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Blog Post
June 06, 2022
This blog post argues that higher health spending is unlikely to be sustained because of the pandemic’s adverse impact on revenues, other spending pressures, and the resulting deteriorating fiscal position of LLMICs. This suggests that countries will need to undertake policy actions to create additi...
Blog Post
April 18, 2022
As developing countries recover from the pandemic, they will need to bring their public finances to a more sustainable position by streamlining public spending and strengthening the revenue base. The need to mobilize additional resources has been exacerbated by the recent economic turmoil triggered ...
Blog Post
December 17, 2021
It’s well known that children in low- and middle-income countries are not learning enough, with half of children unable to read and understand a simple text by age 10. So, what can we do to change things?
There’s a growing body of evidence about approaches that have successfully improved learning...
Blog Post
November 08, 2021
In a study of 131 IMF programs, I found that IMF conditionality in general helped to shield education and health spending from budget cuts in the short term, particularly during budget negotiations, but it did not succeed in significantly raising spending in relation to GDP over time. In this light,...
Blog Post
June 30, 2021
The COVID-19 pandemic has pushed 120 million people across the globe into extreme poverty, and the limited data available thus far suggests that the wealth of extremely rich individuals has risen at the same time. In this blog post, we provide new evidence that in addition to its human cost, te...