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Jan
17
2024
VIRTUAL
2:00—3:00 PM ET / 7:00-8:00 PM GMT
December 18, 2023
To navigate this unsettled, difficult period, how can policymakers need to make their economies more resilient to shocks while implementing comprehensive structural reforms to boost long-term growth prospects? And can the global economy finally move past these overlapping crises to turn a corner? Jo...
Blog Post
October 05, 2023
A year ago, the International Monetary Fund (IMF) announced that an alarming 60 percent of developing countries and 25 percent of emerging market economies were either in debt distress or at severe risk of default. The confluence of severe shocks in the period 2020-22, starting with the COVID-19 pan...
WORKING PAPERS
October 05, 2023
This paper uses a straightforward Resilience Indicator, constructed from a small set of economic and institutional variables, to show that by 2019, prior to the COVID-19 pandemic and subsequent global shocks, it was possible to identify emerging markets and developing countries that would encounter ...
CGD NOTES
June 07, 2023
The Committee identifies three critical developments in the global economy with profound implications that require urgent changes at the IMF. This statement advances broad proposals to address these issues by creating an Emerging Markets Fund (EMF); modifying the G20 Common Framework to effectively ...
Apr
4
2023
3:00—4:00 PM ET / 8:00-9:00 PM BST / In-person and online
March 22, 2023
The multilateral development banks are in the spotlight as countries struggle to address multiple crises, setbacks in poverty reduction, and global climate and health challenges. Shareholders and the broader international community are calling for a system-wide reform of MDBs to help them assist cou...
CGD NOTES
March 16, 2023
The the wake of the Silicon Valley Bank collapse, bank regulators and supervisors in emerging markets should be looking closely at their own banking systems with lessons from Silicon Valley in mind. For most emerging markets, where previous banking crises were devastating and turned back the clock o...
Jan
11
2023
2:00—3:00 PM Eastern Time | 7:00 - 8:00pm GMT
December 21, 2022
The world economy has been suffering a series of destabilizing shocks. Consensus forecasts for global growth in 2023 have been downgraded significantly over the past six months. Although these forecasts do not point to a global recession for now, the steep slowdown heightens the likelihood of a glob...
CGD NOTES
November 16, 2022
Inflation has become a central feature of the global economy. In Latin America (aside from idiosyncratic cases such as Argentina and Venezuela, where high inflation rates have long been the norm), inflation began to rise the first half of 2021, at the same time it did in the US. The fact that risin...
REPORTS
August 03, 2022
This report—the product of a joint working group convened by the Center for Global Development and the Inter-American Development Bank—focuses on firms and labor markets in Latin America and the Caribbean during the COVID-19 crisis and the highly uncertain recovery phase now underway. The ongoing Ru...
CGD NOTES
July 11, 2022
A well-known structural problem in Latin America is that firms are generally quite small and most workers in the region are concentrated in small firms. In recent years, about 32 percent of workers were self-employed, and of those working in firms, over 50 percent were in firms that employed 10 or f...