The COVID-19 response amounts to a significant expansion in the scale and scope of direct cash transfers as well as other social assistance—a huge increase in government-to-people (G2P) payments. As we explain in our new report, delivering on these programs will require an enormous increase in the capacity of states to implement them.
CGD Policy Blogs
Gender gaps in participation in the labor force, entrepreneurship, pay, share of senior management, and executive board positions–as well as access to finance, markets, and skills–have been well documented. But how far do development finance providers truly support gender equality?
The drumbeat of advice seems constant: countries must focus all efforts on suppressing the current COVID-19 coronavirus pandemic, regardless of expense or impact on the broader economy. But no country, no matter how wealthy, has unlimited resources to throw at this crisis.
While the vast majority of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law late last week is devoted to domestic response and relief, the measure does include modest supplemental foreign aid funding and pending authorizations for international financial institutions to support the international response. These provisions, combined with the foreign aid funding provided as part of the initial supplemental legislation, are important.
Masks and Handwashing vs. Physical Distancing: Do We Really Have Evidence-based Answers for Policymakers in Resource-limited Settings?
As more governments grapple with the immense difficulty of bringing their country to a halt, leaders from low- and middle-income countries are increasingly skeptical of mimicking policies that may have worked elsewhere because of radical differences in demography, health system capacity, and cultural context.
The coronavirus pandemic continues to take its toll on the African continent. Here’s a selection of this week’s coverage on the observed and expected economic impacts across the continent.
While the world’s decision makers are now rightly focusing on the COVID-19 crisis and its potentially devastating economic aftermath, the climate change agenda has been moved from the center stage. As the world begins to rethink what the post COVID-19 economic order will look like, climate change will again play a key role. And so will the IMF.
Early in the COVID-19 outbreak, experts warned of increased violence against women and children. Existing research about pandemics and disease outbreaks unfortunately aligns with the increased violence stemming from COVID-19 and related response efforts. Understanding why this happens is critical to inform policy and program responses to mitigate adverse effects.
Worldwide, the health worker profession relies on migrants. But policy often restricts their movement. The COVID-19 outbreak has shown that, under crisis, many of these barriers are more malleable than policymakers make them out to be.
In new research, we find that China’s role as a creditor has likely been a key driver of more burdensome lending terms in the form of higher interest rates, shorter maturities, and shorter grace periods for lower-income countries.