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CGD NOTES
November 01, 2021
After more than a year of grappling with the economic effects of the COVID-19 pandemic, many middle-income countries (MICs) will continue to experience health and economic dislocation for some time to come. While much of the global financial community’s attention has focused on supporting low-income...
Blog Post
October 28, 2021
As governments worldwide explore options to increase liquidity and insulate against the worst consequences of COVID-19, Special Drawing Rights (SDRs) are one means of achieving both goals. In August, the IMF announced the largest allocation of SDRs in history—$650 billion—as a critical step to suppo...
POLICY PAPERS
October 25, 2021
In an updated review of how the COVID-19 pandemic has been affecting women’s and girls’ health in low- and middle-income contexts, we examine 247 studies between January and March 2021 (peer-reviewed papers, pre-prints, and working papers that met specific search terms, and contained empirical analy...
Blog Post
October 12, 2021
With the recent allocation of special drawing rights (SDRs)—a reserve asset issued by the IMF—to help countries weather the economic effects of the pandemic, the international discussion has shifted to ways to rechannel a portion of the SDRs that were allocated to high-income economies. The focus ha...
Blog Post
October 06, 2021
Anyone who follows the media on development finance will not be surprised if the corridor talk at the upcoming Annual Meetings of the World Bank and International Monetary Fund (IMF) is affected by the recent World Bank decision to discontinue the Doing Business Index. These discussions will invaria...
CGD NOTES
September 30, 2021
The IMF should set up a Global Resilience Trust (GRT) without delay, allowing at least $50 billion from the recent special drawing rights (SDR) allocation to be channeled to low- and middle-income countries. In an earlier note, we explained the elements needed for the GRT to meet these va...
Blog Post
September 28, 2021
Evidence shows that, with some exceptions, Texas and the U.S. are running counter to a global trend to expand abortion rights. Over the past 25 years in particular, the global trend has overwhelmingly been that of liberalization of abortion laws, with 18 countries overturning complete bans on aborti...
CGD NOTES
September 23, 2021
The August 23 allocation of SDRs has given low- and middle-income countries (LMICs) breathing space on their balance sheets to confront the monetary and fiscal challenges of the economic crisis induced by the COVID-19 pandemic. In the next few weeks, at the UN General Assembly meetings and the annua...
CGD NOTES
August 18, 2021
The approval of a new allocation of Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) is the first effort to deal with the financial impact of the COVID-19 crisis on a global level. The purpose of this note is to reframe the concept of SDRs and then to outline in broad the types...