The tide is turning: the economic recovery in the Asia-Pacific region is picking up steam. Last week’s forecasts from the IMF suggest that economic growth in the region’s developing and emerging countries will rise from 4.4 percent in 2022 to 5.3 and 5.1 percent in the current and following year. Th...

This week, the African Development Bank (AfDB) will hold its annual meeting in Sharm El Sheikh, Egypt. This is the right moment for its shareholders and other donors to commit to allocating some of their excess Special Drawing Rights (SDRs) to the hybrid capital fund that the AfDB has proposed to ...

The recent Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF) shone a light on the enormous and enlarging gulf between developing countries’ needs and what high-income countries are currently offering. Already constrained by the economic aftershocks of COVID-19, low- an...

Many apologies for the unscheduled break in the Links last Friday. It’s long been a point of pride that, excepting planned holidays, I never miss a Friday. Last week’s sudden absence was—to the best of my recollection—the first since the 24th of June, 2016; as the votes were tallied that morning and...

In recent years, the international constituency for development has expanded beyond the Organisation for Economic Cooperation and Development's (OECD) Development Assistance Committee (DAC). At a time when the global nature of development challenges requires utilizing diverse skills, knowledge, and ...

Today we launched two country case studies examining policy proposals to improve antimicrobial procurement in India and Brazil (versão em português). These studies are outputs of CGD’s working group on antimicrobial procurement in low- and middle-income countries (LMICs), which is developing recomme...

Youth unemployment is a massive problem in many African countries, where the formal sector is small and the population is still expanding rapidly. Relative to young people in other parts of the world, African youth entering the labor force are more likely to be forced to take unpaid jobs to gain exp...