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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 12
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CGD NOTES
Development Finance Cooperation amidst Great Power Competition: What Role for the World Bank?
Scott Morris
May 15, 2023
The ability of the World Bank to strike an appropriate balance between country demands and global goods depends on the institution’s shareholders. Yet, the deterioration in the bilateral relationship between the United States and China now threatens to undermine effective governance at the instituti...
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...
CGD NOTES
Multilateral Development Banks’ Crisis Response: What Instruments Do MDBs Offer and How Fast Do They Act?
Rakan Aboneaaj et al.
March 14, 2022
In the face of sudden economic shocks and natural disasters that limit the ability of economies to rapidly raise revenue, MDBs have the potential to play a leading role in crisis response to minimize the damage. One key factor in their success in this role is the speed of their financing instruments...
CGD NOTES
Can We Better Manage Donor Institutions for Tackling Global Challenges?
Nilima Gulrajani
and
Rachael Calleja
September 15, 2021
Tackling global challenges effectively needs donors to rethink how the resources and expertise of diverse governmental actors are brought together. Bilateral donor governance urgently needs a conductor to coordinate a whole-of-government development policy and an orchestra of actors for its implemen...
CGD NOTES
Tracking the Scale and Speed of the World Bank’s COVID Response: April 2021 Update
Scott Morris et al.
April 05, 2021
Last year at this time, the World Bank announced its intention to provide $104 billion in financing to developing country governments to help them respond to the COVID-19 crisis. We took stock of those efforts seven months ago. More than a year into the pandemic, it’s time to check in again on the B...
CGD NOTES
A Climate-Dedicated Capital Increase at the World Bank and IFC
Charles Kenny
and
Scott Morris
March 15, 2021
With a new US administration rejoining the Paris Agreement and the upcoming Glasgow climate conference set to endorse a new set of national commitments to greenhouse gas emissions, there is renewed momentum in the struggle to limit climate change and its global impact. But global finance to support ...
CGD NOTES
Bargaining with Beijing: A Tale of Two Borrowers
Alysha Gardner et al.
November 18, 2020
We examine the behavior of Chinese government lenders in two debt rescheduling episodes: a “low stakes” case involving Seychelles and a “high stakes” case involving the Republic of Congo. The fact that the Republic of Congo was worse off after rescheduling its debts with Beijing underscores the impo...

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