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Blog Post
January 13, 2023
The new year has hardly begun, but fears of a looming recession persist. Pandemic-era increases in health spending are unlikely to continue in low- and middle-income countries. Growing fiscal pressures—such as high debt, increasing interest rates, and declining foreign aid and revenues—bode ominous...
Blog Post
November 21, 2022
As the world faces multiple crises and the economic and health scars left by the pandemic are still evident, it is clear that governments are unlikely to sustain pandemic-era health spending increases in this recovery phase. How can LMICs align their plans and discourse around universal health cover...
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...
POLICY PAPERS
June 06, 2022
Before the pandemic, the achievement of the SDGs by 2030 was doubtful in part because of the slow pace in generating additional revenues from domestic sources. As the financing needs have increased after the pandemic, the achievement of these goals will be delayed beyond 2030, unless additional fina...
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...
Blog Post
March 15, 2021
The COVID-19 pandemic has taken a significant toll on African economies. Despite the significant support for COVID-19 response provided by their bilateral and multilateral partners, African countries continue to face significant financing needs to protect lives and livelihood and bolster prospects f...
POLICY PAPERS
March 15, 2021
The COVID-19 pandemic has taken a significant toll on African economies. On the continent, countries continue to face significant financing needs to protect lives and livelihood and bolster prospects for a stronger and more resilient economic recovery. To help meet these needs, the international com...
Blog Post
January 27, 2021
In many African countries, the economic response to the crisis so far appears to have been broadly less consistent than the health response. For mitigation measures to be stronger and more effective, and for sustained recovery to take place, governments, central banks, and regional institutions will...