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Blog Post
November 02, 2023
International finance is under considerable pressure: originally prioritized toward economic growth in poorer countries, it is now meant to deliver broad-based sustainable development including global public goods such as climate and pandemic response—to say nothing of refugee hosting costs. In a fu...
WORKING PAPERS
November 02, 2023
There is a non-trivial chance that ODA for non-humanitarian and climate finance will fall in absolute terms over the coming years and that aid will become increasingly focused on richer countries. The most promising strategy for bilateral ODA flows may be to increase the generosity of traditional do...
Blog Post
October 30, 2023
In August 2021, as the world continued to grapple with the far-reaching effects of the ongoing global pandemic, the International Monetary Fund (IMF) took a significant step to help. Recognizing the unprecedented challenges faced by nations, the IMF issued an allocation of US$ 650 billion worth of S...
Blog Post
October 30, 2023
Realizing the Sustainable Development Goals (SDGs) and tackling the climate crisis in developing nations demands substantial investments. A recent report commissioned by the G20 estimated that for developing countries (encompassing low-income, lower-middle-income, and upper-middle-income nations), a...
Blog Post
October 30, 2023
Our new paper forecasts global structural transformation over the next thirty years. It shouldn’t come as a great surprise that it suggests the planetary shift toward services employment and out of both agriculture and manufacturing will continue. But it does suggest something many find might novel ...
Blog Post
October 25, 2023
Poor nutrition undermines health, education outcomes, and other measures of wellbeing. Figuring out who is undernourished and why is an essential first step in addressing the problem. But data on individual nutritional status are difficult to come by, so nutrition interventions are usually targeted ...
WORKING PAPERS
October 23, 2023
Using DHS data for South Asia, we find that most undernourished individuals are not found in wealth-poor households. They are also not typically found in the same households: 40 percent of households have differing nutritional status among members, and 66 percent of undernourished individuals reside...
Blog Post
October 13, 2023
World Bank president Ajay Banga’s declared strategy is to lead with a better bank before pushing for a bigger bank. I hope it works. His shoutout to the dribs of finance offered by Germany and the US toward guarantees and hybrid capital in his Annual Meetings speech today only served to emphasize ho...
Blog Post
October 12, 2023
As the World Bank and IMF meetings wrap up in Morocco, hopes for an imminent revolution in multilateral finance look forlorn. A dollar of capital can support five dollars of lending at the IBRD and the costs of subsidized finance for the poorest countries through IDA are shared amongst more than fif...