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Blog Post
March 06, 2023
Forecasts of the future shape of the global economy, if they are at least somewhat accurate, can help planning and policy discussions in areas from global governance through business expansion plans. At the same time, this relies on forecasts in fact being somewhat accurate, and it’s a cliché that p...
Blog Post
March 03, 2023
The COVID-19 pandemic led to a deep global recession as the virus rapidly spread and governments restricted movements. The economic shock was compounded by widespread uncertainty among businesses and concerns about the risks of increasing financial sector distress limiting access to credit.
WORKING PAPERS
March 03, 2023
This paper examines the impact of the COVID-19 crisis on the reallocation of economic activity across firms, and whether this reallocation depends on the competition environment. The paper uses the World Bank’s Enterprise Surveys COVID-19 Follow-up Surveys for about 8,000 firms, including both small...
Blog Post
February 28, 2023
Sri Lanka's default on its debt in 2022 caused alarm among investors and development economists alike, and raised questions about the factors underlying the country's economic downfall. In this blog, we examine the reasons for Sri Lanka's default and the challenges that lie ahead.
Blog Post
February 23, 2023
How can we ensure that medical countermeasures—such as diagnostics and vaccines—are ready to go at local, national, and global levels when the next pandemic emerges? Amanda Glassman speaks with Dr. Amadou Alpha Sall of Institut Pasteur of Dakar and Dr. Rachel Glennerster of the University of Chicago...
CGD NOTES
February 22, 2023
This note looks at the development finance provided to multilateral institutions by a group of 13 major economies that have become significant international actors over the past decade. This group—which includes the five BRICS countries—are outside of the mainly Western, high-income countries that a...
Blog Post
February 22, 2023
Whilst the war instigated by Russia, and rising competitions with China, could suggest a return to a cold-war-esque bipolar world, the spread of economic growth and prosperity mean the economic and financial influence is much-wider spread. The “emerging” economies are significantly stepping up thei...
Blog Post
February 15, 2023
Months of innovative work by AfDB staff have resulted in an attractive SDR recycling scheme that overcomes a major hurdle by successfully embodying the reserve asset characteristic. And it will allow leveraging SDRs to multiply their lending power 3-4 times. Now politicians have to step up and commi...
Blog Post
February 01, 2023
In December 2022, the international development community gathered in Geneva (and online) for the third High-Level Meeting (HLM) of the Global Partnership for Effective Development Cooperation (GPEDC). In recent years, declining political interest and stalled progress towards effectiveness targets h...