Developing countries have been hit hard by a host of geopolitical, economic, and environmental crises. To meet these challenges head on, Homi Kharas and Amar Bhattacharya call for an ambitious expansion of the International Bank for Reconstruction and Development (IBRD) to a $1 trillion institution.
Joe Biden is heading toward the 2024 presidential campaign with the federal government’s job rating in decline, support for a smaller government increasing, and the demand for major government reform at a 30-year high. Paul Light assesses public opinion about a range of government-related issues and provides recommendations for how Biden and Congress can course-correct.
In addition to large fiscal packages, governments around the world utilized credit market interventions to support their economies during the pandemic. On the season two premiere of the Brookings Podcast on Economic Activity, Gee Hee Hong, Deborah Lucas, and Wendy Edelberg discuss the impact of these policies.
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