Ideas to action: independent research for global prosperity
Women's Underrepresentation in IFI Leadership
November 27, 2023
EU-Africa Strategy: State of Play
November 24, 2023
Urgent: The IMF Must Reform
June 07, 2023
The Committee identifies three critical developments in the global economy with profound implications that require urgent changes at the IMF. This statement advances broad proposals to address these issues by creating an Emerging Markets Fund (EMF); modifying the G20 Common Framework to effectively ...
Defeating Inflation: Latin America’s Most Immediate Challenge
November 16, 2022
Inflation has become a central feature of the global economy. In Latin America (aside from idiosyncratic cases such as Argentina and Venezuela, where high inflation rates have long been the norm), inflation began to rise the first half of 2021, at the same time it did in the US. The fact that risin...
Our Wish List for the World Bank’s Evolution Roadmap
November 07, 2022
The assignment is clear. During this year’s Annual Meetings of the IMF and World Bank, shareholders instructed the World Bank to develop a work program for its own evolution (“to identify gaps in the Bank’s current institutional and operational framework…”) by the end of the year. Secretary Yellen l...
Fiscal Policy at a Time of Polarization: Addressing Latin America’s Tough Dilemmas
June 29, 2021
These challenges notwithstanding, Latin America is beginning to benefit from a more benign global economic outlook that is anchored, among other factors, in an expansion in global demand, a resumption of capital flows to emerging markets, and a boom in commodity prices. In this context, the Committe...
The COVID-19 Attack on Latin America: Proposals for an Effective Response
July 22, 2020
The COVID-19 pandemic represents a massive global shock that hit Latin America particularly hard.
Addressing Debt Vulnerabilities
April 17, 2020
Around the turn of the century, there was a broad recognition that the debt burden of many developing countries was impeding their growth. Much of the debt had accumulated in the context of the Cold War and had not resulted in productive investment.
Why Does Pakistan Have Repeated Macroeconomic Crises?
July 03, 2018
Over the past 50 years, Pakistan’s record on macroeconomic management has been mixed. The next crisis is now approaching. Most economists agree that the post-election government will have no alternative but to approach the IMF yet again for another bailout with associated policy conditionality...