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Blog Post
December 23, 2015
While you might not know it from the weather, there’s at least one sure sign it’s December in DC. No, we’re not referring to the oversized and ornamented evergreens on the Capitol and White House lawns, but to the recent mad dash by Congress to wrap up remaining legislative busines...
Blog Post
December 17, 2015
Congress finally gave the administration what it has been asking for on IMF quota reform, and then some. At the same time, Congress didn’t just give the administration the ability to go forward on governance reform that gives more voting power to rising developing countries. It also incl...
POLICY PAPERS
December 11, 2015
Emerging market countries that manage to diversify and upgrade their production and export base grow more rapidly and enjoy greater welfare gains than those that do not. Foreign direct investment in manufacturing is concentrated in middle- and upper-skilled activities -- not lowest-skilled ope...
Blog Post
December 08, 2015
Québec does it with California. Mexico wants to do it with California too, while California wants to do it with a Brazilian state. European countries have been doing it with each other for years, and China's started doing it with itself. A...
Blog Post
November 25, 2015
Overseas development assistance amounts to about $135 billion dollars annually, but the cost of paying for the Sustainable Development Goals will be in the trillions. As a result, blended finance is something of a buzz phrase these days. I left a workshop on blended finance last week in Paris excite...
Blog Post
November 23, 2015
Next week, nations gather in Paris for the 21st Conference of Parties (COP21) with the goal of establishing a global plan to address climate change. That includes coming to agreements about how to both reduce and adapt to climate change, how to finance those measures, and how to share accountability...
Blog Post
November 02, 2015
California is looking to tropical forests to help slow climate change. After years of delays, the California Air Resources Board (ARB) appears to finally be moving ahead with plans to finance tropical forest protection through “sectoral offsets” to its cap-and-trade program, in which Cal...
Blog Post
October 27, 2015
The elephants in the room at the annual International Monetary Fund/World Bank meeting in Lima, Peru, were the China-inspired Asian Infrastructure Investment Bank (AIIB) and New Development Bank (or “BRICS Development Bank,” as it was originally called). The real...