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REPORTS
August 03, 2022
This report—the product of a joint working group convened by the Center for Global Development and the Inter-American Development Bank—focuses on firms and labor markets in Latin America and the Caribbean during the COVID-19 crisis and the highly uncertain recovery phase now underway. The ongoing Ru...
CGD NOTES
November 01, 2021
After more than a year of grappling with the economic effects of the COVID-19 pandemic, many middle-income countries (MICs) will continue to experience health and economic dislocation for some time to come. While much of the global financial community’s attention has focused on supporting low-income...
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...
Blog Post
October 16, 2020
Our recent paper examining the World Bank’s COVID-19 performance garnered a response from the institution, which you can read here. We very much welcome the bank’s comments on its crisis performance in reaction to our paper. We stand by the data and conclusions of our paper, but it’s worth reviewing...
Blog Post
October 12, 2020
The World Bank has committed to providing $104 billion in financing by next June to help developing countries deal with the COVID-19 crisis. Is that sufficient to meet the needs of developing countries facing a massive growth contraction? And will the bank actually deliver on its pledge?
WORKING PAPERS
October 12, 2020
We compile a new data set, combining official sources with transaction-level records scraped from the World Bank website, spanning all commitments, disbursements, and payments on all World Bank loans from before the 2008-09 Global Financial Crisis through August 2020, allowing us to compare the...
Blog Post
September 16, 2020
With a surging pandemic, income losses, and a deepening recession, Latin America and the Caribbean is facing a health and economic crisis that will test its financial systems like few events in modern times. The blow, however, can be softened. Banks as well as governments and central banks can play ...
REPORTS
September 16, 2020
The purpose of this report is twofold: to identify and discuss a set of challenges, and to develop key recommendations. The overarching goal is to provide support to policymakers in the region who may face difficult decisions to ensure that banks play a constructive role and support families and fir...