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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 05, 2024
Last week, CGD and ACET (The African Center for Economic Transformation) co-hosted an event on rules that limit the cross-border transfer of digital data. The basis for the discussion was David Medine’s recent paper for CGD “Data Localization: A Tax on the Poor,” and the group involved experts and p...
WORKING PAPERS
January 17, 2024
The IMF is filling a critical gap in its mandate by mainstreaming gender into its work. Closing gender gaps is macro-critical because they go hand-in-hand with higher economic growth, greater financial stability, and lower income inequality. Applying a gender lens to macroeconomic, financial, and st...
Blog Post
January 17, 2024
Two facts on gender gaps stand out. First, given current trends and policies, gender equality is not likely to be achieved. Second, gender equality is macrocritical. In other words, narrowing gender disparities leads to better macroeconomic outcomes—higher economic growth, greater financial stabilit...
Blog Post
January 11, 2024
More than 60 countries have data localization measures in place that restrict or prohibit the flow of certain types of data across their borders to other jurisdictions. A new CGD working paper by David Medine makes clear that these restrictions may have their greatest impact on smaller economies inc...
WORKING PAPERS
January 11, 2024
Localization is usually the wrong answer to legitimate data policy issues. As a result, data transfer restrictions wind up imposing unnecessary costs on providers, such as banks, which effectively serves as a tax which is either passed along to the poor or, even worse, makes it uneconomical for firm...
Blog Post
December 06, 2023
This year’s, COP, the big UN climate conference, opened with the Independent High-Level Expert Group in Climate Finance saying trillions of dollars were required annually for developing countries to meet climate goals, the ONE campaign documenting that donors had utterly failed to deliver on their e...
CGD NOTES
December 06, 2023
Marginal abatement cost curves, which suggest the cheapest approaches to reducing carbon emissions, are out of favor in international climate finance discussions because they are not good tools to use when thinking about systemic and urgent change. On the other hand, international financing studies ...