Development Finance

More from the Series

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.
Blog Post
How Can DFIs Contribute to the COVID-19 Response?
Janeen Madan Keller et al.
April 23, 2020
DFIs are well positioned to address five pressure points in the COVID-19 response that need financing. Let’s unpack these one by one.
Blog Post
The COVID-19 Crisis and Budgetary Space for Health in Developing Countries
Sanjeev Gupta
and
Hélène Barroy
April 17, 2020
Virtually all countries in the world have responded to the COVID-19 crisis by implementing fiscal and monetary measures, significantly larger in relation to national output than those employed during the 2008 financial crisis. The magnitude of fiscal measures to counter the shock varies across devel...
CGD NOTES
Addressing Debt Vulnerabilities
Masood Ahmed
and
Mark Plant
April 17, 2020
Around the turn of the century, there was a broad recognition that the debt burden of many developing countries was impeding their growth. Much of the debt had accumulated in the context of the Cold War and had not resulted in productive investment.
WORKING PAPERS
Can Tax Buoyancy in Sub-Saharan Africa Help Finance the Sustainable Development Goals?
Sanjeev Gupta
and
Jianhong Liu
April 15, 2020
In this paper, we estimate short- and long-term tax buoyancy for 44 sub-Saharan African (SSA) countries during 1980-2017 using time series and panel techniques.
Blog Post
Never Let a Crisis Go To Waste
Jürgen Zattler
April 14, 2020
The coronavirus is spreading and for the first time in history virtually all people on earth are faced with the same, imminent common threat. With multifold stories of individual suffering and an unprecedented global lockdown, there is an intensifying call for an internationally coordinated response...
CGD NOTES
Eight Principles for the DFI Crisis Response
Nancy Lee
April 14, 2020
DFIs are not central banks. They do not drive monetary policy stances and overall lending conditions in their countries of operations. Rather, during economic and other shocks, they must find ways to restart or boost financial intermediation for direct and systemic impact on target populations, sect...