Coming Together

2021-08-11T10:34:32-04:00August 10, 2021|

By Vitor Gaspar and Gita Gopinath

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Differences in vaccine access and the ability to deploy policy support are creating a growing divergence between advanced economies from many emerging market and developing economies. Faced with high deficits and historic levels of debt, countries with limited access to financing are walking a fiscal tightrope between providing adequate support and preserving financial stability. […]

Giving Everyone a Fair Shot

2021-08-05T11:05:08-04:00April 1, 2021|

By David Amaglobeli, Vitor Gaspar, and Paolo Mauro

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The COVID-19 pandemic is intensifying the vicious circle of inequality. To break this pattern and give everyone a fair shot at prosperity, governments need to improve access to basic public services—such as health care (including vaccination) and education—and strengthen redistributive policies. […]

Public Investment for the Recovery

2021-07-19T13:05:20-04:00October 5, 2020|

By Vitor Gaspar, Paolo Mauro, Catherine Pattillo, and Raphael Espinoza

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Governments around the world are taking extraordinary measures to respond to the COVID-19 crisis. While maintaining the focus on addressing the health emergency and providing lifelines for households and businesses, governments need to prepare economies for the transition to the post-COVID-19 world—including by helping people get back to work. […]

How Strong Infrastructure Governance Can End Waste in Public Investment

2020-09-03T18:02:00-04:00September 3, 2020|

By Gerd Schwartz, Manal Fouad, Torben Hansen, and Geneviève Verdier

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COVID-19 has had a profound impact on people, firms, and economies all over the world. While countries have ramped up public lifelines to individuals and firms they will face enormous challenges to recover from the pandemic, amidst low economic activity and unprecedented levels of debt. […]

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