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Blog Post
October 05, 2023
A year ago, the International Monetary Fund (IMF) announced that an alarming 60 percent of developing countries and 25 percent of emerging market economies were either in debt distress or at severe risk of default. The confluence of severe shocks in the period 2020-22, starting with the COVID-19 pan...
Blog Post
June 20, 2023
Last year, we highlighted five areas to watch in the world of refugee policy; they remain just as important today. This year, we’ll highlight some of our recent work on these areas. Our findings surprised us, shifted our views, and shaped our engagement, and we hope they can contribute to meaningful...
Blog Post
August 03, 2022
While many small firms closed their doors during the pandemic, surprisingly few larger firms failed. Instead, they survived by cutting costs and forgoing investment, depleting their productive capital in the process. A new report from CGD and the IDB examines the challenges faced by firms during the...
Blog Post
December 10, 2020
Given that international travelers introduced COVID-19 to almost every country in the world, it's natural to associate international mobility with the spread of disease. During the pandemic, 179 countries have implemented some form of travel restrictions. And beyond COVID-19, some countries may upho...
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 ...