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Blog Post
September 21, 2023
The likelihood of capital increase for the World Bank’s non-concessional lending arm, the IBRD, appears to be climbing. At least an odd European government appears to be doing some preparatory work for it. But any negotiations around a capital increase may be complex. Large shareholders and borrowe...
Blog Post
October 05, 2022
It is surely an urgent moment for multilateral support from the IMF and World Bank. And yet, the institutions’ financial statements suggest that support is declining. Figuring out why and what to do about it should be priority one at the upcoming World Bank-IMF annual meetings.
CGD NOTES
March 29, 2022
IMF and World Bank 2022 growth projections for emerging markets and developing economies (EMDEs), released in January this year, were not encouraging. They found that deteriorated macroeconomic fundamentals, partly resulting from policy responses to the pandemic, deep institutional deficiencies, and...
Sep
14
2021
2:00—3:00 PM Washington DC Time
July 28, 2021
Extreme episodes of capital flow volatility have long been a concern for policymakers in Latin America because of the threat that they pose to macroeconomic and financial stability. In the decade following the Great Financial Crisis of 2008-09, capital flows seemed to move more in ripples than in wa...
Blog Post
June 30, 2021
If B3W is to be the better Belt and Road, it will have to embrace the role of government in infrastructure provision and ensure private sector infrastructure projects are designed and run in the public interest. Otherwise, and despite the denials-, low- and middle-income countries would be right to ...
Blog Post
June 04, 2021
The benefits to expanded vaccination programs in low- and middle-income countries (LMICs) simply dwarf the cost. Rich countries should be donating more vaccines faster to poorer countries. It is difficult to think of a more urgent global priority and it is surely a best buy in international developm...
Sep
16
2020
3:00—4:15 PM ET
September 09, 2020
COVID-19 has taken a large toll on lives and on economies in Latin America and the Caribbean and it is far from over. The deep recession and the serious income losses for families and firms may bring significant challenges for financial systems. As a result, good policies will be critical to naviga...
Blog Post
July 20, 2020
Over the last sixty years, we have seen many changes in what constitutes a "rich" country, but little difference in what counts as a poor country requiring significant development assistance. While donor status appears more closely tied to relative income, significant recipient status appears to hav...
Jul
22
2020
11:30—12:30 PM ET
July 16, 2020
According to IMF and World Bank forecasts, Latin America will be the most affected region by the COVID-19 crisis in terms of economic growth. Varying degrees of lockdowns and the shock to trade, commodity, prices, tourism, and remittances from the pandemic – exacerbated by already weak health system...
Jan
16
2020
9:30—11:00 AM
January 07, 2020
Following a year during which the global economy registered its weakest performance of the past decade, global growth is expected to recover slightly in 2020. However, the global economy is confronted by numerous risks, including trade tensions, financial stress, and geopolitical concerns. The mater...