able to tell if the SD...
Blog Post
August 31, 2022
In an attempt to make SDR data a bit more decipherable—and because exploring SDRs data can be quite amusing (despite what your friends and family might say)—we have decided to publish our own monthly updates on the SDR holdings data in the form of a blog post. In each post we’ll highlight the mechan...
Blog Post
August 26, 2022
A lot of people working in global development—including many at CGD like me—would like to see the World Bank’s lending arm for richer developing countries play a larger role financing global public goods like climate change mitigation and pandemic preparedness. That would take a larger IBRD, likely...
WORKING PAPERS
August 08, 2022
Low tax compliance in low- and middle-income countries around the world limits the ability of governments to offer effective public services. This paper reports the results of a randomly rolled out text message campaign aimed at promoting tax compliance among landowners in Dar es Salaam, Tanzania. L...
Blog Post
August 04, 2022
At the July G20 meeting of finance ministers and central bank governors, a panel of experts (of which I was one) presented their report on the capital adequacy of the MDBs. Why care? the answer, quite simply, is that hundreds of billions of dollars are at stake. As with any bank, small changes in th...