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.

A “Rosetta Stone” for Comparing Test Scores Around the World (and Across the Global Income Distribution)

How much do educational outcomes around the world depend on where you were born? In a new CGD working paper, we propose a very simple strategy to overcome this problem and build a “Rosetta Stone” for test scores. We take a single sample of students and give them questions from each major exam around the world. By grading each child’s responses on the original test scales, we calculate scores on different exams for the same child on the same day.

Four charts showing lower but rising daily cases and deaths in EMDEs, along with higher lockdown stringency and lower mobility

As the Pandemic Surges in Poor Countries, Why Does the IMF Still Forecast a Milder Economic Crisis for Them?

Last week, the IMF revised the post-COVID growth forecasts it had made originally in the April World Economic Outlook (WEO). The April growth forecasts numbers projected a significantly more optimistic outlook for EMDEs compared with advanced economies. It turns out that the latest June forecast maintains this relative optimism for EMDEs.

An interactive chart of the lending pipeline for the World Bank in response to COVID-19

Tracking the World Bank’s Response to COVID-19

In recent years, many commentators have asked if the World Bank is still relevant. We’re about to find out. To track the World Bank’s response to COVID-19, we’ve built a small interactive tool to display how much each country has received to date, and what’s currently in the pipeline for approval.

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