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Blog Post
June 30, 2021
A new allocation of Special Drawing Rights (SDRs) amounting to some $650 billion is now expected the end of August. This allocation of an IMF reserve asset, intended to help countries weather the economic crisis created by COVID-19, will be more than 2½ times the size of the last allocation and subs...
Blog Post
May 21, 2021
President Biden’s announced target to achieve a 50 percent reduction in greenhouse gas emissions within a decade is a tremendous boon to the Paris Climate Agreement goals. Without diminishing the positives of this reset of US policy, it is still important to remember that, with any seismic shift, th...
Blog Post
May 06, 2021
CGD’s education program is launching the Partnership for Research on Progress and Resilience in Education (PREPARE), a consortium of research institutions who will work together to produce rigorous evidence on the most important education challenges posed by COVID-19. In this blog, PREPARE partners ...
Blog Post
April 29, 2021
The decision to allocate $650 billion of special drawing rights from the International Monetary Fund to the global economy is welcome. One way to use this extra ration of global liquidity will be to bolster the concessional lending pot the IMF has to help low-income countries—the Poverty R...
Blog Post
April 21, 2021
Even before the Biden-Harris administration took office, they made clear that one of their top international priorities would be renewing the United States’ commitment to multilateralism. Within the international financial institutions (IFIs)—the World Bank and the International Monetary Fund (IMF)—...