Subscribe
Subscribe today to receive CGD’s latest newsletters and topic updates.
All Commentary
Filters:
Topics
Facet Toggle
Content Type
Facet Toggle
Blog Type
Facet Toggle
Time Frame
Facet Toggle
Blog Post
January 09, 2023
The past year was tumultuous for SDRs, but we’ve now managed to decipher the annual report and extract the must-knows to help you have a more enjoyable experience when you read it! The report covers the first year after the historic allocation of SDR 456 billion ($650 billion) in August 2021 and pro...
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
October 04, 2022
The 2021 allocation of $650 billion of Special Drawing Rights (SDRs) was heralded by many as a needed shot in the arm to the global economy. While many countries have made good use of their part of the SDR pie, the hope that advanced economies would share their excess SDRs with more vulnerable coun...
Blog Post
September 29, 2022
The scale of IMF lending to low-income countries since 2020, carried out through the Poverty Reduction and Growth Trust (PRGT), was a bright spot in the otherwise lackluster multilateral response to the pandemic. But the rise in lending stretched thin the PRGT’s resources. The size of the resulting ...