Author: Maureen Heydt

Chart of the Week: Comparing Global Vaccination Rates with Populations

By Rachel Thrasher and Özlem Ömer As a recent policy brief by the Boston University Global Development Policy Center shows, more must be done to ensure a rapid, equitable and global rollout of COVID-19 vaccines. Vaccine rollout is underway in every region of the world. 500 million doses have been given worldwide, with almost 100 […]

Webinar Summary: The IMF, COVID-19 and Climate Change

By Luma Ramos Amid the worst global recession since World War II, the International Monetary Fund’s (IMF) 2021 Spring Meetings debated the importance of incorporating green policies into the economic recovery. In her opening speech, the Fund’s Managing Director Kristalina Georgieva noted that the IMF has a strategic role  to play in mitigating climate change, […]

Chart of the Week: Austerity in IMF Agreements, 2001-2018

By Rebecca Ray Austerity – tightening government budgets during an economic downturn – has long been discredited as a recovery strategy. Instead of economic growth, it can lead to lower social spending, hurting the poor at the most difficult time and raising inequality thereafter. Furthermore, it can prolong economic downturns, dooming countries to downward cycles instead of recovery, […]

Emissions Freight: How to Curb CO2 Emissions from International Shipping

By Henrik Selin and Rebecca Dunn If international shipping were a country, it would be the world’s seventh largest emitter of carbon dioxide (CO2) emissions annually. Despite this, CO2 emissions from international shipping are not currently covered by international treaties or domestic policies. This means that these CO2 emissions are largely left outside collective efforts […]

Chinese Lending to Africa Slowed in 2019, But Don’t Rule Out a Revival

By Kevin Acker Chinese loans have become an important source of infrastructure finance for African countries over the past two decades, with Chinese financiers committing approximately $153 billion to African governments and state-owned enterprises between 2000 and 2019. The COVID-19 crisis has introduced new challenges to African borrowers and Chinese financiers, as borrowers negotiate debt […]

Mitigation of CO2 Emissions from International Shipping through National Allocation

International ships carry roughly 90 percent of global trade by volume and produce more CO2 emissions annually than Saudi Arabia, at two percent of of global emissions. Despite this, neither international treaties nor domestic policies control CO2 emissions from international maritime shipping. The industry also does not lend itself to easy governance, as it is […]