Understanding Default Rates in Development Finance

In this episode of the Sound of Economics, host Rebecca Christie discusses global development with Bruegel director Jeromin Zettelmeyer and Alfonso García Mora, vice president for Europe, Latin America and the Caribbean at the International Finance Corporation, the World Bank Group’s arm for mobilizing private finance. They discuss what tools are available, what needs can be addressed, and how that fits into today’s geopolitical environment. By helping public and private funders work together, these efforts allow recipient countries like Ukraine to get more out of international assistance.