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How Rising Interest Rates Could Affect Emerging Markets
Emerging and developing economies are viewing rising interest rates with trepidation. Most of them are facing a slower economic recovery than advanced economies because of longer waits for vaccines and limited space for…
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Reform of the International Debt Architecture is Urgently Needed
The COVID-19 pandemic has pushed debt levels to new heights. Compared to end-2019, average 2021 debt ratios are projected to rise by 20 percent of GDP in advanced economies, 10 percent of GDP…
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How Strong Infrastructure Governance Can End Waste in Public Investment
COVID-19 has had a profound impact on people, firms, and economies all over the world. While countries have ramped public lifelines;to individuals and firms they will face enormous challenges to recover from the…
