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Blog Post
March 28, 2023
In April 2022, the IMF board approved the establishment of the Resilience and Sustainability Trust (RST) to provide financial support to countries addressing two key long-term structural challenges, climate change and pandemic preparedness. Almost a year late, the board has approved RST-supported pr...
Blog Post
November 30, 2022
An effective transformation of the MDB system can’t happen from Washington alone—what emerging markets and low-income countries alike want from the MDB system will need to be front and center. To ensure borrower perspectives are a major part of the conversation, two finance ministers have agreed to ...
Blog Post
August 11, 2022
Ahead of COP27, which will take place in Egypt in November 2022, CGD hosted an event that aimed to identify the challenges of mobilizing private finance for climate action in Africa as well as the opportunities and policies needed to overcome them. From the rich discussions, we have summarized a ran...
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
December 22, 2021
In the fifth installment of the Future of Development series, which brings together experts to discuss the big questions facing developing countries over the next decade, Leonard Wantchekon and Sarah Khan took on the role of politics in development (and vice versa), exploring how political distortio...
Blog Post
October 26, 2021
Africa’s informal sector remains the largest in the world. According to the International Labor Organization, it claims almost 90 percent of the economy in sub-Saharan Africa and about two-thirds in North Africa (although there is significant heterogeneity in its size across countries).
Blog Post
July 20, 2021
In light of this current global health challenge, the Center for Global Development (CGD) and the Konrad Adenauer Foundation (KAS) have launched a series of events to strengthen the understanding and ties between German and US policy makers, experts, and civil society organizations. The fi...
Blog Post
April 05, 2021
While those lucky enough to live in the United States or Europe fret about the extra weeks before their vaccine jab is scheduled, 6 billion people in developing countries will need to wait months, if not years. COVID-19 vaccine production lags far behind demand, and one reason why developing countri...
CGD NOTES
April 05, 2021
A new IMF rapid credit window could provide some $30 billion to cover the vaccine financing needs for most developing countries through 2021-22. The mechanism would facilitate collective action to negotiate increased production, the main obstacle to achieving vaccine coverage and rectifying the gros...