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Blog Post
July 19, 2021
The G7 countries pledged a massive scale-up in support of developing-country financing at their recent summit in the UK. How it will be financed remains an open question. But analyzing trends in recent debt flows by lenders to developing countries, and taking stock of the Debt Service Suspension Ini...
Blog Post
June 23, 2021
The COVID-19 pandemic has left a large dent in the government budgets of low-income countries (LIDCs). During 2020, they had no choice but to increase public spending to fight the pandemic at a time when shrinking economic activity depressed their revenues. In this blog post, we argue that whil...
Blog Post
September 03, 2020
In response to COVID's economic disruption, many countries launched unprecedented relief packages to cushion the economic and social impact of the pandemic. Social protection measures have grown exponentially. In a new policy paper, we draw on early evidence from selected countries on the use of dig...
Blog Post
July 27, 2020
The latest G20 finance ministers meeting concluded with no major progress on debt relief for the world’s poorest countries, and a few setbacks. To date, no country eligible for the G20’s Debt Service Suspension Initiative has requested a moratorium on their private sector debt. We are at an impasse....
Blog Post
June 05, 2020
The COVID-19 pandemic has underlined the need for a universal and portable social protection system that can uniquely verify people and deliver benefits efficiently and at scale. In most cases, existing programs are not portable, meaning those who live and work in a place other than where they ...