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Blog Post
May 13, 2021
As governments worldwide increase their COVID-19 vaccination coverage, COVID-19 vaccination certificates (CVCs) are making headlines as a possible answer to the question of how to reopen economies safely. While countries like Israel and Estonia are well advanced in introducing CVCs, developing count...
WORKING PAPERS
May 11, 2021
In the Philippines, anecdotes on the dwindling use of essential healthcare services as an indirect consequence of COVID-19 pandemic are mounting, but compelling evidence remains scarce up to this day. In this study, we examined the magnitude of decline in insurance claims of twelve high burden ...
Blog Post
May 03, 2021
Most observers gave the IMF high marks for its initial response to the COVID-19 crisis. It responded quickly with emergency financing to 86 countries, including a fivefold increase in its concessional lending to low-income countries. And its leadership was quick to recognize that the unpreceden...
Blog Post
April 29, 2021
The decision to allocate $650 billion of special drawing rights from the International Monetary Fund to the global economy is welcome. One way to use this extra ration of global liquidity will be to bolster the concessional lending pot the IMF has to help low-income countries—the Poverty R...
Blog Post
April 22, 2021
COVID-19 and the economic crisis it unleashed have spurred unprecedented action from governments and international institutions. Multilateral development banks (MDBs) like the Asian Development Bank (ADB) swiftly committed resources to COVID-19 response and recovery efforts in 2020 and 2021, includi...
Blog Post
April 05, 2021
While those lucky enough to live in the United States or Europe fret about the extra weeks before their vaccine jab is scheduled, 6 billion people in developing countries will need to wait months, if not years. COVID-19 vaccine production lags far behind demand, and one reason why developing countri...
CGD NOTES
April 05, 2021
A new IMF rapid credit window could provide some $30 billion to cover the vaccine financing needs for most developing countries through 2021-22. The mechanism would facilitate collective action to negotiate increased production, the main obstacle to achieving vaccine coverage and rectifying the gros...