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CGD NOTES
November 07, 2022
The assignment is clear. During this year’s Annual Meetings of the IMF and World Bank, shareholders instructed the World Bank to develop a work program for its own evolution (“to identify gaps in the Bank’s current institutional and operational framework…”) by the end of the year. Secretary Yellen l...
Blog Post
November 01, 2022
World Bank loan terms are becoming increasingly attractive as global interest rates soar. This is not because the Bank’s International Bank for Reconstruction and Development (IBRD) loans have gotten cheaper, but because the average emerging market’s (EM) borrowing costs have risen so much more dram...
Blog Post
October 13, 2022
On this episode of Pandemic Proof, Dr. Ayoade Alakija, the World Health Organization’s Special Envoy for the Access to COVID-19 Tools Accelerator (ACT-A) and co-chair of the African Union’s African Vaccine Delivery Alliance, joins Javier Guzman to discuss global cooperation during health emergencies...
BRIEFS
October 11, 2022
We are living in a time when many countries face heightened debt vulnerabilities. There is no international bankruptcy mechanism for countries that default on their external obligations. The objective of the international financial architecture—historically overseen by the IMF and its shareholders— ...
Blog Post
September 15, 2022
Countries in Latin America were hit especially hard by the COVID-19 pandemic. On this episode of Pandemic Proof, Amanda Glassman welcomes Dr. Jarbas Barbosa da Silva Jr., candidate for Director of the Pan American Health Organization (PAHO), to the podcast to discuss impacts and lessons learned. Tog...
Blog Post
September 14, 2022
In March, the World Bank estimated that a dozen developing countries could default on their debt over the next 12 months. The warning signs are everywhere. Investors have pulled $50 billion from emerging-market bond funds this year, and the debt of nearly one-third of these countries is trading at d...
Blog Post
August 18, 2022
Last month, the International Monetary Fund (IMF) Board approved the institution’s first Gender Mainstreaming Strategy. This is good news—and the process used by the IMF gender team to draft and seek feedback on the strategy bodes well for the implementation of this important work. But the proof of...