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Blog Post
December 03, 2020
When President-Elect Biden takes office in January, he will face a daunting set of challenges in the US wrought by the COVID-19 pandemic. His administration’s core agenda will necessarily be shaped by the twin imperatives of containing the virus itself and supporting Americans as they weather the ec...
CGD NOTES
November 18, 2020
We examine the behavior of Chinese government lenders in two debt rescheduling episodes: a “low stakes” case involving Seychelles and a “high stakes” case involving the Republic of Congo. The fact that the Republic of Congo was worse off after rescheduling its debts with Beijing underscores the impo...
Oct
28
2020
1:00—2:00 PM EDT
October 20, 2020
Seventy-five years after its inception, the multilateral development system is under stress and challenged as never before. At the threshold of the “decade of action” (2020-2030), the multilateral development system has hardly ever been so solicited, with a highly ambitious global development agenda...
Blog Post
October 16, 2020
Our recent paper examining the World Bank’s COVID-19 performance garnered a response from the institution, which you can read here. We very much welcome the bank’s comments on its crisis performance in reaction to our paper. We stand by the data and conclusions of our paper, but it’s worth reviewing...
Oct
21
2020
9:00—10:00 AM EST
October 14, 2020
The New Development Bank recently marked its 5th anniversary with over $21 billion in cumulative financing commitments in support of development projects in its member countries. Due to its unique ownership structure, drawn exclusively from the five “BRICS” countries (Brazil, Russia, India, China, a...
Blog Post
October 12, 2020
The World Bank has committed to providing $104 billion in financing by next June to help developing countries deal with the COVID-19 crisis. Is that sufficient to meet the needs of developing countries facing a massive growth contraction? And will the bank actually deliver on its pledge?
WORKING PAPERS
October 12, 2020
We compile a new data set, combining official sources with transaction-level records scraped from the World Bank website, spanning all commitments, disbursements, and payments on all World Bank loans from before the 2008-09 Global Financial Crisis through August 2020, allowing us to compare the...
Oct
8
2020
8:30—10:30 AM EDT
October 05, 2020
Since the adoption of the Sustainable Development Goals (SDGs) in 2015, the narrative on financing progress towards these goals in low-income countries (LICs) and select lower-middle-income countries (LMICs) has been dominated by a focus on the desirable rather than the feasible. The need for more r...