The Iran war is triggering an economic shock: raising oil prices, straining supply chains, and tightening financing.
🎧 In a new CGD podcast, @clemencelanders.bsky.social speaks to Liliana Rojas-Suarez & Catherine Pattillo on what this means for low- and middle-income countries: go.cgdev.org/4mJcKKn
In this episode of the @cgdev.org podcast, I’m joined by
Liliana Rojas-Suarez & Catherine Pattillo (our new Senior Fellow at @cgdev.org (!!!) and former deputy director of the IMF’s African Department) to discuss what the war in Iran means for developing countries.
www.cgdev.org/blog/cgd-pod...
Happy Bank-Fun(d) week for those of you who celebrate! See
@cgdev.org fantastic event line-up and come say hi! #SpringMeetings
Catch CGD's @clemencelanders.bsky.social discussing aid cuts and the crisis of development on the DebtTalks podcast: www.sciencespo.fr/chair-sovere...
@clemencelanders.bsky.social says IBRD could fill the gap in IDA funding created by falling donor pledges using its $2.8bn/yr profits. It should do that.
www.cgdev.org/blog/world-b...
The Millennium Challenge Corporation (MCC) recently introduced big changes to its country scorecards, which inform partner selection.
@ecollinson.bsky.social & Julia Brownell give a quick rundown of what’s new and what it portends for the agency’s future programming:
https://go.cgdev.org/3KTiPW4
Check out @jmadankeller.bsky.social, @clemencelanders.bsky.social, and @rrockafellow.bsky.social's policy paper on how the Global Fund can adapt to a shrinking aid landscape, as featured in a @healthbeat.org article about the Global Fund filling in donation gaps:
https://go.cgdev.org/44crtpk
As aid budgets shrink, the Global Fund’s next $18B replenishment target looks unlikely.
A rethink is needed. @jmadankeller.bsky.social & @clemencelanders.bsky.social outline how a mixed grant–loan model could strengthen the Fund’s future:
https://go.cgdev.org/4odMAyJ
📣Excited to share new @cgdev.org research w co-conspirators @clemencelanders.bsky.social & Rowan Rockafellow exploring an alternative funding path for the Global Fund in a shrinking aid landscape
Full disclosure, it's a bit wonky🤓 so hang on for the ride
Summary blog: www.cgdev.org/blog/weather...
"This might be a moment of opportunity...to build a new modernized and more equal system. Redefine the rules and redefine who gets to write the rules."
@clemencelanders.bsky.social discusses how a new vision for global development cooperation can reshape the system:
https://go.cgdev.org/3Lk1OV7
Photo of Spirit Halloween, which has a tariff aisle including a sign that says “Tariff-ied,” t-shirts that say “once I was afraid now I’m tariffied,” and costumes of Trump’s tariff chart
Spirit Halloween now has a section devoted to Trump’s economic policies
Does France need a wealth tax? on.ft.com/4onIDYn
The World Bank's IDA is facing an uphill climb ⛰️ to maintain its $100bn replenishment, as the tight global interest rate environment drives up borrowing costs.
Nico Martinez & @clemencelanders.bsky.social explain how recent legislation could offer relief:
https://bit.ly/4698A6z
Investors have become less worried about the potential fallout for emerging markets from Trump’s erratic trade war, and are instead focusing on EMs’ improving economic health. It also reflects wariness among some investors over US government bonds...
www.ft.com/content/c939...
1st edition of our @cgdev.org series "Tough Times, Tough Choices" is hot off the press
Facing budget cuts, we argue WHO's leadership must chart a path of retrenchment to a lean @who.int for the global good
w/ @peterbaker17.bsky.social & @rachelbonnifield.bsky.social
www.cgdev.org/publication/...
Amid a broader global health financing crisis, @gavi.org faces a $2.5B budget shortfall
Read our new @cgdev.org brief on how Gavi 6.0 can take a bigger leap w @rachelbonnifield.bsky.social @peterbaker17.bsky.social @tomldrake.bsky.social & @orinlevine.bsky.social
www.cgdev.org/publication/...
#FfD4 kicks off next week against the backdrop of aid cuts & a traffic jam of replenishments among health & other concessional funds
But it's clear these funds need a major overhaul. Our new
@cgdev.org blog highlights 3 action items:
www.cgdev.org/blog/concess...
cc: @clemencelanders.bsky.social
Steel yourself and then read. WaPo went to Khartoum to meet the moms who, thanks to Trump and Musk’s brutal actions, are now watching their little children starve to death or die of cholera
Excited to see our @cgdev.org research featured in this excellent @nytimes.com article about the devastating effect of the US' remittance tax on Africa, especially coming after extensive aid cuts.
www.nytimes.com/2025/06/03/w...
Despite an uncertain development landscape, IDA is on track for a record replenishment—but challenges remain.
Nico Martinez & @clemencelanders.bsky.social detail the headwinds facing IDA, from low growth to rising debt levels:
We’re only smiling because it’s not a real goodbye to @justsand.bsky.social
This clearly lays out the problem of declaring the 'biggest ever IDA' by borrowing a lot (rather than getting actual new donor resources) when it is expensive to borrow.
Can IDA sustain its $100B replenishment during this development finance storm? ⛈️
Nico Martinez and @clemencelanders.bsky.social find IDA is on track for a record replenishment—but a tight funding environment, low growth, and rising debt threaten its firepower:
www.cgdev.org/blog/can-ida...
USAID cuts have left major aid programs without funding. @cgdev.org is now hosting a team analyzing which ex-USAID programs are most cost-effective—and connecting them with donors willing to step in.
Learn more in @npr.org:
www.npr.org/sections/goa...
My @cgdev.org colleagues @ecollinson.bsky.social + @justinrhurley.bsky.social unpack what the 2026 budget request and what it means for US foreign assistance.
www.cgdev.org/blog/redefin...
One of the greatest moments in music history.
Nearly half of the BofA Global Fund Manager Survey participants now anticipate a global recession within the next 12 months, …For more insights visit today’s Chartbook Top Link!
