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Blog Post
November 30, 2022
SDRs are only part of the answer to Africa's economic and financial challenges. But they can be mobilized quickly and responsively to meet acute needs on the continent. The cost to the United States is essentially zero. The potential benefits to African countries and US credibility are immense.
Blog Post
March 31, 2022
The effort to recycle unneeded SDRs from wealthy countries to poor countries was dealt a major setback in an omnibus spending deal recently passed by the US Congress. The final measure failed to include language authorizing the US Treasury to recycle 15 billion SDRs, worth about $21 billion, to the ...
Blog Post
April 21, 2021
Even before the Biden-Harris administration took office, they made clear that one of their top international priorities would be renewing the United States’ commitment to multilateralism. Within the international financial institutions (IFIs)—the World Bank and the International Monetary Fund (IMF)—...
Blog Post
October 16, 2020
The global economy is gradually healing from the economic blows dealt by the coronavirus pandemic, but the recovery remains fragile and halting. Reduced trade is more a symptom than a cause of those trends—and what governments do in terms of additional fiscal stimulus will do far more to determine t...
Oct
3
2019
4:00—5:30 PM
July 10, 2019
Global trade is facing strong political headwinds in the United States. While evidence shows trade generally yields economic benefits on balance, gains are distributed unevenly. Trade agreements are also negotiated in secret and increasingly address regulatory issues in ways that raise concerns amon...
POLICY PAPERS
June 12, 2019
US trade policy effectively discriminates against poorer countries. In addition, provisions in trade agreements that tilt the playing field in favor of business interests over those of American consumers and workers also often undermine development priorities in partner countries. American policymak...