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Blog Post
December 19, 2022
One in five people on the planet live in countries at risk of debt distress. Yet the leaders and institutions that understand the challenge and could address it are instead virtue signaling and pointing the finger at others who share responsibly for a solution. We need a different approach—one that ...
Press Release
November 16, 2022
The Latin American Committee on Macroeconomic and Financial Issues (CLAAF, by its Spanish acronym) today praised the central banks of Brazil, Mexico, Chile and Peru for taking swift and aggressive action to address growing inflation – and urged them to stay the course, as conquering inflation will b...
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...
Nov
17
2022
2:00—3:00 PM Eastern Time (US & Canada)/ 7:00—8:00pm Greenwich Mean Time (GMT)
November 09, 2022
Last month, the Center for Global Development convened experts to lay out the major issues and challenges facing Latin America and the Caribbean region and to discuss priorities for the next President of the Inter-American Development Bank (IDB). In the run-up to the IDB election on November 20, ca...
Nov
16
2022
VIRTUAL
2:00—3:00 PM Eastern Time (US & Canada)/ 7:00—8:00pm Greenwich Mean Time (GMT)
November 07, 2022
The recent episode of high inflation has become a source of concern for policymakers in Latin America. This is a region where periods of high inflation or even hyperinflation were accompanied by deep recessions and a sharp deterioration in social indicators, such as poverty levels and income distri...
Oct
13
2022
3:30—5:30 PM Eastern Time (US and Canada)
October 07, 2022
The international finance system is overwhelming creditor centric and is not considerate of the borrower’s needs. Creditors are often organised through “club” or “committees”, such as the Paris Club, which exclude the Borrower from negotiations. Subsequently, there is an urgent need to increase Borr...
Oct
11
2022
9:30—10:45 AM Eastern Time (US & Canada)/ 2:30-3:45pm British Summer Time/ 7:30- 8:45pm Pakistan Standard Time
September 29, 2022
On top of struggling to recover from the COVID-19 pandemic, Pakistan is challenged by high inflation, debt sustainability, and reliance on external financing as well as devastating floods which will have substantial and lasting economic consequences. After Sri Lanka's default crisis, will the troubl...
Blog Post
August 11, 2022
Ahead of COP27, which will take place in Egypt in November 2022, CGD hosted an event that aimed to identify the challenges of mobilizing private finance for climate action in Africa as well as the opportunities and policies needed to overcome them. From the rich discussions, we have summarized a ran...