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Blog Post
May 19, 2023
In recent years, the international constituency for development has expanded beyond the Organisation for Economic Cooperation and Development's (OECD) Development Assistance Committee (DAC). At a time when the global nature of development challenges requires utilizing diverse skills, knowledge, and ...
Blog Post
May 12, 2023
In this blog post, we examine the rise of several of today’s big military spenders. These risers were not in the top ten spenders in 1990, but high rates of economic growth allowed them to allocate more dollars to the military, displacing countries higher in the list, including G7 nations.
Blog Post
April 27, 2023
The IMF should be applauded for implementing the Resilience and Sustainability Facility (RSF). That said, it is highly improbable that extending RSF financing to an additional 44 countries will be feasible in the next one or two years as it would require a major change in the mindset of borrowing co...
Blog Post
March 28, 2023
In April 2022, the IMF board approved the establishment of the Resilience and Sustainability Trust (RST) to provide financial support to countries addressing two key long-term structural challenges, climate change and pandemic preparedness. Almost a year late, the board has approved RST-supported pr...
Blog Post
February 01, 2023
In December 2022, the international development community gathered in Geneva (and online) for the third High-Level Meeting (HLM) of the Global Partnership for Effective Development Cooperation (GPEDC). In recent years, declining political interest and stalled progress towards effectiveness targets h...
Blog Post
January 26, 2023
With the abandonment of its Zero COVID policy, the Chinese economy is expected to rebound and contribute substantively to global economic growth in the latter part of 2023. This is projected to add to world demand for oil, more than offsetting falling demand from advanced countries whose economies a...