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Blog Post
July 06, 2023
The IMF’s new Resilience and Sustainability Trust (RST) has gotten a lot of support from donors wanting to recycle their IMF special drawing rights (SDRs). As of June 8, total pledges for the RST amount to $40.6 billion, falling $3 billion short of the initial fundraising target. With few recycling ...
Blog Post
July 06, 2023
Calls for MDB reform have emerged in recent years, including at COP27 and by G20 leaders. These have largely focused on scaling up the amount of funding available. What’s really needed is a paradigm shift: MDBs must evolve both in the work they do and the way they operate to meet the world’s urgent ...
Blog Post
July 06, 2023
USAID administrator Samantha Power’s aim to advance localization—with at least a quarter of funds going directly to local partners—has been widely lauded. A recent USAID report on localization indicates progress towards this goal, but major operational and contractual directions about how to impleme...
Blog Post
July 05, 2023
When the EU adopted its seven-year budget in 2020, few predicted the eruption of a full-scale war two years later at its borders. By the end of 2023, the EU will have provided military, economic and humanitarian support to Ukraine to the tune of EUR35.2 billion since Russia’s invasion. But with spir...
Blog Post
July 03, 2023
The global debate around high-stakes exams is strongly influenced by research from high-income countries. That research emphasises who gets sorted into the “best” schools. An alternative perspective that hasn’t received enough attention takes exams as artificial bottlenecks that prevent many childre...
Blog Post
July 03, 2023
I’m writing this one several thousand feet in the air as I return from my first-ever trip to DC (and indeed the US, as absurd as that sounds)—a flying visit of two days, packed with meeting and almost no time to see the city, so forgive me if this feels a) rushed, and b) tired; that will be because ...
Blog Post
July 03, 2023
UNESCO tells us that only one in seven low- and middle-income countries knows how much learning has been lost due to COVID school closures. Where there has been no measurement, simulations of learning loss are beginning to take the place of empirical facts. Yet countries examine millions of kids eac...