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.
WORKING PAPERS
April 11, 2024
POLICY PAPERS
April 15, 2024
CGD NOTES
April 08, 2024
WORKING PAPERS
April 04, 2024
All Research
Filters:
Experts
Facet Toggle
Topics
Facet Toggle
Publication Type
Facet Toggle
Time Frame
Facet Toggle
Research
CGD NOTES
September 23, 2021
The August 23 allocation of SDRs has given low- and middle-income countries (LMICs) breathing space on their balance sheets to confront the monetary and fiscal challenges of the economic crisis induced by the COVID-19 pandemic. In the next few weeks, at the UN General Assembly meetings and the annua...
CGD NOTES
August 18, 2021
The approval of a new allocation of Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) is the first effort to deal with the financial impact of the COVID-19 crisis on a global level. The purpose of this note is to reframe the concept of SDRs and then to outline in broad the types...
CGD NOTES
June 30, 2021
IFC’s board and leadership understand that meeting these goals requires a change in the way that the corporation operates, and a number of recent reforms will help it to deliver. But while these reforms are a welcome start, the IFC will have to change further if it is to meet its targets and reach i...
CGD NOTES
June 23, 2021
This note presents estimates of Finance for International Development (FID) in 2018. FID is a grant equivalent measure of cross-border, concessional finance publicly provided for development. We introduced FID last year to better compare development finance provided by both DAC (OECD Development Ass...
CGD NOTES
May 21, 2021
The world is now more than a year into the second global crisis of the century. This time, the IMF has stepped up. But what about the multilateral development banks? One of their central roles is to expand the fiscal space of middle- and low-income countries (MICs and LICs) for development spending,...
CGD NOTES
April 20, 2021
In this note, David Andrews looks at one mechanism that could work for using excess SDRs to the benefit of low- and middle-income countries: donating them. It is a simple idea but hardly straightforward, as he demonstrates with a “case study” of how the United Kingdom might do this. The UK’s rules g...
CGD NOTES
March 29, 2021
As ministers and officials meet in the coming year, they will make new financing commitments on climate and promise to ensure all of their activities are “Paris-compatible”—against the backdrop of a global pandemic. Any new commitments on climate finance will need to balance existing development cha...