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In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Tao Zhang, Deputy Managing Director, International Monetary Fund
Sean Nolan, Deputy Director, Strategy and Policy Review, International Monetary Fund
Anna Gelpern, Nonresident Senior Fellow, Peter G. Peterson Institute for International Economics and Professor of Law, Georgetown Law
Mark Plant, Director of Development Finance and Senior Policy Fellow, Center for Global Development
Some of the world’s poorest countries run the risk of building up a debt pile too high for their economies to support, according to the latest IMF report. The Center for Global Development will host the International Monetary Fund (IMF) to discuss the causes for the debt build up and possible ways forward at the launch of Macroeconomic Developments and Prospects in Low-Income Developing Countries (LIDCs) – 2018. This is the fourth annual report in a series by the IMF that looks at trends and socioeconomic indicators of LIDCs. Key findings from the 2018 report and some questions to be discussed include:
Growth improved broadly across LIDCs in 2017, but output growth in commodity exporters continues to lag behind levels achieved in 2010-14. How can this momentum be maintained and what are the risks to more favorable outlook?
There has been a broad-based weakening of fiscal positions in LIDCs in recent years, with fiscal deficits widening in some 70 percent of LIDCs between 2010-14 and 2017. Has this translated into more productive investment? What has been the impact on the financial sector?
Debt burdens and vulnerabilities have risen significantly since 2013 in many LIDCs, reflecting a mix of factors including exogenous shocks and loose fiscal policies. What are the risks of debt distress becoming an endemic problem?
The composition of public debt in LIDCs continues to shift from traditional sources towards non-Paris Club bilateral lenders, commercial external debt, and domestic debt. What challenges does this pose for developing countries and their creditors going forward?
The event will open with remarks from IMF Deputy Managing Director Tao Zhang before moving into a panel discussion moderated by Center for Global Development’s Director of Development Finance and Senior Policy Fellow, Mark Plant.
Policymakers will convene at the Global Conference on Primary Health Care in Astana later this month to mark the 40th anniversary of the Declaration of Alma-Ata and renew their commitments to building strong primary health care (PHC) systems. While there has been tremendous progress in deploying PHC services to improve health outcomes in low- and middle-income countries, there are major gaps between aspirations and reality. The renewed global commitment in Astana is an opportunity to underscore why and how a proactive focus on PHC can be central to the UHC2030 agenda.
This unique conference is designed to convene both the new industrial policy thinkers, who have studied the history of government intervention, and blended finance practitioners, who are involved in setting up the institutions and procedures that will use official development finance to subsidise private enterprise in developing countries. These two communities too often work in isolation and have much to learn from each other.
The conference will combine scholar presentations with high-level policy discussions. Please see the preliminary programme for a list of sessions and speakers, in addition to more details about the conference.
Please join us for this “first of its kind” conference and feel free to share this invitation with your network and encourage your colleagues to attend. We want to reach as many people who work in private sector development as possible.
AidEx is a two day event, which encompasses a conference, exhibition, meeting areas, awards and workshops. Its fundamental aim is to engage the sector at every level and provide a forum for aid & development professionals to meet, source, supply and learn. AidEx was created to help the international aid and development community engage the private sector in a neutral setting, drive innovation and support the ever-growing need for emergency aid and development programmes.
In May 2017 the G20 Ministers of Finance appointed the Eminent Persons’ Group (EPG) on global financial governance, led by the Deputy Prime Minister of Singapore Tharman Shanmugaratnam, to review the governance of the international financial institutions, looking at their coherence and effectiveness in supporting the Agenda 2030 for Sustainable Development, managing capital flows, assessing risks to financial resilience and addressing non-financial threats to growth and stability.
The Center for Global Development (CGD) and The Global Financing Facility (GFF) invite you to the co-hosted Twitter Chat: Global Financing Facility: Investing in People. This interactive chat will discuss the details of GFF’s results-based model, its approach to sustainable global health financing, and scaling the impact of this innovative program over its planned expansion period (2018-2023).
Every year, more than 5 million women, children and adolescents die from preventable conditions, due to a significant financing gap for healthcare for women, children and adolescents, and inadequate incentives for provision and use of quality health services, among other factors. The Global Financing Facility (GFF) in support of Every Woman Every Child is a new approach to sustainable global health financing that is supporting countries’ approaches to financing and investing in the health of their people.