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CGD NOTES
November 18, 2020
We examine the behavior of Chinese government lenders in two debt rescheduling episodes: a “low stakes” case involving Seychelles and a “high stakes” case involving the Republic of Congo. The fact that the Republic of Congo was worse off after rescheduling its debts with Beijing underscores the impo...
Blog Post
June 04, 2020
Rather than providing relief on repayments from existing loans, IDA’s debt sustainability framework adjusts future financing from loans to grants for countries at high risk of debt distress. But what happens to IDA’s loans-to-grants model when a large number of IDA countries trigger the risk thresho...
POLICY PAPERS
April 02, 2020
China’s lending volumes in developing countries far surpass those of other bilateral creditors and compare in scale only to World Bank lending practices. Where World Bank lending terms, volumes, and policies are publicly available, the state of knowledge on official Chinese financing terms remains l...
Blog Post
December 12, 2019
In October 2018, the UN-convened Intergovernmental Panel on Climate Change delivered a high confidence estimate that the world has 12 years to achieve net CO2 emission reductions to limit global warming to 1.5° C. Shortly thereafter, Oxfam put out a blog post calling out the inter...
BRIEFS
October 11, 2019
The World Bank is a multilateral organization that provides financial and technical assistance to developing countries. As the World Bank’s largest shareholder, the United States maintains a unique influence in shaping its agenda and has a vested interest in ensuring the institution is well ma...
Blog Post
July 11, 2019
The Center for Global Development's annual summer reading list, presenting a selection of recommendations from CGD researchers and staff, is back with more ways to explore, analyze, or escape the world around you (reader's choice!). Swing back to the 1860s to visit New Zealand during th...