Mark Plant
@MarkWPlant
Followers
1K
Following
668
Media
3
Statuses
480
Senior Policy Fellow at @cgdev working on development finance. Former @imfnews. All views my own.
Washington, DC
Joined November 2017
SDRs could be a source of development capital, without endangering global reserves assets. Three ingredients are needed: a shared sense of urgency, a softening of monetary doctrine, and some political push. @cgdev @IMFNews.
cgdev.org
Global reserves, though nationally held, are a public good, and modest, risk-mitigated innovations—such as direct allocations of Special Drawing Rights to multilateral development banks—could unlock...
0
1
1
Aid cuts are catastrophic in West Africa. With @charleyward23 for @CGDev .
cgdev.org
As rates of conflict and fragility rise across West Africa and the Sahel, aid flows from the largest donors, including France and the US, decline. These reductions threaten to eliminate life-saving...
2
4
5
Will 2025 be the year of @IMFNews reform? Lots of proposals are on the table. @CGDev 's non-resident fellow, David Andrews, has compiled a compendium of what people are proposing, how proposals relate to each other, and the obstacles to implementation.
cgdev.org
The 80th anniversary of Bretton Woods has brought forth many proposals on how the IMF should change to respond to emerging economic and financial challenges and to a very different geopolitical...
1
4
8
RT @JonSward: Great reporting by @joeloyo on @ecb being the main barrier to rechanneling SDRs to multilateral development banks, with quote….
climatechangenews.com
The European Central Bank (ECB) told national central banks not to re-channel special drawing rights (SDRs) that would boost climate finance
0
5
0
SDR recycling to MDBs seems increasingly unlikely. Maybe a more direct approach is needed. @SongweVera and I have a proposal. @CGDev .
cgdev.org
MDBs need more firepower to help low- and middle-income countries weather the climate transition. Their proposal to use SDR-funded hybrid capital to increase loans has merit but is mired in conserv...
1
6
15
We know it's coming, but will we still be shocked? The BWIs must prepare Africa's oil exporters for what is to come -- blog and paper with Cleo Rose-Innes. @CGDev .
cgdev.org
The International Monetary Fund and the World Bank were created to assist members facing financial crises, but are they ready to respond to Africa’s looming oil shock? The short answer is no, but as...
1
5
15
It is unsurprising that financial systems treat women worse than men, but seeing it in the data brings reality to perception. @mayrabuvinic @AlbaR_Loureiro @CGDev .
cgdev.org
Gender data is needed to gauge the extent to which financial services include and benefit women. However, sex-disaggregated data that tracks access to and use of financial services is still hard to...
1
5
8
The PRGT at the @IMFNews requires more financing. Can that be done internally? David Andrews makes the case for using the IMF's balance sheet better. @CGDev .
cgdev.org
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...
1
4
6
Whither GAVI? @cgdev explores the future with global experts.'.
pubs.cgdev.org
To help inform Gavi's future priorities, @CGDev convened experts across governments, civil society, global health, academia and more. This virtual forum highlights their views on key challenges +...
0
0
0
The @IMFNews trust for supporting low-income countries needs a boost. Gold is the answer as @MarkSobel_OMFIF explains.
brettonwoods.org
The IMF should sell a very modest amount of its gold holdings to generate resources for maintaining subsidized interest rates on its future lending to Low Income Countries (LICs). The IMF is a prized...
1
4
7
Having now read the @IMFNews report on SDR recycling, it's clear the battle isn't over.
cgdev.org
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...
0
4
18
The @IMFNews has approved the use of SDRs in hybrid capital instruments! Now countries need to recycle into them!.
imf.org
On May 10, 2024, the IMF’s Executive Board approved the use of Special Drawing Rights (SDRs) for the acquisition of hybrid capital instruments issued by prescribed holders. This new use of SDRs,...
0
6
11
RT @charleyward23: My report for @caspiancenter on how a US ban on Russian uranium imports affects Central Asia:.
0
4
0
The IMF/World Bank spring meetings are coming next week. My @cgdev colleagues and I discuss what to expect.
cgdev.org
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...
0
4
12
GAVI has changed the world in many ways. But it can be even better. My colleagues at @CGDev have a plan worthy of consideration as it goes through a year of changes.
cgdev.org
Gavi is facing several important milestones in 2024: developing its next five-year strategy, known as “Gavi 6.0,” gearing up for its upcoming replenishment, and welcoming its new CEO. This year...
0
3
7
RT @CGDev: On the sidelines of this year's @IMFNews and @WorldBank #SpringMeetings 🌸, .@CGDev is hosting important discussions with leading….
0
7
0
Lending transparency busts myths -- from @cgdev colleagues @MathiasenKV @Nancyb_Lee and Samuel Matthews.
cgdev.org
For those of us who have long been pressing for more access to data from the Global Emerging Markets (GEMs) Risk Database (here and here), the publication this week of a report on MDB loan recovery...
1
2
6
The recycling of SDRs to MDBs has hit a roadblock at the Executive Board of the @IMFNews . My blog explains that there is no good technical reason for the delay. Politicians need to push.
cgdev.org
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...
0
9
9