The IMF should be applauded for implementing the Resilience and Sustainability Facility (RSF). That said, it is highly improbable that extending RSF financing to an additional 44 countries will be feasible in the next one or two years as it would require a major change in the mindset of borrowing co...

The COVID-19 pandemic caused a sharp reduction of economic activity in the first months of 2020, which negatively affected the revenues, liquidity, and, potentially, the solvency of many firms. In response to this crisis, the European Central Bank (ECB) announced the Pandemic Emergency Purchase Prog...

“Embrace mediocrity and accept the unoriginal” may not sound like a great rallying cry for World Bank staff, but if we really want the institution to ramp up lending for renewable power and low-carbon transport, it might be the call we need.

MDBs and DFIs know how to originate assets in markets that other investors are unable to reach. Some have also learnt how to package and share these assets with institutional investors. It's time they focused these capacities on scaling up their mobilization of private capital in areas where there i...

In a speech at CGD, USAID Administrator Samantha Power announced a new USAID initiative: promoting primary health care systems in developing countries. Will this welcomed initiative last beyond her tenure at the agency?

Much ink has been spilled over the impact of borrowing country institutions and the policies and practices of donor organizations on aid effectiveness. But what do we know about the role of those individuals who often represent the key interface between country-level institutions and donor-funded pr...

This month, Ghana and Nigeria became the first two countries to approve the use of R21, a vaccine that may have game-changing effectiveness in protecting people from malaria. The emergence of effective vaccines promises a new golden age of success in the fight against malaria, just as such efforts h...