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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
As the Center for Global Development’s inaugural Evidence in Policy Fellow, I just finished an extended engagement to help increase data and evidence use in the State Department’s Office of Foreign Assistance. While at State, I spent much of my time leading and participating in the work of the inter...
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 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...
CGD NOTES
March 15, 2024
The November guidance on RSF seems to have addressed some of the shortcomings observed in the initial RSF programs. However, as we highlight in this note, other deficiencies remain unresolved and require attention from the IMF’s Executive Board during the upcoming RSF review.
Blog Post
March 04, 2024
Despite significant financial and political commitment, the international community's track record in state-building in fragile contexts has been poor. Only in the few instances of reform-minded governments with strong local leadership—like Rwanda—has lasting progress been accomplished. Most fragile...