Development Finance

More from the Series

CGD NOTE

China’s Overseas Lending: A Response to Our Critics
Sebastian Horn et al.
May 07, 2020
Over the past two decades, China has become a major global lender, with outstanding debt claims from direct loans and trade advances alone exceeding 1.5 percent of world GDP. This surge in lending has financed many projects in infrastructure, mining, and energy. The problem is that there is little o...
Blog Post

What Next in the International Financial Response to the COVID-19 Crisis?
Masood Ahmed
May 06, 2020
Following on from the recently convened meetings of the IMF and World Bank, Masood Ahmed lays out a two track agenda for the COVID-19 financial response.
Blog Post

Accountability for COVID-19 Aid: Better Visibility Matters for the Quality of the Response

Janeen Madan Keller et al.
May 01, 2020
As low- and middle-income countries are hit by the health and economic effects of COVID-19, the international community is working to mobilize billions of dollars in grants, loans, and debt relief. At the moment, it is difficult to get a full picture of the funding on offer, to whom it is given, and...
Blog Post

In the COVID-19 War, the IMF Arsenal Must Fully Benefit Low-Income Countries

Daouda Sembene
April 30, 2020
The COVID-19 pandemic is taking a huge economic toll in low-income countries. The IMF has provided prompt support to help mitigate it, but it could and should do much more. The political commitment of the international community will be essential for the institution to fulfill its potential.