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POLICY PAPERS
March 21, 2024
Already constrained by the economic aftershocks of COVID-19, the impact of the war in Ukraine, and the food and climate crisis, low-income countries and lower-middle-income countries now face a combination of soaring debt and high interest rates. Confronted with insufficient liquidity to respond to ...
CGD NOTES
December 06, 2023
This note argues that the United Kingdom (UK), working within old and new coalitions, should take a more strategic approach to the aims and funding of a leading cluster of major multilateral funding institutions. It sets out the UK’s role within multilaterals, the key reform issues and how to treat ...
CGD NOTES
July 17, 2023
Low-income countries are in a battle for their lives and livelihoods, but they lack the resources to respond effectively. As the largest single source of development finance for the world’s poorest countries, the World Bank’s International Development Association (IDA) must be at the center of the s...
Blog Post
May 22, 2023
The recent Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF) shone a light on the enormous and enlarging gulf between developing countries’ needs and what high-income countries are currently offering. Already constrained by the economic aftershocks of COVID-19, low- an...
Blog Post
April 14, 2023
More than ever, low and lower middle-income countries (LICs and LMICs) are in a race against time. Their ambition to deliver prosperous economies for their citizens appears continuously thwarted by different shocks. There is a growing sense of urgency among these economies as it becomes clear that t...