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Blog Post
June 10, 2024
In a new CGD paper, the CAF review holds an important lesson for the IMF which, if acted on, could allow it to greatly increase its support for low-income countries (LICs) while maintaining its robust financial buffers.
The paper also summarizes the financial structure of the IMF’s General Resourc...
Blog Post
June 05, 2024
The latest news on the failed—or stalled—or soon to be completed—pandemic accord negotiations reveal the human frailties of international cooperation. With the messages swinging from despair (the negotiations failed!) to optimism (there will be agreement, come what may!), what might seem like bipola...
Blog Post
May 17, 2024
At a time when global challenges appear daunting and geopolitical rivalries are rising, it is useful to remind ourselves that the past 75 years have seen more improvement in the human condition than ever before. Fifty years ago, half the world lived in extreme poverty, today it is less than one in 1...
Blog Post
May 16, 2024
Development cooperation has reached a crossroads. Humanitarian needs are rapidly increasing as violent conflicts erupt and continue, and geopolitical rivalry is contributing to a more fragmented development landscape. Difficult economic conditions in many of the poorest countries are paired with shr...
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 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 ...
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...