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CGD Policy Blogs

 

A stethoscope on a pile of cash

Governing New Pandemic Preparedness Financing – What’s Needed for Credibility, Legitimacy, and Effectiveness

Regardless of the institutional home and scope, there are four essential attributes to build into the financial intermediary fund (FIF)’s design, drawing on lessons learned from existing global funding entities and the broader global governance community. While these elements are intuitive in theory, they require deliberate design and commitment to ensure that they are integrated effectively into the ultimate FIF.

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What Comes After the Demographic Dividend? East Asia is Finding Out

East Asia’s miracle countries are the stuff of both economic legend and considerable debate. One part of the story may be demographics: East Asia saw rising life expectancy and declining birth rates that dramatically, if temporarily, increased the proportion of the population that was of working age. But now the demographics have shifted as a result of falling birth rates and a rising population of retirement-aged people. Absent a policy response, that could portend a cursed demographic future.