When G20 Finance Ministers meet this weekend in Bali, their meeting will likely be no more harmonious than their Foreign Minister counterparts managed ten days ago. But the world – and developing countries in particular – deserve better. The reality for the world’s poorest countries is getting bleak...

This week we welcome the release of a new CGD book: Relief Chief: A Manifesto for Saving Lives in Dire Times, by Mark Lowcock. A former UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator—and a current Distinguished Non-Resident Fellow at CDG—Mark gives us an inside ...

Global debt has reached an unprecedented high, surpassing levels experienced in the infamous 1980s crisis. For debt-burdened countries, the COVID-19 pandemic has severely impacted their repayment capacity due to increased crisis spending. Low-income countries (LICs) are experiencing the brunt of thi...

The World Bank and IMF Spring Meetings take place this week, bringing leaders from around the world to Washington. CGD’s experts take you through what they’re paying attention to.

Last week, the central bank of Chile became the 9th member of the Latin American Reserve Fund (known by its Spanish acronym, FLAR), Latin America’s regional lender of last resort. This is great news for the pursuit of financial and economic stability in the region. Here is why.

This month marks the one-year anniversary of CGD’s COVID-19 Gender and Development Initiative. Through the initiative, my colleagues have produced research, convened dialogues, and developed evidence-based policy proposals, all aimed at contributing to a more inclusive global recovery from the COVID...

When the pandemic first struck, dealing with excessive debt and debt service burdens of developing countries figured prominently on the international response agenda. The G20 produced the Debt Service Suspension Initiative (DSSI)—a program to defer official debt service due by mostly low-income coun...