Economic Development

The UK’s National Wealth Fund: A Guiding Beacon or a Lost Mirage? Strengthening Governance to Empower the UK’s Future

The UK’s National Wealth Fund: A Guiding Beacon or a Lost Mirage? Strengthening Governance to Empower the UK’s Future

By Udaibir Das

The UK is poised to make a significant impact with the National Wealth Fund (NWF), a fund designed to spearhead its green transition and support sustainable growth. Will the UK’s NWF be a guiding economic beacon or just a political mirage?

The Power of the Private Sector: Boosting Climate Resilience

The Power of the Private Sector: Boosting Climate Resilience

By Udaibir Das

The IMF’s RST is a significant step forward in mobilising climate finance, focused on leveraging private sector involvement. By learning from the RST’s successes and challenges, other international efforts can enhance their strategies to attract private capital, creating a more sustainable and resilient global economy.

Delivering Digital G2P Payments to Urban Informal Populations

Delivering Digital G2P Payments to Urban Informal Populations

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.

Cash Transfers in the Context of Energy Subsidy Reform: Insights from Recent Experience

Cash Transfers in the Context of Energy Subsidy Reform: Insights from Recent Experience

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.