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Blog Post
February 15, 2023
Months of innovative work by AfDB staff have resulted in an attractive SDR recycling scheme that overcomes a major hurdle by successfully embodying the reserve asset characteristic. And it will allow leveraging SDRs to multiply their lending power 3-4 times. Now politicians have to step up and commi...
Blog Post
January 09, 2023
The past year was tumultuous for SDRs, but we’ve now managed to decipher the annual report and extract the must-knows to help you have a more enjoyable experience when you read it! The report covers the first year after the historic allocation of SDR 456 billion ($650 billion) in August 2021 and pro...
CGD NOTES
March 29, 2022
IMF and World Bank 2022 growth projections for emerging markets and developing economies (EMDEs), released in January this year, were not encouraging. They found that deteriorated macroeconomic fundamentals, partly resulting from policy responses to the pandemic, deep institutional deficiencies, and...
Sep
14
2021
2:00—3:00 PM Washington DC Time
July 28, 2021
Extreme episodes of capital flow volatility have long been a concern for policymakers in Latin America because of the threat that they pose to macroeconomic and financial stability. In the decade following the Great Financial Crisis of 2008-09, capital flows seemed to move more in ripples than in wa...
Sep
16
2020
3:00—4:15 PM ET
September 09, 2020
COVID-19 has taken a large toll on lives and on economies in Latin America and the Caribbean and it is far from over. The deep recession and the serious income losses for families and firms may bring significant challenges for financial systems. As a result, good policies will be critical to naviga...
Jul
22
2020
11:30—12:30 PM ET
July 16, 2020
According to IMF and World Bank forecasts, Latin America will be the most affected region by the COVID-19 crisis in terms of economic growth. Varying degrees of lockdowns and the shock to trade, commodity, prices, tourism, and remittances from the pandemic – exacerbated by already weak health system...
Jan
16
2020
9:30—11:00 AM
January 07, 2020
Following a year during which the global economy registered its weakest performance of the past decade, global growth is expected to recover slightly in 2020. However, the global economy is confronted by numerous risks, including trade tensions, financial stress, and geopolitical concerns. The mater...
Oct
17
2019
2:00—3:30 PM
September 30, 2019
As countries grow to middle-income status and gain access to commercial lending, the development community is increasingly at odds as to if and how multilateral development banks (MDBs) should continue to lend to middle-income countries (MICs). Part of the community is of the view that MDB lending a...
Apr
10
2018
9:30—11:30 AM
March 26, 2018
Since the early 2000s, Latin America has become increasingly integrated with the global economy, liberalizing trade and opening its capital account. These initiatives were prompted by the assumption that advanced economies would not impose barriers to the cross-border movement of goods and services....