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POLICY PAPERS
March 21, 2024
Already constrained by the economic aftershocks of COVID-19, the impact of the war in Ukraine, and the food and climate crisis, low-income countries and lower-middle-income countries now face a combination of soaring debt and high interest rates. Confronted with insufficient liquidity to respond to ...
CGD NOTES
March 20, 2024
Development finance institutions (DFIs) and bilateral development agencies play different yet complementary roles that ultimately aim to achieve the Sustainable Development Goals. But questions remain about how well this relationship works in practice. Recent analysis suggests that DFI and developme...
Blog Post
February 22, 2024
Is there a relationship between climate change and conflict? Gyude speaks to Dr. Edward (Ted) Miguel of University of California Berkley about the impact of rising temperatures, extreme droughts, and floods on competition for resources, and how governments can respond to climate change’s compounding...
Blog Post
February 08, 2024
What’s the best way for a think tank fellow to demonstrate they’re washed up? Say there’s no need for new policy. And yet…
This year, donors will negotiate the replenishment of the World Bank’s soft lending arm, IDA. World Bank president Ajay Banga wants to the replenishment amount to be the bigges...
Blog Post
January 22, 2024
At the World Bank-IMF Annual Meetings last fall in Marrakesh, the Bank governors endorsed innovative financial instruments to boost lending at the International Bank for Reconstruction and Development (IBRD)—the Bank’s arm that lends to creditworthy countries. Some donor countries have signaled thei...
Blog Post
December 11, 2023
In past years, the UK Government has undertaken substantial assessments of each multilateral’s effectiveness to inform UK funding decisions. In this blog, we explore how these major assessments of Value for Money (VfM) affected the UK’s multilateral aid allocation. To do this, we’ve accessed previou...
Blog Post
December 04, 2023
In a seminal paper, Claudia Goldin and Cecilia Rouse show that when musicians do a blind audition for symphony orchestra positions—they perform behind a curtain—women are more likely to be hired than men. But, when the curtain is up and the person hiring can see who is performing, men are more likel...
Blog Post
November 29, 2023
Sovereign debt issues for emerging markets and developing economies (EMDEs) were a predictable subject of many conversations at the World Bank and IMF Annual Meetings in Marrakech. Here are our main takeaways on the state of play and how to make progress to address urgent needs amidst slow-moving pr...
Blog Post
November 02, 2023
Geopolitical risks are rapidly converging, making the world more crisis-prone and precarious. Faced with a near economic collapse in some low and lower middle-income countries, the escalating devastation of climate-related disasters aggravating existing vulnerabilities, and a sharp rise in conflicts...