COVID-19 severely hit the economy, causing a loss of tourism receipts and necessitating several strict lockdowns. Pre-pandemic tax cuts and the impact of COVID-19 led to fiscal deficits larger than 10 percent of GDP in 2020 and 2021 and a rapid increase in public debt to 119 percent of GDP in...

Examines through new evidence, ideas, and solutions how to implement three central changes that could lead to the eradication of extreme poverty in the world: breaking cycles of conflict, supporting inclusive growth, and managing shocks and risks.