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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
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
Blog Post
March 26, 2024
There was a very disappointing development at the IMF Executive Board earlier this month—the postponement of a formal decision on whether special drawing rights (SDRs) could be recycled to the hybrid capital scheme proposed by two multilateral development banks (MDBs), the African Development Bank (...
Mar
19
2024
VIRTUAL
3:30—5:00 PM CEST
March 18, 2024
In September, the United Nations will hold the 'Summit of the Future'. This summit will debate, inter alia, the reform of global economic governance, lasting solutions on debt relief, lowering costs of sovereign borrowing, and an inclusive and equitable global tax architecture. Furthermore, the Braz...
Feb
27
2024
VIRTUAL
9:00—10:30 AM EDT | 2:00pm – 3:30pm GMT
February 13, 2024
Join the Center for Global Development and E3G for a comprehensive discussion on the IMF’s role in the climate issues confronting its emerging market and developing member countries. Panelists will delve into the multifaceted role of the IMF concerning climate-related matters. Questions surrounding ...
Feb
7
2024
VIRTUAL
3:00—4:00 PM ET / 8:00-9:00 PM GMT
January 23, 2024
Please join the Center for Global Development to discuss Gregory Makoff’s new book, "Default: The Landmark Court Battle over Argentina’s $100 Billion Debt Restructuring." The book describes the fifteen-year conflict over Argentina’s 2001 default that led to a decade of litigation in U.S. courts and ...
Blog Post
December 06, 2023
As COP28 draws on, major multilateral development banks (MDBs) and the International Monetary Fund (IMF) have made flashy announcements about their desire to expand debt-for-nature swaps. About a year ago, we warned against overestimating the efficacy of such swaps in addressing both climate change...
CGD NOTES
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...
Nov
21
2023
VIRTUAL
9:00—10:30 AM ET / 2:00-3:30 PM GMT
November 06, 2023
For this event, the Center for Global Development brings together the perspectives of country policy makers and regulators, fiscal policy experts, and researchers to share insights on how some countries are already leading in application and on how other countries can benefit. Solutions are in part ...