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Blog Post
May 10, 2024
It was hit-and-miss for a while—there were a good few weeks when I thought the UK would just completely forego spring and summer and transition directly from winter into autumn—but there are tentative signs of summer in London. London in the summer is a bit like a bird that spends 11 months of the y...
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 ...
CGD NOTES
May 07, 2024
IDA faces many headwinds—difficult aid politics in key donor countries; a high-interest rate environment that renders its financial model less efficient; and deteriorating credit quality in many of its client countries that makes risk taking less appealing. Breaking the $100 billion mark is not a po...
Blog Post
May 03, 2024
One of the things I missed last week was Jishnu Das’s excellent, heartfelt piece about the state of development economics. But he’s not talking about causal identification or taking potshots in the war on randomization, but about the deeper values that he suggests have gone missing from the discipli...
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...
April 11, 2024
Ahead of the highly anticipated World Bank-IMF Annual Meetings in Marrakesh, the Center for Global Development has unveiled a groundbreaking tool—the MDB Reform Tracker. This tracker explores how the six largest multilateral development banks are tracking against three major reform agenda:
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 27, 2024
After an almost two-year lull, sub-Saharan African issuers are clawing their way back into international markets. In close succession, Côte d’Ivoire, Benin, and Kenya issued $4.85 billion worth of Eurobonds in the first quarter of 2024. The bond offerings were as much as six times oversubscribed, in...
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...