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Blog Post
June 16, 2023
The International Monetary Fund (IMF) needs more subsidy resources to continue its concessional lending to low-income countries (LICs) at current levels. Following the example set by the United Kingdom, lenders to the IMF's Poverty Reduction and Growth Trust (PRGT) can build subsidy resources into t...
Blog Post
June 05, 2023
Recent CGD events have shown several bright spots for the evidence-informed policy agenda, demonstrating leadership commitment to evidence generation and use. The new World Bank president, Ajay Banga, called for the institution to deepen its role as a knowledge bank in a recent speech at CGD. Newly ...
Blog Post
June 02, 2023
Current resources for the IMF's PRGT are not sufficient to support continued high demand. The problem is the lack of subsidy resources, which has worsened markedly in the current environment. Donors will have to step up or PRGT lending will be curtailed. If donors don’t step up with new commitments ...
Blog Post
May 23, 2023
In November 2021, the G20 pledged to recycle $100 billion of Special Drawing Rights (SDRs) from advanced economies to more vulnerable countries. While these countries jumped on the moment to offer public promises, they've been slower to deliver on those financial commitments. But it is likely that a...
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 01, 2023
Under a new Memorandum of Understanding, USAID, the William and Flora Hewlett Foundation, and CGD plan to partner in exploring locally led evaluation and evidence generation approaches, with an initial focus in sub-Saharan Africa. An opportunity to advance evidence-informed policymaking and locally ...
Blog Post
April 24, 2023
As World Immunization Week kicks off today, childhood vaccination remains among the most cost-effective uses of health spending. Significant progress has been made to expand global vaccine coverage. Yet, rates remain inequitable and highly variable—within countries but also across those in the same ...