May 4, 2021
Unleashing the Climate Market
The stars are aligning for 2021 to be a year of significant action on climate change. A comprehensive push by the SEC would bend the curve even more profoundly toward a more sustainable future.
Views from the Center
September 28, 2020
The Curse of Falling Expectations
When a society goes from broadly shared growth to a state of malaise or decline, the ensuing pain is not just economic but psychological. Now that tens of millions of people in developing countries are suffering precisely such a reversal of fortune, the political fallout is sure to be tumultuous.
August 27, 2020
Honoring Elaine Wolfensohn’s Life and Legacy
As the current and former leaders of the Center for Global Development, we express our deepest condolences to the family and friends of the late Elaine Wolfensohn. Elaine and Jim Wolfensohn have been friends and supporters of CGD since its inception.
August 21, 2020
What We’re Reading in Summer 2020
In a year marked by pandemic and protest, good books are more important than ever. We're back with more hand-picked recommendations from CGD's staff and researchers to help you better understand, empathize with, or escape the world.
June 30, 2020
“Sad:” The US Is Backing a US Citizen to Head the Inter-American Development Bank
For the US to back an American candidate as president disrupts an arrangement that has been fundamental to the bank’s effectiveness as a development institution investing in better lives and livelihoods in its borrowing member countries.
June 22, 2020
To Bolster Global Health Security, What About IMF Gold?
A simple way to guarantee an adequate flow of long-run, sustained funding for health surveillance and disease control, and to prepare for the next novel virus in the world’s poor countries, is to create an endowment dedicated to that purpose. A $10 billion endowment could generate income of $500 million a year.
June 8, 2020
Resilience in Developing Nations
There are two ways to look at progress in the developing world context. I think the right way to look at it is that there has been tremendous success. The downside is that, as we see with the threat of COVID as well as the risk of more natural disasters because of climate change, that they and the economies in which they live and work, are vulnerable - lacking resilience, obviously, especially now.
May 26, 2020
Citizens of the World, Reunite!
The COVID-19 pandemic has reinforced destructive nationalism, but it has also highlighted the necessity of international collaboration. Global-minded citizens—starting in the United States—must now push their governments to cooperate and support multilateral institutions
May 19, 2020
New SDRs? That Pesky 85 Percent Approval
Last week Senator Bernie Sanders and Congresswoman Ilhan Omar sent a letter signed by hundreds of lawmakers from 40 countries to the heads of the International Monetary Fund (IMF) and the World Bank, urging them to greatly increase the access of developing countries to financial assistance. They called for a new issue of Special Drawing Rights (SDRs) at the IMF, echoing the earlier plea of Gordon Brown and Larry Summers for at least $1 trillion in new SDRs.
April 20, 2020
In Appreciation of Paul O’Neill’s Belief in Global Development as Treasury Secretary, CGD Board Member
Not enough will be said about Paul O’Neill's discovery of and his quiet support for global development, including for debt relief to Africa, during his time in Bush’s cabinet. O’Neill also leaves an indelible mark on CGD, for which I will always be grateful.
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