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 ...

Long-term care workers have, in many countries, become the face of the COVID-19 pandemic. The Asian region is no different. As the region grapples with an increasingly aging population, the pandemic has prompted new policies that aim to support long-term care workers, particularly migrants, in suppo...

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.

When sudden shocks like the COVID-19 pandemic cripple an economy’s ability to rapidly raise revenue and reallocate limited resources, multilateral development banks (MDBs) can lead the crisis response. MDBs provide a range of instruments that support countries in different ways and at different peri...