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Blog Post
May 09, 2022
Since the start of the 20th century, global average life expectancy has risen from 32 to 72 years. The introduction of antimicrobials—such as antibiotics—to treat infections, combined with vaccines and improved infection control, helped significantly reduce the risks from infectious diseases, which ...
Blog Post
April 28, 2022
In the past two years, we have all learned that the end of a COVID-19 wave is the end of a chapter, not the end of the story. Ongoing COVID transmission means the risk of new variants of pandemic potential is ever present and vaccination remains our best defence. The primary near-term challenges for...
Blog Post
April 25, 2022
In the midst of a crisis, Special Drawing Rights (SDRs) are sitting idle in many countries’ central banks. With a political push and some technical innovation, they can be put to good use at the multilateral development banks (MDBs) to accelerate the fight against climate change.
Blog Post
April 07, 2022
The Millennium Challenge Corporation (MCC) has earned a reputation for its strong focus on results, which informs everything from country selection to the robust evaluation of project impacts. One of the bedrocks of MCC’s results orientation is its requirement that its projects achieve high economic...
Blog Post
April 05, 2022
Ukraine has close to $2.7 billion in principal and interest payments due to the World Bank and IMF in 2022. The government of Ukraine should not be expected to repay its debt to the international financial institutions (IFIs) while it is mobilizing all its resources to fend off the Russian invasion...
Blog Post
March 31, 2022
The effort to recycle unneeded SDRs from wealthy countries to poor countries was dealt a major setback in an omnibus spending deal recently passed by the US Congress. The final measure failed to include language authorizing the US Treasury to recycle 15 billion SDRs, worth about $21 billion, to the ...