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BRIEFS
May 03, 2022
Afghanistan’s humanitarian crisis continues to worsen, with the World Food Programme (WFP) reporting that 22.8 million people—more than half the country’s population—are projected to be acutely food insecure in 2022, including 8.7 million at risk of famine-like conditions. Even before the Taliban t...
CGD NOTES
April 22, 2022
There is no shortage of investable capital in the global economy. However, while the opportunities exist for investment and while funds are available, few projects actually reach financial close. The basic premise of this note is that although technical assistance (TA) for project preparation, manag...
Blog Post
April 20, 2022
Recently, the OECD’s Development Assistance Committee (DAC) published the annual statistics summarizing how much foreign aid its 30 member states, including Austria, provided in 2021, loudly trumpeting the all time high levels of ODA achieved. It’s a good time to reflect on the uncomfortable tension...
Blog Post
April 05, 2022
Ukraine has close to $2.7 billion in principal and interest payments due to the World Bank and IMF in 2022. The government of Ukraine should not be expected to repay its debt to the international financial institutions (IFIs) while it is mobilizing all its resources to fend off the Russian invasion...
CGD NOTES
March 29, 2022
IMF and World Bank 2022 growth projections for emerging markets and developing economies (EMDEs), released in January this year, were not encouraging. They found that deteriorated macroeconomic fundamentals, partly resulting from policy responses to the pandemic, deep institutional deficiencies, and...
Blog Post
March 18, 2022
The effects of the conflict in Ukraine are reverberating across the world. In Northeast Africa, its ripples endanger the peaceful governance of food and water. Diminished wheat imports from Russia and Ukraine will make Egypt still more conscious of the threat posed to its agriculture by Ethiopia’s G...
Blog Post
March 08, 2022
The majority of the world wants peace. This is clear by now. Just consider the many large-scale anti-war demonstrations taking place around the world; and the outpour of solidarity and support for the people in the Ukraine and the more than one million Ukrainians who fled from their country. Ye...
Blog Post
March 07, 2022
In the few days since the Russian invasion of Ukraine started, over 1.7 million Ukrainians—including children, women, elderly—have already fled their homes, seeking refuge in other nations. That is not just an extraordinarily large number, considering the invasion happened just days ago, but it is a...