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CGD Policy Blogs

 

What Cash Payments Can’t Do: Lessons from #BringBackOurGirls

I have had the privilege of living and working in West Africa for the past 15 years. In 2007, I spent several months in northern Nigeria, interviewing grain traders in cross-border markets. These markets were some of my favorite places in West Africa—bustling, chaotic, open-air markets that brought together hundreds of farmers, traders and consumers, all from different villages and cultures, to exchange, talk and trade. I enjoyed walking through those markets, observing, negotiating and asking questions.

Huh? Stalled IMF Package Would Help Ukraine More Than Ukraine Legislation Will Help Ukraine

Here’s a fact about the IMF reform package, agreed in 2010 in a negotiation led by the United States and since approved by 158 countries, but (embarrassingly and cavalierly) stalled in the US Congress: It would increase Ukraine’s access to IMF resources to deal with its financial troubles by more than twice the special $1 billion of loan guarantees for Ukraine that the Obama Administration has proposed to the Congress — and potentially almost six times as much — at virtually no cost to US taxpayers.