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CGD NOTES
November 16, 2022
Inflation has become a central feature of the global economy. In Latin America (aside from idiosyncratic cases such as Argentina and Venezuela, where high inflation rates have long been the norm), inflation began to rise the first half of 2021, at the same time it did in the US. The fact that risin...
Blog Post
August 25, 2022
The Russian invasion of Ukraine has created a historic lacuna for European security. A neglected dimension of the wider security conversation is the war’s consequences for global health security. We map these emerging threats from food insecurity to radiation risks, and call for the immediate develo...
Blog Post
August 03, 2022
Ukraine’s dire financing situation is front and center in the debate over how the world will weather the war being waged by Russia. The IMF will play an important role in extending credit to Ukraine directly, but the institution is also being used a conduit for other countries’ assistance. In this b...
Blog Post
August 03, 2022
While many small firms closed their doors during the pandemic, surprisingly few larger firms failed. Instead, they survived by cutting costs and forgoing investment, depleting their productive capital in the process. A new report from CGD and the IDB examines the challenges faced by firms during the...
REPORTS
August 03, 2022
This report—the product of a joint working group convened by the Center for Global Development and the Inter-American Development Bank—focuses on firms and labor markets in Latin America and the Caribbean during the COVID-19 crisis and the highly uncertain recovery phase now underway. The ongoing Ru...
CGD NOTES
July 11, 2022
A well-known structural problem in Latin America is that firms are generally quite small and most workers in the region are concentrated in small firms. In recent years, about 32 percent of workers were self-employed, and of those working in firms, over 50 percent were in firms that employed 10 or f...
Blog Post
May 10, 2022
Pretty much everyone following the war in Ukraine has seen satellite imagery of Russian convoys trundling across Ukraine, or read about Elon Musk’s delivery of 5,000+ Starlink satellite-internet receivers. News reports are backed up by a wealth of satellite data, which has short-circuited Russia’s a...
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...