Tag Archives: Designed

These Bonds Designed to Help Developing Countries Fight Pandemics Haven’t Ever Been Paid Out

[ad_1] As Ebola spread through West Africa five years ago, the international community struggled to raise enough funds to help local governments control it. The World Bank decided it needed a way to quickly funnel money to developing countries so they can stop the spread of diseases before they become pandemics. Its answer was to start selling pandemic bonds — essentially insurance from private sector investors that would payout in the case of a large outbreak. The […]

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