Ideas to action: independent research for global prosperity
Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
CGD NOTES
November 14, 2023
WORKING PAPERS
November 20, 2023
WORKING PAPERS
November 22, 2023
CGD NOTES
November 17, 2023
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Research
ESSAYS
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
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
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
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
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
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...