While there is debate in the management literature about the primacy of measurement in effecting change, there is no doubt that it is a necessary component of bringing about lasting change.
CGD Policy Blogs
How could the IMF's special drawing rights support developing countries to recover from COVID-19.
Even as the COVID-19 curve begins to flatten in the Northern Hemisphere, the developing world is just starting to feel its onslaught. Just as in the United States, where some of the most effective responses to the global pandemic are generated locally, the success of developing countries will also be determined by the actions of local leaders, citizens, and organizations—including fiscal responses.
A Good Idea Executed Badly: Why the World Bank Should Not Renew the Pandemic Emergency Facility Insurance Window
As the coronavirus spreads across the globe and claims an increasing number of victims, calls have been made for the international community to raise and disburse huge sums of money to protect poorer countries, whose poverty and weak health systems make them especially vulnerable.
While the world’s decision makers are now rightly focusing on the COVID-19 crisis and its potentially devastating economic aftermath, the climate change agenda has been moved from the center stage. As the world begins to rethink what the post COVID-19 economic order will look like, climate change will again play a key role. And so will the IMF.
Here at CGD we have researchers working on the question of how public money can be used to stimulate more private investment and researchers worrying about public money being wasted when doing so. And that’s exactly right!
Following the second roundtable held with African finance ministers and central bank governors, Sanjeev Gupta and Mark Plant explore tax concessions and the challenges of meeting the targets for domestic resource mobilization set under the Addis Ababa Action Agenda.
China’s New Debt Sustainability Framework Is Largely Borrowed from the World Bank and IMF. Here’s Why That Could Be a Problem.
Is China's newly announced DSF up to the task?
The Center for Global Development's annual summer reading list, presenting a selection of recommendations from CGD researchers and staff, is back with more ways to explore, analyze, or escape the world around you (reader's choice!). Swing back to the 1860s to visit New Zealand during the gold rush or stroll around Lincoln's Washington. Step into mythology for a new take on one of the world's earliest feminists. Or if you're more forward-looking, visit a future where technology has allowed us to achieve immortality... of a sort.
When the G20 ministers of finance and central bank governors meet in early June, adoption of the Principles for Debt Transparency recently promulgated by the Institute of International Finance will be on the agenda.