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Blog Post
February 24, 2022
Last week, the central bank of Chile became the 9th member of the Latin American Reserve Fund (known by its Spanish acronym, FLAR), Latin America’s regional lender of last resort. This is great news for the pursuit of financial and economic stability in the region. Here is why.
Jan
20
2022
2:00—3:15 PM Eastern Time (US and Canada)
January 11, 2022
The global recovery is set to decelerate amid diminished policy support, continued COVID-19 flare-ups, and lingering supply bottlenecks. In contrast to that in advanced economies, output in emerging market and developing economies will remain markedly below pre-pandemic trends in the near-term. The ...
CGD NOTES
November 01, 2021
After more than a year of grappling with the economic effects of the COVID-19 pandemic, many middle-income countries (MICs) will continue to experience health and economic dislocation for some time to come. While much of the global financial community’s attention has focused on supporting low-income...
BRIEFS
July 26, 2021
A Decision Tree for Digital Financial Inclusion Policymaking is a comprehensive analytical framework to diagnose the factors significantly impeding improvements in digital financial inclusion in specific country settings. The methodology has been published as a CGD working paper and applied to...
Jul
28
2021
9:00—9:00 AM EDT
July 23, 2021
Over 1 billion adults are digitally financially excluded Ethiopia, India, Indonesia, Mexico, and Pakistan. Further, in most emerging and developing economies, more than 50 percent of the population remain excluded. Ambitious national strategies have tried to advance financial inclusion, especially t...
Jun
29
2021
12:30—1:30 PM Washington DC time
June 22, 2021
Dealing with the worst crisis in the last 50 years and in the midst of a complex sociopolitical environment, Latin America faces important dilemmas. Developing and implementing the correct fiscal policy mix is certainly one of the toughest: How can the region struck a balance between providing much ...
POLICY PAPERS
April 29, 2021
The past decade has seen significant innovation and growth in the volume and value of digital payments in India. However, we find that the associated gains have been heavily concentrated in favor of wealthier and urban customers and have had less impact on lower income and rural populations. While s...
Jan
14
2021
2:00—3:15 PM ET
January 05, 2021
Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global output is projected to remain well below its pre-pandemic trend for a prolonged period. Several risks cloud the outlook, including those related to the pandemic and to ra...
Oct
22
2020
6:00—6:00 PM EDT
October 19, 2020
La crisis del COVID-19 ha tenido un grave impacto en América Latina y el Caribe con marcadas contracciones en la actividad económica. Además, dista mucho de haber terminado y aún no se sabe cuánto durará la crisis sanitaria ni cuándo y con qué rapidez lograrán recuperarse las economías. La profunda ...
Blog Post
September 16, 2020
With a surging pandemic, income losses, and a deepening recession, Latin America and the Caribbean is facing a health and economic crisis that will test its financial systems like few events in modern times. The blow, however, can be softened. Banks as well as governments and central banks can play ...