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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
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...
Apr
18
2024
HYBRID
Washington, DC
9:00—10:00 AM ET / 2:00-3:00 PM BST
March 27, 2024
In the margins of the 2024 World Bank IMF Spring Meetings, the Center for Global Development is set to convene leading development policymakers to discuss the implications of the changing landscape for Official Development Assistance (ODA) and explore how—and on what—to use it most effectively.
Blog Post
March 26, 2024
There was a very disappointing development at the IMF Executive Board earlier this month—the postponement of a formal decision on whether special drawing rights (SDRs) could be recycled to the hybrid capital scheme proposed by two multilateral development banks (MDBs), the African Development Bank (...
Blog Post
February 23, 2024
The Re-thinking Development Cooperation (RDC) Working Group has established itself as a novel informal forum for building partnerships and strengthening learning both from, and about, participating agencies. We reflect on the first year of this new initiative; highlight key lessons from the group’s ...
Blog Post
December 06, 2023
As COP28 draws on, major multilateral development banks (MDBs) and the International Monetary Fund (IMF) have made flashy announcements about their desire to expand debt-for-nature swaps. About a year ago, we warned against overestimating the efficacy of such swaps in addressing both climate change...
Nov
21
2023
VIRTUAL
9:00—10:30 AM ET / 2:00-3:30 PM GMT
November 06, 2023
For this event, the Center for Global Development brings together the perspectives of country policy makers and regulators, fiscal policy experts, and researchers to share insights on how some countries are already leading in application and on how other countries can benefit. Solutions are in part ...
Blog Post
November 02, 2023
Geopolitical risks are rapidly converging, making the world more crisis-prone and precarious. Faced with a near economic collapse in some low and lower middle-income countries, the escalating devastation of climate-related disasters aggravating existing vulnerabilities, and a sharp rise in conflicts...
Blog Post
October 30, 2023
In August 2021, as the world continued to grapple with the far-reaching effects of the ongoing global pandemic, the International Monetary Fund (IMF) took a significant step to help. Recognizing the unprecedented challenges faced by nations, the IMF issued an allocation of US$ 650 billion worth of S...