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.
Last week, the central bank of Chile became the 9th member of the Latin American Reserve Fund (known by its Spanish acronym, FLAR), Latin America’s regional lender of last resort. This is great news for the pursuit of financial and economic stability in the region. Here is why.
Last Friday, the Government of Belize alongside the U.S. Development Finance Corporation (DFC) and the Nature Conservancy (TNC) announced the financial close of the largest blue bond for Ocean Conservation to date. The program enables Belize to convert its existing Eurobond (i.e. foreign currency bo...
This is the fifth in a series of blogs looking at regional aspects of future global demographic and migration patterns discussed in my paper Global Mobility: Confronting A World Workforce Imbalance. You can read other blogs in the series here.
Mexico followed, in past years, what appeared to be a textbook formula for expanding access to and use of digital financial services for its citizens. And yet, less than half of its adult population reported having a bank account only two years ago, which is lower than the Latin American averag...
Gender equality has been touted as a political priority by the Biden administration, as demonstrated through the establishment of the White House Gender Policy Council, as well as its commitment to unveiling a whole-of-government strategy to advance gender equity and equality later this year. Here w...
More than 5.5 million Venezuelans have fled socio-economic and institutional collapse, high levels of insecurity, human rights violations, and political persecution at home. It is one of the largest displacement situations in the world, second only to Syria.