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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...
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
January 31, 2024
In this blog, we outline findings from a new paper that explores the barriers to deeper cross-provider cooperation for development and how such challenges can be overcome. Ultimately, we show that cooperation between providers is limited by differences in their visions and principles for cooperation...
Blog Post
January 31, 2024
Starting from the understanding that cooperative action remains critical to sourcing the resources, skills, and knowledge needed to advance the common Sustainable Development Goals (SDGs), this four-part series focuses on the challenges and opportunities for deepening cross-provider cooperation for ...