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Blog Post
April 22, 2022
Global debt has reached an unprecedented high, surpassing levels experienced in the infamous 1980s crisis. For debt-burdened countries, the COVID-19 pandemic has severely impacted their repayment capacity due to increased crisis spending. Low-income countries (LICs) are experiencing the brunt of thi...
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...
Op-Ed
April 13, 2022
They are the world’s forgotten poor, invisible to the financial markets, barely noticed because, understandably, the focus is on Ukraine, but nearly 800 million of the world’s poorest people are about to be trapped by an onrushing food crisis caused by soaring prices, fuelled by shortages and exacer...
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...
Blog Post
January 31, 2022
This month marks the one-year anniversary of CGD’s COVID-19 Gender and Development Initiative. Through the initiative, my colleagues have produced research, convened dialogues, and developed evidence-based policy proposals, all aimed at contributing to a more inclusive global recovery from the COVID...