In timely and incisive analysis, our experts parse the latest development issues and events, providing practical solutions to new and emerging challenges.
International institutions, development agencies, and the global development community must step up to assist the growing financial and humanitarian crisis. CGD experts advise.
This week we welcome the release of a new CGD book: Relief Chief: A Manifesto for Saving Lives in Dire Times, by Mark Lowcock. A former UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator—and a current Distinguished Non-Resident Fellow at CDG—Mark gives us an inside ...
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...
The World Bank and IMF Spring Meetings take place this week, bringing leaders from around the world to Washington. CGD’s experts take you through what they’re paying attention to.
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...
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...
When the pandemic first struck, dealing with excessive debt and debt service burdens of developing countries figured prominently on the international response agenda. The G20 produced the Debt Service Suspension Initiative (DSSI)—a program to defer official debt service due by mostly low-income coun...
In 2021, the ongoing grip of COVID-19 served as a stark reminder of the fragility of our progress in fighting poverty and COP26 highlighted the need for richer countries to provide substantial funding to meet global challenges. As the twin crises of a global pandemic and climate change threaten to l...