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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 9
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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...
WORKING PAPERS
An Index of Regulatory Practices for Financial Inclusion in Latin America: Enablers, Promoters, and Preventers - Working Paper 468
Liliana Rojas-Suarez
and
Lucía Pacheco
October 26, 2017
This paper constructs an index of regulatory quality for improving financial inclusion for the purpose of assessing and comparing the quality of rules and regulations in a sample of eight Latin American countries.
ESSAYS
What the AIIB Can Do for the Multilateral System
Scott Morris
July 19, 2017
The Asian Infrastructure Investment Bank (AIIB) has enjoyed considerable success in its young life. The challenge going forward is to translate this resounding political success into operational effectiveness and sound strategy. Given the political dimensions of this new institution, it is also wort...
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.
TESTIMONY
Examining Results and Accountability at the World Bank
Scott Morris
March 22, 2017
Scott Morris testified before the House Financial Services Subcommittee on Monetary Policy and Trade at a hearing titled, “Examining Results and Accountability at the World Bank” on March 22, 2017. Morris’s testimony offered recommendations for Congress in effective oversight and i...
BRIEFS
Expanding Global Liquidity Insurance through Precautionary Lending: What the IMF Can Do
Nancy Birdsall et al.
March 08, 2017
In the wake of the global financial crisis, the IMF undertook a series of reforms to its lending facilities to manage volatility and help prevent future crises. The reforms included the adoption of two new lending instruments: the Flexible Credit Line (FCL), introduced in 2009, and the&nbs...
WORKING PAPERS
Expanding Global Liquidity Insurance: Myths and Realities of the IMF’s Precautionary Credit Lines - Working Paper 449
Nancy Birdsall et al.
February 28, 2017
This paper addresses four misconceptions (or ‘myths’) that have likely played a role in the limited utilization of the IMF’s two precautionary credit lines, the Flexible Credit Line (FCL) and the Precautionary and Liquidity Line (PLL). These myths are 1) too stringent qualific...

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