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Blog Post
April 26, 2024
The links are back after a two-and-a-half week break in Argentina, and to be honest, my brain is still not fully re-engaged. Argentina is a hard place to be an economist: announcing your profession begets many questions, some of them hostile, and all of them difficult. It’s an amazing place: friendl...
Blog Post
April 15, 2024
In theory, disinvestment offers the potential to release resources for achieving UHC during challenging fiscal times. However, in practice, it is time- and resource-consuming and results in less benefit than expected at the outset. The opportunity cost of launching an initiative needs to be weighed ...
POLICY PAPERS
April 15, 2024
Many low- and middle-income countries are projected to spend less on health over the rest of this decade than they did pre-2020. The adage “more health for the money” is more meaningful than ever—but how do we act on it quickly? Disinvesting from low-value health technologies and interventions is on...
Blog Post
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
Blog Post
April 05, 2024
These links, the second since our makeover, are exceptional in another way: I’m writing them on a Wednesday evening, and they’ll be sent out some time on Friday by my brilliant colleagues in communications. I don’t normally write these ahead of time: they’re drafted directly into an email, with the ...
Blog Post
March 26, 2024
There was a very disappointing development at the IMF Executive Board earlier this month—the postponement of a formal decision on whether special drawing rights (SDRs) could be recycled to the hybrid capital scheme proposed by two multilateral development banks (MDBs), the African Development Bank (...
Blog Post
March 22, 2024
Well, if everything works out, today should be the day you get the snazzy new links email in your inbox, complete with the Economics and Marginalia branding and the new (old) title. Let me know how you like it! On the plus side, I like the logo and the font, and it’s a starting point from which we m...
Blog Post
March 18, 2024
Against the odds, a plucky little IMF engine—the Resilience and Sustainability Trust, or RST—has won plaudits for its efforts to support countries formulating policies to tackle climate change. It has taken up the challenge with only $30 billion as firepower, against the trillions needed from all ...
POLICY PAPERS
March 18, 2024
The IMF’s Resilience and Sustainability Trust (RST) has been operational for over a year, with the first seventeen countries receiving commitments of financial support. But if lending from the RST is to achieve its objectives, the IMF should make it fitter for purpose by taking a radically different...