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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
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ESSAYS
Towards the Argentine Presidency in the G20: What Macro-Financial Challenges Does the Region Face and What Are the Implications for the Debate?
Guillermo Calvo et al.
December 14, 2017
After the slowdown of the Chinese economy and the sharp decrease in commodity prices, the Latin American macroeconomic outlook has worsened substantially in relation to the boom that occurred between 2003 and 2012, despite favorable external conditions characterized by significantly high liquidity i...
ESSAYS
Billions to Trillions? Issues on the Role of Development Banks in Mobilizing Private Finance
Nancy Lee
November 17, 2017
It is time to take a fresh look at the PSWs and to ask some basic questions about their role and instruments. The aim of this essay is to raise issues that need to be addressed as we think about how PSWs should evolve and adapt to meet the formidable challenges ahead. These questions and the answers...
ESSAYS
Latin America´s Policy Options for Times of Protectionism
Laura Alfaro et al.
April 06, 2017
A rise in protectionism and increased external uncertainty may compound already existing domestic weaknesses. Latin America cannot run the risk of being unprepared for the significant potential direct and indirect effects of such a menace to its exports, capital inflows and growth.
ESSAYS
Latin America in a New Global Political and Economic Scenario: What Does It Mean for the Region?
Guillermo Calvo et al.
January 30, 2017
Since mid-2016, a new wave of political developments in advanced countries has been shaking Latin America. This latest assessment of the Latin American Committee on Financial Issues (CLAAF) examines how the anti-globalist movement sweeping the West will affect macroeconomic trends in Latin...
ESSAYS
Emerging Market Macroeconomic Resilience to External Shocks: Today versus Pre–Global Crisis
Liliana Rojas-Suarez
February 24, 2015
How resilient are emerging market economies to potentially tougher external conditions, especially if they become prolonged? This paper takes the view that initial economic conditions before the eruption of an adverse external shock matter, and they matter a lot.
ESSAYS
Advanced Economies Pose Three Financial Risks to Developing Countries in 2011
Liliana Rojas-Suarez
January 18, 2011
Debt crises in Europe, sluggish growth in the United States, and an overvalued Chinese currency could all spell trouble for developing countries. CGD senior fellow Liliana Rojas-Suarez unpacks three big financial-sector risks for 2011.
ESSAYS
The Right Response in Latin America to Oil and Food Price Pressures: Fight Inflation Now!
Liliana Rojas-Suarez
August 15, 2008
CGD senior fellow Liliana Rojas-Suarez argues that the recent sharp spike in food and oil prices, above the long term upward trend, threatens Latin America’s stability and is the result of excess global liquidity and the U.S. credit mess. She says the region must fight inflation now and, going forw...
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