News
Why Competitive Politics Can Pull Development Finance Away from Need
By Keyi Tang As development finance tightens, the most important question may not be who is lending, but how domestic Read more
Commodity-Price-Linked Bonds: Enhancing Debt Resilience in Commodity-Dependent Economies
By early 2025, debt servicing pressures had intensified. Interest payments exceed 10 percent of government revenues in 56 developing countries—double Read more
Disentangling Decision-Making: Chinese Infrastructure Finance in Africa
By Tianyi Wu In 2016, China committed $28.8 billion in infrastructure loans to African countries––a record peak that has been Read more
Resurgence to Retirement: Global Insights on Transitioning Away from Coal
By Kaihui Song The year 2025 recorded the largest net addition to global coal capacity in over a decade, driven Read more
From Paradigm Maintenance to Paradigm Shift: A Mood Change on Industrial Policy
By Richard Kozul-Wright Last month, the World Bank announced the return of Industrial Policy for Development in a report described Read more
Impact in Action: GDP Center at the 2026 IMF/World Bank Spring Meetings
This week, global economic leaders, policymakers and civil society representatives gathered in Washington, DC for the 2026 Spring Meetings of Read more
Climate Change and External Fragility: Lifeline Fund as a Financial Arrangement for V20 Countries
On the sidelines of the 2026 World Bank & International Monetary Fund (IMF) Spring Meetings, the Barbados Presidency of the Read more
Productive Finance for the Belt and Road Initiative: Reexamining China’s Debt Sustainability Framework
China has committed over US$1 trillion in overseas financing, much of it directed toward productive public assets that have helped Read more
Adjustment without Accumulation: Evidence on Capital Formation from IMF Programs
The mission of the International Monetary Fund (IMF) is to promote international financial stability through liquidity support, surveillance and capacity Read more
Toward More Effective IMF Programs: Learning from the Evidence on Conditionality
The International Monetary Fund (IMF) conducts periodic Reviews of Program Design and Conditionality (RoC), and it is currently undergoing the Read more