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...

Earlier this month two working papers came out hat produce estimates of poverty for India using different sources of data. In this blog post, we reflect on the dramatically different poverty estimates produced by each paper, and the source of the discrepancy.

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...

Has the Modi government accelerated or decelerated poverty reduction? It’s hard to know, as India has effectively stopped measuring poverty. A new World Bank paper using private-sector survey data finds the share of people living below $1.90 per day has been falling, but is higher than we thought, a...

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.

Chinese construction firms have captured a lot of the market in many developing countries and perhaps especially in African countries. By one estimate, they accounted for 31 percent of all construction projects in Africa with a value of $50m or more in 2020.

The COVID-19 pandemic has laid bare the realpolitik of global health security. It has also illuminated some uncomfortable truths. In this blog, we explore China’s global health leadership, its international cooperation and lack thereof, and analyse what we see as the future of global health sec...