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Blog Post
May 09, 2022
Since the start of the 20th century, global average life expectancy has risen from 32 to 72 years. The introduction of antimicrobials—such as antibiotics—to treat infections, combined with vaccines and improved infection control, helped significantly reduce the risks from infectious diseases, which ...
Blog Post
May 03, 2022
In a recent note, we asked whether IDA, the arm of the World Bank that provides concessional lending to the poorest countries, has the right approach for determining the balance between grants and loans which its recipients receive. We noted that IDA concessionality depends on the level of recipient...
Blog Post
April 22, 2022
Global debt has reached an unprecedented high, surpassing levels experienced in the infamous 1980s crisis. For debt-burdened countries, the COVID-19 pandemic has severely impacted their repayment capacity due to increased crisis spending. Low-income countries (LICs) are experiencing the brunt of thi...
Blog Post
April 20, 2022
In 2021, Ghana announced a plan to issue sovereign bonds of up to $2 billion, with proceeds due partially to fund a free secondary school program. Just months later, Ghana’s rising debt burden means this is no longer feasible. Can developing countries tap the social bond market in order to fund publ...
Blog Post
February 03, 2022
Humanitarian problems continue to grow across Africa. Conflict, climate change and COVID-19 are the main causes. This is a problem for Africa, but also for Africa’s friends and neighbours, including the European Union (EU). Humanitarian problems increasingly cross borders, with spill over effec...
Blog Post
January 18, 2022
When the pandemic first struck, dealing with excessive debt and debt service burdens of developing countries figured prominently on the international response agenda. The G20 produced the Debt Service Suspension Initiative (DSSI)—a program to defer official debt service due by mostly low-income coun...
Blog Post
January 13, 2022
In the run up to the start of a long-awaited summit between the African Union (AU) and the European Union (EU), CGD colleagues will be setting out their thoughts on what needs to happen for the relationship between the two contintents to be reset as a “true partnership of eq...