In 2003, an estimated 3 million people died of HIV/AIDS globally. In May of that year, galvanized by the growing number of preventable deaths given the availability of an effective medicine, the President’s Emergency Plan for AIDS Relief—PEPFAR—was signed into law.
CGD Policy Blogs
The stars are aligning for 2021 to be a year of significant action on climate change. A comprehensive push by the SEC would bend the curve even more profoundly toward a more sustainable future.
Expanding Vaccine Access and Humanitarian Financing Should Be Urgent Objectives for the World Bank and IMF
Shortly before the Spring Meetings of the World Bank and the International Monetary Fund, we set out how they could be a turning point in addressing the consequences of the pandemic.
The New C19economics.org: A Platform to Support the Generation and Use of Health Economics Research to Tackle COVID-19
Since the beginning of the COVID-19 outbreak, the scientific community has worked around the clock to produce evidence to support decision-makers in all aspects of pandemic management. As of April 2021, there are more than 78,000 articles published in peer reviewed journals and pre-prints (as indexed by collabovid.org). Those unprecedented collective research efforts have supported decisionmakers across the world on some of the toughest choices in decades, from closing economies, to procuring vaccines and medical supplies and equipment, and preparing for the uncertain year ahead.
We were asked: were teacher pay for performance schemes, where teachers are rewarded for better performance, the way to go? So, we embarked on a comprehensive review of the literature on teacher PFP in low and middle-income countries to help answer the big question—does it really work? Our team’s conditional “perhaps, but possibly not” answer was not very inspiring.
Foundational Literacy and Numeracy Skills Are Important, Obviously. But Are They More Important than All Other Education Investments?
It’s rare to read an education report these days that doesn’t mention the learning crisis. That’s not surprising. Literacy and numeracy skills among children are dismally low: less than half of all children in low- and middle-income countries can read by the time they are 10 years old. As these data have emerged in recent years, the global education community has swung its focus sharply toward learning.
Building on spectacular scientific achievements, the rich world’s vaccine response to the pandemic within its borders has been (with notable exceptions) commendable. But the response of the international community has been mystifyingly myopic and unconscionably delinquent. We’re headed toward global “vaccine apartheid.” Visibly leading the charge to vaccinate the world, with significant political and financial commitments, offers the US the chance to regain considerable soft power.
Most observers gave the IMF high marks for its initial response to the COVID-19 crisis. It responded quickly with emergency financing to 86 countries, including a fivefold increase in its concessional lending to low-income countries. And its leadership was quick to recognize that the unprecedented nature of the crisis warranted a different approach to macroeconomic and financial policy.
The decision to allocate $650 billion of special drawing rights from the International Monetary Fund to the global economy is welcome. One way to use this extra ration of global liquidity will be to bolster the concessional lending pot the IMF has to help low-income countries—the Poverty Reduction and Growth Trust.