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Blog Post
December 18, 2023
The Lancet Investing in Health Commission, led by Larry Summers and Dean Jamison in 2013, envisioned a grand convergence in key health indicators by 2035 between low-income and low-middle-income countries and the best-performing middle-income countries. Given significant global changes since the rep...
Blog Post
November 15, 2023
Low-income and many emerging market economies face a challenging outlook for maintaining, let alone increasing, health and other social expenditures (as noted in these recent blogs here and here). This predicament is primarily attributed to these nations channeling a growing proportion of their reve...
Blog Post
June 23, 2021
The COVID-19 pandemic has left a large dent in the government budgets of low-income countries (LIDCs). During 2020, they had no choice but to increase public spending to fight the pandemic at a time when shrinking economic activity depressed their revenues. In this blog post, we argue that whil...
Blog Post
July 27, 2020
In this blog post, we argue that the COVID-19 crisis has made it imperative for developing countries to begin reforming their tax systems to generate more resources domestically—reforms which they have postponed until now because of vested interests. Reforming tax expenditures would not only ge...
CGD NOTES
June 01, 2020
The global impact of the COVID-19 pandemic on economic output and public finances in 2020 and beyond is projected to be massive. Fiscal policy can have a crucial role in mitigating the pandemic’s overall economic impact and promoting a quick recovery. It can help save lives and shield the most-affec...
Blog Post
April 29, 2020
Even as the COVID-19 curve begins to flatten in the Northern Hemisphere, the developing world is just starting to feel its onslaught. Just as in the United States, where some of the most effective responses to the global pandemic are generated locally, the success of developing countries will also b...