By Udaibir Das
Africa stands on the precipice of a financial renaissance, poised to redefine its influence in the global investment sphere.
Background Paper No. 38
By Jeffrey D. Bean and Dhruva Jaishankar
By Udaibir Das
Drawing on the public sector balance sheet literature, the economics of sovereign self-insurance, and the Knightian distinction between risk and uncertainty, this paper argues that conventional sovereign asset-liability management is necessary but incomplete.
Edited Volume
By Rachel Rizzo, Clemens Chay, Kartik Bommakanti, Vasabjit Banerjee, Aleksei Zakharov, Soumya Bhowmick, Arya Roy Bardhan, Jhanvi Tripathi, and Samriddhi Vij
Editors: Sharon Stirling and Eszter Karacsony
By Udaibir Das
More moves of this kind should be expected, extending beyond energy into critical minerals, technology standards, industrial policy, and cross-border finance. The UAE’s decision is not an outlier. It is a marker — not of fragmentation, but of redefinition.
By Udaibir Das
Africa stands on the precipice of a financial renaissance, poised to redefine its influence in the global investment sphere.
By Udaibir Das
As a unified bloc, Africa can negotiate better terms in international trade agreements, investment deals and financial arrangements.
By Udaibir Das
Today’s financial sector is complex and plagued by structural flaws and unfinished reforms.
By Udaibir Das
Balance sheet risks have become more challenging and critical for resource-rich, low-income countries, especially in Africa.
By Udaibir Das
While the digitalisation of finance advances and the potential introduction of central bank digital currency might aid finance in Africa, it is not enough.
By Anit Mukherjee, Ubah Thomas Ubah, Brian Webster, Wendy Cunningham, and Georgina Marin
Using data from three countries, this paper finds that digital government-to-person (G2P) payments were effective in reaching urban informal sector beneficiaries quickly and safely during the COVID-19 crisis.
By Udaibir Das
The past 50 years have seen shifts in the global financial system’s behaviour. Major market crises, such as the 1997 Asian crisis and the 2008 financial crisis, have resulted in more robust financial policies focused on licensed entities.
By Anit Mukherjee, Yuko Okamura, Ugo Gentilini, Defne Gencer, Mohamed Almenfi, Adea Kryeziu, Miriam Montenegro, and Nithin Umapathi
Over the past several decades, as part of the evolving understanding of energy subsidy reforms, there has been growing recognition of the potential of targeted cash transfers to support the poor and vulnerable to help governments achieve desired policy outcomes at lower fiscal cost and in a sustainable manner.
By Anit Mukherjee & José Barrera
The Raisina Dialogue held in New Delhi in March 2023 provided a forum where officials, academics, and leaders from around the world, including Latin America, met to discuss global governance issues.
By Anit Mukherjee, Laura Bermeo, Yuko Okamura, Jimmy Vulembera, and Paul Bance
This study looks in depth at Democratic Republic of the Congo’s (DRC) approach to delivering emergency cash transfers: the Solidarity through Economic Transfers Against the Poverty in Kinshasa (STEP-KIN) program.
By Udaibir Das
While the world is preoccupied with the stability of the western banking system, China has been busy overhauling its financial regulatory architecture.
By Anit Mukherjee, Alan Gelb, and Brian Webster
This study considers the experience of the mothers with the shift to mobile money, and to the change in payments service provider that took place in 2019, through a survey of recipients and a control group.
By Anit Mukherjee
Data is a challenge, but with imaginative incentives, metrics, and solutions such as an AgriStack, we can look forward to a new agricultural revolution over the coming decade.
By Anit Mukherjee, Alan Gelb, and Brian Webster
This study surveys the payment system from the perspective of recipients, including their views on convenience and the benefits from competition.
By Terri B. Chapman, Jhanvi Tripathi & Rakesh Kumar Sinha
This report examines how India can better integrate into GVCs while building resilience.
By Terri B. Chapman & Mannat Jaspal
Who does the climate finance architecture serve most, who is left behind, and how is it shaping inequality between countries?
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