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Working Papers

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Sustainable Development

As developing countries pursue infrastructure projects, they should aim to address a combination of the pandemic, climate, inequality, and other crises with the right mix of economic and social infrastructure. To do this, governments must invest in a national infrastructure planning process, align planning with the SDGs, and prioritize sustainable infrastructure over infrastructure that does not put people and the planet first. There is no silver bullet for all the challenges; however, incremental changes based on innovative precedents can potentially make a difference on the ground. This paper proposes an analytical framework to consider these challenges and concludes with possible…

Economic Analysis and Policy, Sustainable Development

Does digitalization reduce corruption? What are the benefits of data-driven digital government innovations to strengthen public integrity and advance the Sustainable Development Goals? While the correlation between digitalization and corruption is well established, there is less actionable evidence on the effects of specific digitalization reforms on different types of corruption and the policy channels through which they operate. This paper unbundles the integrity dividends of digital reforms that the pandemic has accelerated. It analyses the rise of integrity-tech and integrity analytics in the anticorruption space, deployed by data-savvy integrity institutions. It also assesses the…

Economic Analysis and Policy

Recent calls for more intense debate on and reforms to the international monetary system imply that the current system is unable to respond appropriately and adequately to challenges that have appeared, or become more acute, in recent years. This paper focuses on four such challenges: ensuring an orderly exit from global imbalances, facilitating more complementary adjustments between surplus and deficit countries without recessionary impacts, better supporting international trade by reducing currency volatility and better providing development and climate finance. After describing them, it proposes reforms to enable the international monetary system to better respond to these challenges…