Commercial financing of government-owned or controlled companies is crucial for their success but major reforms are needed before private investors will step in.
Blog posts on "Governance and public management"
The pandemic has shown central bankers and public debt managers that innovation and creativity are needed to maintain borrowing opportunities and keep local currency bond markets functioning.
COVID-19 has brought unprecedented economic and development challenges but it also offers opportunities for financing solutions to help achieve the Sustainable Development Goals.
Collecting taxes more efficiently allows countries to improve their balance sheets after the pandemic while promoting business investment and sustainable economic growth.
Post-COVID economic recovery could be delayed in countries with poor track records on governance.
COVID-19 has hit the entire globe at once, slowing investment in resilient infrastructure that will improve lives over the long term. Effective governance is critical to ensure infrastructure projects are well planned, funded, and implemented.
Governments need to strategically use financing opportunities while safeguarding their economies from the risks of runaway debt and poor debt management.
The COVID-19 pandemic has created opportunities for a fairer, more robust and more efficient tax revenue and spending system.