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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...
Blog Post
February 03, 2022
A couple weeks ago, Uganda finally ended the longest national school closure on record, reopening its public schools after nearly two full years. One might anticipate a fairly dramatic decline in learning levels. Indeed, in a very non-scientific poll of my twitter followers, the dominant view was th...
Blog Post
January 21, 2022
Even as the fight to control COVID-19 at home is far from over, to bring an end to the pandemic, the administration must dramatically expand its global response work—and continue its efforts to rally the international community. Here we provide a rundown of the administration’s progress toward achie...
Blog Post
January 17, 2022
Tracking the movements of IMF special drawing rights (SDRs) can be confusing and challenging. In an effort to increase transparency around SDR transactions, the IMF released its Annual Update on SDR Trading Operations. Most of the report focuses on Voluntary Trade Arrangements, a backbone of the SDR...
POLICY PAPERS
December 10, 2021
In recent decades, the number of people migrating irregularly from the three Northern Triangle countries of Central America—El Salvador, Guatemala, and Honduras—has been increasing, putting pressure on the Biden-Harris administration to address the root causes of irregular migration and deliver “res...
Blog Post
December 02, 2021
Zainab Usman of the Carnegie Endowment for International Peace and Olumide Abimbola of the Africa Policy Research Institute join Gyude to discuss the implications of the European Green Deal for Africa, the outcomes of COP26, and the impacts of the climate crisis on pandemic recovery.
CGD NOTES
November 30, 2021
The pandemic and its economic impact have been a revealing test of the multilateral development bank (MDB) system and of individual MDBs. Although lending by the MDBs as a group rose significantly in 2020 (39 percent), this is much less than the rise in MDB lending in response to the Global Financia...
Blog Post
November 24, 2021
Prolonged school closures during COVID-19 meant that over 7.7 million Malawian children were out of formal schooling for over seven months. There is little information about the impacts of school closures and the COVID-19 crisis on these individuals. What happened to student participation over the t...
Blog Post
November 01, 2021
Lawmakers on Capitol Hill extended a lifeline to US global response efforts with the provision of supplemental funding. Early on, sums dedicated to the overseas fight were modest, but last year's end-of-year spending package included $4 billion for Gavi, the Vaccine Alliance—to support the multilate...