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Blog Post
June 02, 2022
In May, the World Bank issued a white paper on a new financial intermediary fund (FIF) for pandemic prevention, preparedness, and response. This document will be the basis for subsequent discussion and approval by the World Bank’s Board, composed of 25 constituencies representing 189 country governm...
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 ...
CGD NOTES
May 11, 2022
This note takes a quick look at the lessons learned and the existing landscape of MCM manufacturing in the context of the current pandemic response and suggests eight areas for action along with near-term recommendations to the global community to both prepare and respond to future pandemic risks.
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...