Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

Chart showing that when infection and economy are calibrated to the US, optimal policy leads to 34.0% reduction in deaths and 21.7% GDP loss. US infection, Uganda economy is 26.8% death reduction and 12.1% GDP loss. Uganda infection, US economy shows 23.5

Lives vs. Livelihoods Revisited: Should Poorer Countries with Younger Populations Have Equally Strict Lockdowns?

Governments around the world have taken drastic measures to control the spread of coronavirus. Public debate has understandably focused on the differences across countries; however, there has been surprising uniformity in the severity of lockdowns and other containment measures between rich and poor countries. This fairly homogenous lockdown strategy has spanned much of South Asia and Latin America, which have been ravaged by the pandemic, and many countries in Africa, which appear to have contained it quite effectively.

Chart showing the loans received and repayments for World Bank clients. Most countries are net positive but some are barely and others are negative.

The World Bank’s Response to Our Analysis of its COVID Relief Efforts

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 some of the issues under debate here and reiterating the core questions and findings from our work.