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Blog Post
November 15, 2023
Low-income and many emerging market economies face a challenging outlook for maintaining, let alone increasing, health and other social expenditures (as noted in these recent blogs here and here). This predicament is primarily attributed to these nations channeling a growing proportion of their reve...
Blog Post
October 30, 2023
Realizing the Sustainable Development Goals (SDGs) and tackling the climate crisis in developing nations demands substantial investments. A recent report commissioned by the G20 estimated that for developing countries (encompassing low-income, lower-middle-income, and upper-middle-income nations), a...
Blog Post
October 24, 2023
I was thrilled when I read last week that Claudia Goldin had won the Nobel Prize in Economics. I have never met her but you could say I discovered her 20 years ago when her 2003 study with Lawrence Katz entitled “The Power of the Pill: Oral Contraceptives and Women’s Career and Marriage Decisions” w...
Blog Post
October 24, 2023
Widespread climate shocks, from heatwaves and droughts to hurricanes and coastal flooding, affect nations across all income levels, with profound implications for economic growth and human welfare. With the continued rise in average temperatures and prospects of even more severe events going forward...
Blog Post
August 30, 2023
Developing Asia as a region has experienced rapid growth over the past three decades. What have these episodes of sustained growth meant for income inequality? Has the region had “inclusive growth,” meaning growth which saw incomes rise without inequality increasing, or has inequality gotten worse? ...
Blog Post
August 22, 2023
In an earlier paper (and blog) published in March, we assessed the initial five programs supported by the IMF’s the Resilience and Sustainability Trust (RST), a new financing vehicle designed to help countries address climate change and pandemic preparedness. Among our findings, four stood out. Firs...