Ideas to action: independent research for global prosperity
Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
CGD NOTES
June 17, 2024
BRIEFS
June 17, 2024
WORKING PAPERS
June 10, 2024
WORKING PAPERS
June 12, 2024
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Research
CGD NOTES
November 18, 2022
The overarching theme of these episodes is the luck and privilege I’ve enjoyed—and my country has enjoyed—and the implications for my and my country’s responsibilities to the rest of the world. I was lucky to be born in America White and well-off; was lucky again as a baby boomer to enjoy the reprod...
CGD NOTES
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...
WORKING PAPERS
October 31, 2022
We construct a novel database covering more than 450 fiscal consolidation episodes in 185 countries during the period 1979-2019. Using discrete choice models, we then examine the (broader macroeconomic and political) factors motivating these fiscal consolidation episodes.
POLICY PAPERS
October 04, 2022
Global reserves can serve as a global public good, facilitating the short-term global recovery from the economic impacts of the pandemic and Russian invasion of Ukraine, as well as the longer-term global transition to a sustainable and equitable economic future. Strategic allocation of Special Drawi...
CGD NOTES
September 15, 2022
In the fall of 1968, when I was 22 and starting the second year of a two-year master’s program at the Johns Hopkins School of International Studies in Washington, DC, the man who would become my first husband told me about a college friend in New York needing $200 to help pay for an illegal but reas...
CGD NOTES
August 31, 2022
When the G20 pledges of $100 billion of SDR recycling materialize, there will no doubt be much self-congratulatory celebration. But the celebrations will be meaningless if the SDRs do not make their way to the low- and middle-income countries (LMICs) that need them. Will we be able to tell if the SD...
CGD NOTES
June 28, 2022
Before I get to the origin of CGD I want to say something about the concept of “mission.” I attended Catholic schools straight through college, and though before I left college I had left behind being a Catholic, I had apparently internalized the idea of having a mission in life—as in the missionari...