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POLICY PAPERS
October 24, 2022
Cost information is essential for priority setting and optimized resource allocation in the healthcare sector, especially in low- and middle-income countries where resource constraints and opportunity costs are significant. Time-driven activity-based costing (TDABC) has gained prominence as a means ...
BRIEFS
October 11, 2022
We are living in a time when many countries face heightened debt vulnerabilities. There is no international bankruptcy mechanism for countries that default on their external obligations. The objective of the international financial architecture—historically overseen by the IMF and its shareholders— ...
Blog Post
September 14, 2022
In March, the World Bank estimated that a dozen developing countries could default on their debt over the next 12 months. The warning signs are everywhere. Investors have pulled $50 billion from emerging-market bond funds this year, and the debt of nearly one-third of these countries is trading at d...
Blog Post
September 14, 2022
While HTA systems in different countries are influenced by differences in local culture, history, politics and healthcare financing mechanisms, there are key elements common across countries that determine the success of an HTA system. To discuss these tried and tested global practices, the governme...
Blog Post
August 18, 2022
Last month, the International Monetary Fund (IMF) Board approved the institution’s first Gender Mainstreaming Strategy. This is good news—and the process used by the IMF gender team to draft and seek feedback on the strategy bodes well for the implementation of this important work. But the proof of...
Blog Post
July 20, 2022
Policy-based guarantees (PBGs) have long been a multilateral development bank (MDB) instrument in search of a purpose. PBGs—a credit enhancement for sovereign market borrowing—have been around for decades but their uptake has been limited. In most instances, they have proven remarkably effective in ...
CGD NOTES
July 20, 2022
Multilateral development bank policy-based guarantees (PBGs) have long been an instrument in search of demand. First introduced in 1999 at the International Bank for Reconstruction and Development to help governments access market borrowing at attractive rates, their track-record has been uneven, an...