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Blog Post
April 25, 2022
In the midst of a crisis, Special Drawing Rights (SDRs) are sitting idle in many countries’ central banks. With a political push and some technical innovation, they can be put to good use at the multilateral development banks (MDBs) to accelerate the fight against climate change.
Apr
29
2022
9:30—11:00 AM Eastern Time (US & Canada)/ 2:30—4:00 PM British Summer Time (BST)/ 3:30—5:00 PM Central European Summer Time (CEST)
April 20, 2022
Exogenous shocks like extreme weather events or pandemics can reverse years of hard-won development gains. COVID-19, by demonstrating the fragility and vulnerability of the global economy, may be just a foretaste of what is to come. Failure to invest in resilience will have wide-ranging implications...
Blog Post
April 05, 2022
Ukraine has close to $2.7 billion in principal and interest payments due to the World Bank and IMF in 2022. The government of Ukraine should not be expected to repay its debt to the international financial institutions (IFIs) while it is mobilizing all its resources to fend off the Russian invasion...
BRIEFS
March 31, 2022
The United States, a leader in space exploration and innovation, has a unique opportunity to establish enduring diplomatic, commercial, and security ties with African nations through space cooperation—with the potential to yield substantial development benefits. The U.S. space sector is robust, an a...
POLICY PAPERS
March 31, 2022
The United States has a unique opportunity to establish enduring diplomatic, commercial, and security ties with African nations through space cooperation, with the potential to yield substantial development benefits. The African Union is preparing to open the African Space Agency. African nations ar...
Blog Post
March 31, 2022
Every nation on Earth uses space in some way. Satellite communications, GPS, and satellite remote sensing are woven into the fabric of the world economy, and more nations are starting to realize that it’s in their national interest to develop an endemic, foundational space capability.
Blog Post
March 31, 2022
The effort to recycle unneeded SDRs from wealthy countries to poor countries was dealt a major setback in an omnibus spending deal recently passed by the US Congress. The final measure failed to include language authorizing the US Treasury to recycle 15 billion SDRs, worth about $21 billion, to the ...
Blog Post
March 07, 2022
With Russia’s attack on Ukraine raging and most of the world imposing severe financial sanctions on Russia, attention has turned to whether Russia could use its allocation of special drawing rights to bolster its foreign reserves and finance its war effort. The answer is yes, in principle, but ...