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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
Origin and the “Mission” of the Center for Global Development
Nancy Birdsall
June 28, 2022
BRIEFS
A Package of Reforms for Financing Pandemic Preparedness
Amanda Glassman
and
Eleni Smitham
June 23, 2022
CGD NOTES
A Bank for the World
Ranil Dissanayake et al.
June 09, 2022
WORKING PAPERS
Improving Access, Stewardship, and Innovation for Antimicrobials
Anthony McDonnell et al.
June 28, 2022

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Research
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POLICY PAPERS
A Decision Tree for Digital Payment Services: The Case of Mexico
Ivonne Acevedo
and
Miguel Székely
July 06, 2021
This paper explores the reasons why digital payment services in Mexico are used to a much lower extent than would be expected considering the country’s level of development and the authorities’ efforts to expand these types of services during the past two decades.
REPORTS
Sound Banks for Healthy Economies: Challenges for Policymakers in Latin America and the Caribbean in Times of Coronavirus
Andrew Powell
and
Liliana Rojas-Suarez
September 16, 2020
The purpose of this report is twofold: to identify and discuss a set of challenges, and to develop key recommendations. The overarching goal is to provide support to policymakers in the region who may face difficult decisions to ensure that banks play a constructive role and support families and fir...
WORKING PAPERS
A Decision Tree for Digital Financial Inclusion Policymaking
Stijn Claessens
and
Liliana Rojas-Suarez
February 27, 2020
CGD NOTES
The Puzzle of Financial Inclusion in Mexico: A Closeable Gap?
Kyle Navis et al.
January 14, 2020
Financial inclusion is a fundamental pillar of development. But Mexico poses a conundrum. In many respects it has been successful at growing its economy and integrating with global markets. Yet among its peers in Latin America, Mexico is the worst-performing at financial inclusion relative to its in...
CGD NOTES
Latin America: A Sailboat in Stormy Waters
José de Gregorio et al.
December 20, 2019
Latin America’s economic growth has declined significantly in the last decade. Although a variety of causes can potentially explain this result, there are some structural weaknesses that distinguish Latin America from other regions in the developing world.
WORKING PAPERS
Identifying and Verifying Customers: When are KYC Requirements Likely to Become Constraints on Financial Inclusion?
Alan Gelb
and
Diego Castrillón
December 17, 2019
Onerous KYC documentation requirements are widely recognized as a potential constraint to full financial inclusion. However, it is sometimes difficult to judge the extent to which this constraint is a serious or binding one, relative to others. The paper considers this question, distinguishing betwe...
CGD NOTES
Mexico’s Financial Risks: Solving Pemex for a Solvent Mexico
Laura Alfaro et al.
July 18, 2019
Mexico’s financial risks and the policies being adopted by the new administration cannot be adequately assessed without recognizing key features that characterize certain initial conditions. 

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