Ideas to action: independent research for global prosperity
The Case for Globalization and Robust Global Value Chains
February 08, 2024
A New Vintage of Populism in Latin America
February 23, 2024
What Do Middle-Income Countries Want from the IMF as They Look to Recover from the Pandemic?
November 01, 2021
After more than a year of grappling with the economic effects of the COVID-19 pandemic, many middle-income countries (MICs) will continue to experience health and economic dislocation for some time to come. While much of the global financial community’s attention has focused on supporting low-income...
Reallocating SDRs into an IMF Global Resilience Trust
September 23, 2021
The August 23 allocation of SDRs has given low- and middle-income countries (LMICs) breathing space on their balance sheets to confront the monetary and fiscal challenges of the economic crisis induced by the COVID-19 pandemic. In the next few weeks, at the UN General Assembly meetings and the annua...
The Challenge of Reallocating SDRs: A Primer
August 18, 2021
The approval of a new allocation of Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) is the first effort to deal with the financial impact of the COVID-19 crisis on a global level. The purpose of this note is to reframe the concept of SDRs and then to outline in broad the types...
Gender in the MDB Social Protection Response to the COVID-19 Pandemic
August 02, 2021
Recent work by the CGD researchers through the COVID-19 Gender and Development Initiative suggests that the COVID-19 pandemic has impacted women particularly severely, disproportionately affecting their paid and unpaid work, income, and food security, while also exacerbating the risk of gender-based...
Social Assistance and Information in the Initial Phase of the COVID-19 Crisis: Lessons from a Household Survey in India
July 22, 2021
Together with a lockdown and an information campaign, India’s early response to the Covid-19 pandemic included the launch of PMGKY, a major social protection package. This built on previous digital investments including in direct benefit transfer to financial accounts as well as on several establish...
Incentivising Investment in Human Capital through the European Fund for Sustainable Development
May 05, 2021
As the EU prepares to significantly scale up its deployment of blended finance, guarantees, and other risk-sharing tools aimed at stimulating investment in developing countries, and, in the face of spiralling needs as a result of COVID-19, this paper analyses how the EU could use its development bud...
Fuel Subsidy Reform in Fragile States: Forging A Constructive IFI-UN Partnership
March 18, 2021
Even before the COVID-19 pandemic, fragile states around the world struggled to manage complex and interacting risks. Facing macroeconomic stressors on top of a fragile peace, many countries found themselves balancing precariously between tipping points, knowing that interventions that might ease ec...