Ideas to Action:

Independent research for global prosperity

Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 
An image of Latin American currency.

The Case for an IDB Capital Increase Is Everywhere Except in the IDB’s Lending Numbers

Today the IDB is again making the case for a capital increase to its shareholders. Yet, despite an unfolding crisis that threatens development progress in Latin America to a degree that eclipses the Global Financial Crisis,  talk of a financing cliff at the bank is absent from its appeal for more capital. That’s because a spike in crisis financing has yet to materialize in IDB’s lending numbers.

A mechanic in Peru works on the side of the road with a face mask on during the COVID-19 outbreak

Venezuelans Can Bolster Economic Recovery and Stability in Peru amid COVID-19

New research by Refugees International and the Center for Global Development (CGD) finds that Venezuelans in Peru face major barriers that prevent them from integrating into the Peruvian economy. As a result, many are pushed into informal, low-paying jobs that do not match their qualifications. Some are subjected to exploitation and abuse. And because of these factors, Venezuelans are more vulnerable to economic shocks, such as COVID-19.

An aerial view of Bogota

Improving Venezuelans’ Economic Inclusion in Colombia Could Contribute $1 Billion Every Year

Over the past few years, the political and economic crisis in Venezuela has forced nearly 1.8 million Venezuelans to flee to Colombia. The Colombian government has responded warmly, taking steps to integrate Venezuelans into its society and economy. But legal and practical barriers still prevent many Venezuelans from achieving true economic inclusion, the attainment of decent work and income commensurate with their skills.

Two US$100 bills on top of a map of Latin America

Ensuring Financial Stability in the Era of COVID-19: Recommendations for Latin America and the Caribbean

With a surging pandemic, income losses, and a deepening recession, Latin America and the Caribbean is facing a health and economic crisis that will test its financial systems like few events in modern times. The blow, however, can be softened. Banks as well as governments and central banks can play a crucial role, providing financing to lessen the impact on families and firms and to speed the recovery.

Pages

Tags