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Blog Post
May 15, 2024
On Friday, May 10, 2024, the IMF Executive Board approved the recycling of special drawing rights (SDRs) to multilateral development banks (MDBs) for use as hybrid capital. It took a long time to get to this point, and the IMF should be congratulated for overcoming strong opposition, even from some ...
Blog Post
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
CGD NOTES
April 08, 2024
This CGD Note outlines a proposal for a New Compact between Gavi and partner countries. We outline a package of policy shifts for Gavi to consider, in line with the core approach of prioritising country ownership and financing of the highest priority vaccines while health aid is provided at the marg...
Apr
18
2024
HYBRID
Washington, DC
9:00—10:00 AM ET / 2:00-3:00 PM BST
March 27, 2024
In the margins of the 2024 World Bank IMF Spring Meetings, the Center for Global Development is set to convene leading development policymakers to discuss the implications of the changing landscape for Official Development Assistance (ODA) and explore how—and on what—to use it most effectively.
Blog Post
March 27, 2024
Today marks a significant milestone as the Bill & Melinda Gates Foundation (BMGF) announces a new Open Access policy, representing a departure from traditional practices. This policy will cease support for individual article publishing fees, known as APCs, and mandate the use of preprints while advo...
CGD NOTES
March 26, 2024
This note further unpacks why research publishing reform should be a global priority using the Importance-Tractability-Neglectedness (ITN) framework—a framework that estimates the value of allocating marginal resources to solving a problem, considering its significance, feasibility for intervention,...
Blog Post
March 26, 2024
There was a very disappointing development at the IMF Executive Board earlier this month—the postponement of a formal decision on whether special drawing rights (SDRs) could be recycled to the hybrid capital scheme proposed by two multilateral development banks (MDBs), the African Development Bank (...
Blog Post
March 21, 2024
Many developing countries are facing an impossible situation. With the impact of cascading crises, the gulf between their financing needs and the resources available to them is widening. The combination of elevated interest rates, weakening currencies and low credit ratings are excluding them from c...
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 ...