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Blog Post
November 05, 2020
The only way to scale up the global financial response to meet the imminent needs of developing countries is by using all parts of the development finance system—and by making it work much more effectively as a system. This means the global multilateral institutions, of course, but it also includes ...
Blog Post
July 17, 2019
I’ve been given two kinds of arguments in support of not borrowing for social sector projects. The first is about their ability to repay the borrowing by generating enough foreign exchange. And the second is skepticism about the productivity of government spending in these areas. Let me ...