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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.
Blog Post
December 15, 2020
What impact do development finance institutions (DFIs) like the IFC have on actual development? Today, George Yang and I release a paper that tries to take a sectoral approach to impact: does an IFC electricity investment lead to more power production per capita in a country, or financing provided t...
CGD NOTES
December 09, 2020
All three of the recent UN secretary-general reports on peacebuilding and sustaining peace (2018, 2019, and 2020) take note of the need to enhance collaboration between the UN—not only its development system but also its peace and security and humanitarian arms—with international financial instituti...
Blog Post
October 22, 2020
Andia Chakava, Investment Director at the Graça Machel Trust, joined our launch event to share her reflections on the survey’s formulation and findings. Here we further unpack reactions to the survey’s findings, place them within the broader context of the private investment landscape, and highlight...
Blog Post
October 21, 2020
It is to be expected that this accumulation of negative shocks will translate into an increase in poverty and inequality, but what order of magnitude are we talking about? Which income group is being most affected? To what extent have mitigation measures been able to contain the impact?
WORKING PAPERS
October 21, 2020
Based on the economic sector in which household members work, we use microsimulation to estimate the distributional consequences of COVID-19-induced lockdown policies in Argentina, Brazil, Colombia and Mexico. Our estimates of the poverty consequences are worse than many others’ projections because ...
Blog Post
October 16, 2020
This week the IMF released new global economic growth projections in the face of COVID-19, updating their earlier projections from June and from April before that. In recent weeks, the World Bank has also released new projections for various regions. Here are six takeaways that we gleaned from revie...
Blog Post
September 28, 2020
When a society goes from broadly shared growth to a state of malaise or decline, the ensuing pain is not just economic but psychological. Now that tens of millions of people in developing countries are suffering precisely such a reversal of fortune, the political fallout is sure to be tumultuous.