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Research

Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
POLICY PAPERS
The Future of UK Global Health Policy: Challenges and Opportunities
Peter Baker
and
Lydia Regan
November 30, 2023
WORKING PAPERS
Women's Underrepresentation in IFI Leadership
Eeshani Kandpal et al.
November 27, 2023
TESTIMONY
EU-Africa Strategy: State of Play
Mikaela Gavas
November 24, 2023
CGD NOTES
Australia-Tuvalu Climate and Migration Agreement Takeaways and Next Steps
Sam Huckstep
and
Helen Dempster
December 04, 2023

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Research
Displaying 1 - 7 of 36
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POLICY PAPERS
Warming or Cooling on World Bank Climate Finance: What Drives Country Demand?
Clemence Landers et al.
December 11, 2023
Factors like borrowing costs and access to alternative sources of finance will likely limit country demand for World Bank climate mitigation finance absent financial incentives, which could prove costly and difficult to resource at the scale needed to have meaningful impact. There's a risk that thes...
CGD NOTES
Does SDR Recycling Impair Reserve Management? The Case of the United Kingdom
Bernat Camps Adrogué
and
Mark Plant
November 14, 2023
In the wake of a challenging year, the Bank of England (BoE) has found itself navigating a tumultuous economic landscape marked by significant upheavals. Following the release of the mini-budget in September 2022, the BoE was compelled to take proactive measures to stabilize the financial system. Th...
CGD NOTES
Debt Suspension Clauses to the Rescue?
Clemence Landers
and
Rakan Aboneaaj
June 16, 2023
In this note we assess the potential short-term fiscal impact of these instruments. We look at three major natural disasters over the past two years and assess how much relief each country would have received if DSCs had been included in the totality of their external debt instruments.
WORKING PAPERS
Can Redistribution Change Policy Views? Aid and Attitudes toward Refugees in Uganda
Travis Baseler et al.
May 04, 2023
Many public policies create (perceived) winners and losers, but there is little evidence on whether redistribution can support new political economy equilibria that raise aggregate welfare. We study a Ugandan policy that redistributes 30 percent of foreign aid for refugees to Ugandans while allowing...
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— ...

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