CGD in the News

What Kind of Leader Does the African Development Bank Need? (CNBC Africa)


This May, the African Development Bank will elect a new leader as Donald Kaberuka, the Bank's current president, finishes his term. 

China Forgoes Veto Power at New Bank to Win Key European Nations’ Support (Wall Street Journal)


The World Bank is starting a “a fundamental review” of how its governed, said Scott Morris, a former Obama Treasury official who is now a researcher at the Center for Global Development, a Washington think tank. To say that [the new Asian bank] should aim for the ‘highest standards’ or ‘best practices’ is kind of an empty target,” he said in an email response.

If You Can’t Beat ‘Em, Join ‘Em? (Foreign Policy)


“How much longer can you say that countries shouldn’t join this new institution when they keep doing it anyway?” asked Scott Morris, an expert on international financial institutions at the Center for Global Development.