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Blog Post
December 18, 2020
This blog proposes some critical steps—many of which are long overdue—that international financial institutions (IFIs) and multilateral development banks (MDBs) must take if their money is to work more effectively to support African countries recover from the pandemic’s fallout.
POLICY PAPERS
November 30, 2020
The world is in the throes of a health, economic, and social crisis due to the COVID-19 pandemic. Slower global growth has significantly worsened the economic prospects for all countries, including the poorest ones. Low-income countries (LICs) are also finding it more difficult to service their exte...
Blog Post
November 24, 2020
Each year, millions of people depart poor countries to work in rich ones, where their wages rise by multiples, as study after study has found. What is much less clear—and harder to study— is how that cash affects long-run economic development in the areas those migrants come from.
Blog Post
November 05, 2020
The only way to scale up the global financial response to meet the imminent needs of developing countries is by using all parts of the development finance system—and by making it work much more effectively as a system. This means the global multilateral institutions, of course, but it also includes ...
Blog Post
October 16, 2020
Our recent paper examining the World Bank’s COVID-19 performance garnered a response from the institution, which you can read here. We very much welcome the bank’s comments on its crisis performance in reaction to our paper. We stand by the data and conclusions of our paper, but it’s worth reviewing...