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CGD NOTES
July 08, 2021
World Bank budget support projects throughout the COVID-19 global health emergency contain significant policy conditionality. On average, each operation required the recipient government to implement 8 policy reforms to secure funding—a reasonable constraint in “normal” times but at odds with the tw...
CGD NOTES
April 05, 2021
Last year at this time, the World Bank announced its intention to provide $104 billion in financing to developing country governments to help them respond to the COVID-19 crisis. We took stock of those efforts seven months ago. More than a year into the pandemic, it’s time to check in again on the B...