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Blog Post
February 19, 2024
One of the few silver linings from Brexit for the UK has been the increase in non-EU migration. But this has led to renewed concerns about a “brain drain”, the notion that the exodus of skilled workers from poorer countries will leave them unable to meet their own development goals. Yet these concer...
Blog Post
June 07, 2023
Humanitarian crises are increasingly protracted and complex, lacking clear solutions and paths to reach the most-affected individuals and communities. Implementers need to constantly reflect on what is and what is not working within, and adapt accordingly. Our Re:Build project has been attempting t...
Blog Post
March 09, 2023
Many advanced-economy countries are looking for ways to recycle their excess Special Drawing Rights (SDRs) to support more vulnerable countries whose economies are being buffeted by the economic aftermath of the COVID-19 pandemic and the Russian invasion of Ukraine. The G20 has pledged $100 billion ...
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
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
November 29, 2022
The Global North can make an immediate down payment on the promises made at COP27 to increase financing for emerging markets and developing countries. How can countries ensure that funding starts to flow now? By pushing the limits of the funding mechanisms already in place.
Blog Post
September 06, 2022
Cameroon has long welcomed people fleeing crisis, and today hosts a diverse population of more than 460,000 refugees, asylum-seekers, and one million internally displaced persons (IDPs). Under the leadership of Paul Biya—the “second-longest-ruling head of state in the world who isn’t a monarch”—Came...