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Blog Post
May 11, 2022
On May 12, the White House will co-host the Second Global COVID-19 Summit—alongside the governments of Belize, Germany, Senegal, and Indonesia. The (virtual) convening comes more than seven months after a US-organized meeting last September that was intended to spur global action to bring an end to ...
BRIEFS
May 11, 2022
As global health threats evolve, countries’ capacity to prepare for and respond to disease outbreaks is increasingly a global imperative. Now is the time to take concrete steps toward establishing sustained financing for pandemic PPR to help bring an end to the ongoing COVID-19 pandemic, combat futu...
Blog Post
May 03, 2022
In a recent note, we asked whether IDA, the arm of the World Bank that provides concessional lending to the poorest countries, has the right approach for determining the balance between grants and loans which its recipients receive. We noted that IDA concessionality depends on the level of recipient...
Blog Post
April 22, 2022
Global debt has reached an unprecedented high, surpassing levels experienced in the infamous 1980s crisis. For debt-burdened countries, the COVID-19 pandemic has severely impacted their repayment capacity due to increased crisis spending. Low-income countries (LICs) are experiencing the brunt of thi...
Blog Post
April 20, 2022
In 2021, Ghana announced a plan to issue sovereign bonds of up to $2 billion, with proceeds due partially to fund a free secondary school program. Just months later, Ghana’s rising debt burden means this is no longer feasible. Can developing countries tap the social bond market in order to fund publ...
Blog Post
April 13, 2022
Tuberculosis, once highly prevalent across Europe and North America, has largely been forgotten in the West but remains a heavy burden in low- and middle-income countries. Now, as rich countries vaccinate (and boost) their populations against COVID-19, lift restrictions, and slowly return to “normal...
POLICY PAPERS
April 11, 2022
India imposed a lock-down in response to the COVID-19 pandemic in March 2020 and began a gradual re-opening in June. A telephonic survey in April examined the early effectiveness of information and the massive PMGKY social protection program (Policy Paper 217). This paper analyzes a second-round sur...
WORKING PAPERS
April 06, 2022
This paper discusses the evolution of key taxes in the past 20 years in developing Asia and fiscal challenges that these countries face in light of the COVID-19 pandemic. It presents estimates of tax capacity and tax potential and discusses the productivity of key taxes in the region. The paper find...