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Research

Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
CASE STUDIES
Facing the Pandemic of Antimicrobial Resistance in Brazil
Claudio A. Mora-García et al.
May 18, 2023
CASE STUDIES
Zambia’s Experience Developing a Roadmap to Support Heath Benefit Package Reform
Warren Mukelabai Simangolwa et al.
June 01, 2023
CGD NOTES
The World Bank Should Harness Evidence to Deliver Greater Impact
Eeshani Kandpal et al.
June 05, 2023
WORKING PAPERS
Experimental Evidence on Credit Constraints and Occupational Choice
Andrew Brudevold-Newman et al.
May 17, 2023

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Research
Displaying 1 - 7 of 31
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POLICY PAPERS
Concessional Climate Finance: Is the MDB Architecture Working?
Nancy Lee et al.
March 14, 2023
The climate financial intermediary funds (FIFs) are one of the largest sources of grant and concessional finance for climate, especially for middle-income countries, but there are significant challenges at the systemic level and differing performance across FIFs. We recommend consolidating funds in ...
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...
BRIEFS
The ABCs of Sovereign Debt Relief
Rakan Aboneaaj et al.
October 11, 2022
We are living in a time when many countries face heightened debt vulnerabilities. There is no international bankruptcy mechanism for countries that default on their external obligations. The objective of the international financial architecture—historically overseen by the IMF and its shareholders— ...
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...
PUBLICATION
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
MDB Policy-Based Guarantees: Has Their Time Come?
Clemence Landers
and
Rakan Aboneaaj
July 20, 2022
Multilateral development bank policy-based guarantees (PBGs) have long been an instrument in search of demand. First introduced in 1999 at the International Bank for Reconstruction and Development to help governments access market borrowing at attractive rates, their track-record has been uneven, an...
CGD NOTES
A Bank for the World: Better Terms and Conditions for Global Public Goods
Ranil Dissanayake et al.
June 09, 2022
As one of the only truly global institutions, the World Bank is uniquely positioned to be the world’s premier source funding for global public goods. But despite its global coverage, the World Bank has never truly been oriented towards global challenges. Its mission has been defined primarily by ind...

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