Finance and Investment

More from the Series

Blog Post

Financial Stability Board Echoes CGD Finding on Decline in Correspondent Banking
Vijaya Ramachandran
and
Jim Woodsome
July 10, 2017
The Financial Stability Board's long-awaited report finds that the number of active CBRs has declined by 6 percent since 2011 and has continued through 2016, affecting all regions and major international currencies. The analysis suggests that small economies are among the most affected by C...
Blog Post

AIIB, Tajikistan, and the Risks of Non-Concessional Lending
John Hurley
June 26, 2017
The Asian Infrastructure Investment Bank's (AIIB) second loan to Tajikistan in the space of a year raises questions about lending on “hard terms” to poor countries. In its eagerness to meet the investment needs of Asian countries, is the AIIB going to get burned by lending at non-con...
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...
Blog Post

The Time Is Right for Expanding the Use of the IMF’s Precautionary Credit Lines
Nancy Birdsall et al.
March 08, 2017
Many emerging economies could benefit from insurance against this backdrop of volatility. Fortunately, cheap and no-strings-attached liquidity insurance exists, in the form of the IMF’s Flexible Credit Line (FCL) for countries with very strong policy fundamentals; for countries with ...