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Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
WORKING PAPERS
April 11, 2024
POLICY PAPERS
April 15, 2024
CGD NOTES
April 08, 2024
WORKING PAPERS
April 04, 2024
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Research
CGD NOTES
March 15, 2024
The November guidance on RSF seems to have addressed some of the shortcomings observed in the initial RSF programs. However, as we highlight in this note, other deficiencies remain unresolved and require attention from the IMF’s Executive Board during the upcoming RSF review.
CGD NOTES
December 04, 2023
On November 9, 2023, Australia and Tuvalu signed an unprecedented cooperation agreement. It offers 280 Tuvaluans—2.5 percent of the islands’ population—permanent residency in Australia each year. The agreement, which stems from a recognition that Tuvalu’s long-term future is endangered by climate ch...
CGD NOTES
September 25, 2023
More than 190 countries have pledged under the 2015 Paris Agreement to reduce carbon emissions, including from fossil fuel consumption, by 2030 to avoid the negative effects of rising global temperatures. However, there is a large gap between what countries have committed to do and what needs to be ...
CGD NOTES
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...
CGD NOTES
July 27, 2020
In this note, we review Colombia's handling of the COVID-19 crisis. The first line of policy response slowed down the pace of contagion and avoided excess deaths, providing additional time to strengthen the health system and increase ICU capacity. However, the challenges that remain are significant....
CGD NOTES
June 01, 2020
The global impact of the COVID-19 pandemic on economic output and public finances in 2020 and beyond is projected to be massive. Fiscal policy can have a crucial role in mitigating the pandemic’s overall economic impact and promoting a quick recovery. It can help save lives and shield the most-affec...