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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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CGD NOTES
Does SDR Recycling Impair Reserve Management? The Case of the United Kingdom
Bernat Camps Adrogué
and
Mark Plant
November 14, 2023
In the wake of a challenging year, the Bank of England (BoE) has found itself navigating a tumultuous economic landscape marked by significant upheavals. Following the release of the mini-budget in September 2022, the BoE was compelled to take proactive measures to stabilize the financial system. Th...
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.
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.
CGD NOTES
Our Wish List for the World Bank’s Evolution Roadmap
Nancy Lee et al.
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...
POLICY PAPERS
Is There a Better Way to Use Global Reserves?
Mark Plant
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
Tracking Recycled SDRs: More on the Hunt for Bigfoot
Mark Plant
and
Lucas Sala
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
Crafting the International Response in Afghanistan: Options to Enable Financial Flows and Promote “Beyond-Humanitarian” Aid
Sarah Rose
and
Michael Pisa
May 24, 2022
The first section of this note examines the causes and consequences of Afghanistan’s financial crisis and lays out policy options the international community can support to enable urgent financial flows and restore the basic functioning of the Afghan financial system. The next section examines prosp...

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