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Blog Post
June 17, 2022
Ahhh, it’s the most magical time of year, with Christmas carols, and presents, and Love, Actually and It’s a Wonderful Life! That’s right, Christmas! Well, it is in CGD Europe, where our pandemic- delayed Christmas party has been reorganised for today, and frankly, the ambience is much, much more my...
Blog Post
June 10, 2022
The best thing I read this week was Michael Nielsen’s long, thoughtful, erudite criticism of Effective Altruism, the moral philosophy that argues for us to adopt an approach to life that relies on evidence and logic to establish how to achieve the most good for others over time, and to apply that un...
Blog Post
May 30, 2022
As international support for Ukraine ramps up, IMF special drawing rights (SDRs) are being brought into the mix. European Council president Charles Michel supported the Ukrainian Minister of Finance’s call to reallocate ten percent of unused SDRs to Ukraine. But it is unclear what this ten percent ...
Blog Post
May 25, 2022
After the IMF’s August 2021 allocation of $650 billion worth of special drawing rights (SDRs), the G20 pledged to recycle $100 billion worth of that allocation from high-income countries to middle- and low-income countries. These recycled SDRs—not needed by advanced economies—would help lower-income...
Blog Post
May 18, 2022
Just as the human body needs blood and a car needs oil, the world’s economy needs US dollars to support global trade and the international financial system. Since the Russian invasion of Ukraine, central banks have been charged with the “simple” task of keeping economies afloat by containing inflati...
Blog Post
May 13, 2022
Ok everyone, it’s clear where your time should go today. After five (loooong) years, during which his music became the soundtrack of one of the most important social movements of the century, Kendrick Lamar’s new album dropped today and you cannot start listening too soon. Within the first 90 second...