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Blog Post
June 10, 2024
In a new CGD paper, the CAF review holds an important lesson for the IMF which, if acted on, could allow it to greatly increase its support for low-income countries (LICs) while maintaining its robust financial buffers.
The paper also summarizes the financial structure of the IMF’s General Resourc...
WORKING PAPERS
June 10, 2024
The IMF was not included in the recent review of multilateral development banks’ capital adequacy frameworks that proposed reforms to allow them to expand their lending to developing countries. The paper considers whether this review contained lessons for the IMF despite its distinct role and financ...
Blog Post
June 06, 2024
Gyude speaks with Dr. Stephen Adaawen of the University of Groningen about the different types of human mobility and their complexities, the disproportionate impact of climate change on unplanned settlements, and the unique burdens of climate-related migration on African women and children.
Blog Post
May 15, 2024
On Friday, May 10, 2024, the IMF Executive Board approved the recycling of special drawing rights (SDRs) to multilateral development banks (MDBs) for use as hybrid capital. It took a long time to get to this point, and the IMF should be congratulated for overcoming strong opposition, even from some ...
Blog Post
May 10, 2024
Here is a Mother’s Day shout-out to all the mothers working at international financial institutions (IFIs) around the world, and especially to mothers at the two banks I know best: the World Bank and the Inter-American Development Bank, where I worked for a total of almost two decades with at least ...
POLICY PAPERS
May 09, 2024
Economic migrants and refugees can bring both benefits and costs to their hosting countries. If well-integrated, they can support themselves, their families, and their hosting countries as producers and consumers. Both economic migration and forced displacement are therefore integrally linked with d...
Blog Post
April 30, 2024
The controversy around the IFC’s investment in Bridge Academies, a for-profit education provider in Africa and India, is not going away. Indeed, World Bank President Ajay Banga has committed to an external investigation of the entire fiasco. The Bridge investigation highlighted two significant accou...
Blog Post
April 30, 2024
Children around the world continue to face unacceptably high levels of corporal punishment in school and at home, with rates surpassing 90 percent in some places. It is one of the most common, widely accepted and preventable forms of violence. The education sector must ensure that bans are introduce...
CGD NOTES
April 30, 2024
Corporal punishment is legal in many countries. Corporal punishment in schools remains legal in 63 countries. Implementing and enforcing legislation that prohibits corporal punishment across all settings is an important step towards keeping children safe. But, how far does the passing of legislation...