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Blog Post
December 18, 2020
This blog proposes some critical steps—many of which are long overdue—that international financial institutions (IFIs) and multilateral development banks (MDBs) must take if their money is to work more effectively to support African countries recover from the pandemic’s fallout.
Blog Post
September 16, 2020
With a surging pandemic, income losses, and a deepening recession, Latin America and the Caribbean is facing a health and economic crisis that will test its financial systems like few events in modern times. The blow, however, can be softened. Banks as well as governments and central banks can play ...
Blog Post
May 11, 2020
In late April, CGD’s senior fellow Liliana Rojas-Suarez and distinguished non-resident fellow Mauricio Cárdenas participated in an event organized by Columbia University to discuss the economic prospects in Latin America. They were joined by the director of sovereign ratings at Fitch, Richard Franci...
Blog Post
April 30, 2020
The COVID-19 pandemic is taking a huge economic toll in low-income countries. The IMF has provided prompt support to help mitigate it, but it could and should do much more. The political commitment of the international community will be essential for the institution to fulfill its potential.