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Research

Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
CGD NOTES
Does SDR Recycling Impair Reserve Management?
Bernat Camps Adrogué
and
Mark Plant
November 14, 2023
WORKING PAPERS
Phonics and Foreign Aid: Can America Teach the World to Read?
Justin Sandefur et al.
November 20, 2023
WORKING PAPERS
Improving School Management of Violence in Peru
Gabriela Smarrelli
November 22, 2023
CGD NOTES
Breaking Financing Barriers for a Just Climate Transition in Africa
Mahmoud Mohieldin et al.
November 17, 2023

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Research
Displaying 1 - 7 of 56
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WORKING PAPERS
Identifying Macroeconomic Resilience to External Shocks in Emerging and Developing Countries: Lessons from the Global Shocks of 2020-2022
Liliana Rojas-Suarez
October 05, 2023
This paper uses a straightforward Resilience Indicator, constructed from a small set of economic and institutional variables, to show that by 2019, prior to the COVID-19 pandemic and subsequent global shocks, it was possible to identify emerging markets and developing countries that would encounter ...
CGD NOTES
Urgent: The IMF Must Reform
Laura Alfaro et al.
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 ...
POLICY PAPERS
How Do Non-DAC Actors Cooperate on Development?
Rachael Calleja et al.
May 19, 2023
Most non-DAC cooperation providers show openness to multi-partner engagement for development, but whether and how such openness can be transformed into more active cooperation—if not deeper collaboration—for development, including between DAC and non-DAC actors, remains to be seen.
CGD NOTES
The Fall of Silicon Valley Bank: A Warning for Emerging Markets
Liliana Rojas-Suarez
March 16, 2023
The the wake of the Silicon Valley Bank collapse, bank regulators and supervisors in emerging markets should be looking closely at their own banking systems with lessons from Silicon Valley in mind. For most emerging markets, where previous banking crises were devastating and turned back the clock o...
CGD NOTES
Latin America’s Hard-to-Escape Stagnation Trap
Liliana Rojas-Suarez
March 01, 2023
Recent forecasts for economic growth around the world place Latin America as the developing region with the lowest growth rate. How concerned should we be by these numbers? Very, and not only because the latest figures are just one more data point in a persistent trend.
CGD NOTES
Defeating Inflation: Latin America’s Most Immediate Challenge
Laura Alfaro et al.
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...
POLICY PAPERS
A Global Development Paradigm for a World in Crisis
Rachael Calleja et al.
November 08, 2022
This paper explores how and whether responses to COVID-19, particularly from non-DAC actors, have deepened the transition from an “international” to a “global” development paradigm, and it considers implications for the future of development cooperation.

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