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Blog Post
April 20, 2022
In 2021, Ghana announced a plan to issue sovereign bonds of up to $2 billion, with proceeds due partially to fund a free secondary school program. Just months later, Ghana’s rising debt burden means this is no longer feasible. Can developing countries tap the social bond market in order to fund publ...
Blog Post
March 18, 2022
The “billions to trillions” vision advanced the notion that some significant part of official development assistance (ODA) should be used to catalyze additional finance from other public and private sources. Seven years later, the expectations that blended finance would expand sharply to help narrow...
Op-Ed
March 17, 2022
Russia’s invasion of Ukraine threatens to cause more disruption to the global food system by dramatically increasing the cost of staple foods and the energy required to transport them. The Black Sea region is responsible for the export of at least 12 percent of global food calories, so cutting off a...