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WORKING PAPERS
June 09, 2022
Does channeling government-to-person (G2P) payments through bank accounts encourage financial inclusion and use? This paper explores the factors that have driven the adoption of digital payments in India by beneficiaries of PMGKY, the large-scale COVID-19 relief program launched in May 2020.
POLICY PAPERS
April 11, 2022
India imposed a lock-down in response to the COVID-19 pandemic in March 2020 and began a gradual re-opening in June. A telephonic survey in April examined the early effectiveness of information and the massive PMGKY social protection program (Policy Paper 217). This paper analyzes a second-round sur...
Blog Post
November 17, 2021
At the outset of the pandemic, CGD launched a website, g2p-network.org to facilitate a series of working groups exploring digital payments and COVID-19 and to highlight important findings in the vast and rapidly growing array of academic and policy work on G2P systems. Today, we’re launching a ...
Blog Post
July 22, 2021
As the COVID-19 pandemic started to exact a toll on lives and livelihoods in early 2020, countries imposed strict lockdowns to stem the spread of infections, disrupting economies and societies across the world. With pandemic-induced constraints on in-person interactions, many countries adopted a “di...
POLICY PAPERS
July 22, 2021
Together with a lockdown and an information campaign, India’s early response to the Covid-19 pandemic included the launch of PMGKY, a major social protection package. This built on previous digital investments including in direct benefit transfer to financial accounts as well as on several establish...
Blog Post
October 20, 2020
Governments around the world have taken drastic measures to control the spread of coronavirus. Public debate has understandably focused on the differences across countries; however, there has been surprising uniformity in the severity of lockdowns and other containment measures between rich and poor...
WORKING PAPERS
October 20, 2020
The COVID-19 pandemic led governments around the world to impose unprecedented restrictions on economic activity. Were these restrictions equally justified in poorer countries with fewer demographic risk factors and less ability to weather economic shocks? We develop, validate, and estimate a fully ...
Blog Post
June 29, 2020
Last week, the IMF revised the post-COVID growth forecasts it had made originally in the April World Economic Outlook (WEO). The April growth forecasts numbers projected a significantly more optimistic outlook for EMDEs compared with advanced economies. It turns out that the latest June forecast ma...
WORKING PAPERS
May 14, 2020
The IMF’s forecasts of GDP growth in 2020 suggest a substantially muted impact of the COVID crisis for developing countries compared to advanced economies. We hope that the relative optimism will not induce complacency and elicit a less-than-forceful response by countries themselves nor legitim...