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CGD NOTES
March 30, 2022
The IMF is on track to establish its new lending vehicle—the “Resilience and Sustainability Trust (RST)”—that aims to re-channel some $50 billion of newly allocated special drawing rights (SDRs) from rich to developing countries. But there is a catch: the proposed conditions for accessing funds coul...
Blog Post
March 23, 2022
The United States was once a major haven for refugees fleeing violent persecution overseas. Today it is much diminished. The US severely restricted refugee resettlement beginning in 2017. Annual refugee arrivals plummeted by 86 percent by fiscal year 2020—almost all before the pandemic. It is a door...
Blog Post
March 23, 2022
The previous US administration sought to end all US admissions of refugees, people who face violent persecution in their home countries. After four years of work dedicated to refugee exclusion, Trump officials succeeded in slashing admissions by 86 percent. In this blog, I’ll show how the Trump admi...
CGD NOTES
March 08, 2022
Governments have implemented an array of interventions needed to contain the economic impacts of COVID-19. Some of these interventions are not adequately captured in traditional fiscal metrics, such as debt and deficit. One approach to ensuring comprehensive coverage of these interventions and to pr...
CGD NOTES
February 24, 2022
The worldwide shock inflicted by COVID-19 had the making of a “perfect crisis:” the kind that should not be wasted. Indeed, it could serve as an opportunity to initiate major reforms. Unfortunately, Pakistan, like virtually all other countries, has permitted the opportunity to go waste. Pakistan may...
Blog Post
February 23, 2022
On August 23rd, 2021, the IMF allocated $650 billion of Special Drawing Rights to its member countries, in proportion to their quotas. Yet many decried that the distribution of the new allocation was not aimed at those countries that needed it the most. Something had to be done, quickly, t...
TESTIMONY
February 17, 2022
On February 17, 2022, CGD Distinguished Non-Resident Fellow Daouda Sembene appeared before the National Security, International Development, and Monetary Policy Subcommittee of the House Financial Services Committee at a hearing titled “The Role of the International Monetary Fund in a Changing Globa...
WORKING PAPERS
January 28, 2022
The past several decades have witnessed a rebirth of global labor mobility. Workers have begun to move between countries at rates not seen since before World War One. During the same period, economists’ study of international migration has been framed by a particular textbook model of location choic...
Blog Post
January 24, 2022
This blog is part of CGD and Refugee International’s #LetThemWork initiative and written in conjunction with Refugee Action. It is one of a series of blogs exploring the issues facing refugees’ economic inclusion within the top refugee and forced migrant hosting countries. All are being authored wit...
Blog Post
January 24, 2022
This blog is part of CGD and Refugee International’s #LetThemWork initiative and written in conjunction with Refugee Action. It is one of a series of blogs exploring the issues facing refugees’ economic inclusion within the top refugee and forced migrant hosting countries.