World Bank

More from the Series

TESTIMONY
How America Leads Abroad: An Examination of Multilateral Development Institutions
November 13, 2019
On November 13, CGD senior fellow Charles Kenny testified before the House Committe on Financial Services Subcommittee on National Security, International Development, and Monetary Policy Hearing, on How America Leads Abroad: An Examination of Multilateral Development Institutions.
BRIEFS
ABCs of the IFIs: The World Bank
October 11, 2019
The World Bank is a multilateral organization that provides financial and technical assistance to developing countries. As the World Bank’s largest shareholder, the United States maintains a unique influence in shaping its agenda and has a vested interest in ensuring the institution is well ma...
Blog Post
Aid Transparency and Subsidies to Private Companies: A First Step, But a Long Road Ahead
October 10, 2019
Today the IFC announced a step forward in its transparency around the use of aid resources to finance private companies. That’s right and proper: When scarce aid, and scarce tax resources, are used to support private firms, citizens of donor countries and recipient countries alike ha...
Blog Post
Infrastructure and IDA19: A Priority or Not?
September 03, 2019
The grim picture for SDG-related infrastructure finance in low-income countries (LICs) is by now familiar. Nancy Lee examines salient evidence about the state of funding for infrastructure in LMICs.
CGD NOTES
Promoting Investment in Research for Development Outcomes: A Research Ventures Fund at the World Bank
August 08, 2019
This note proposes a new Research Ventures Fund (RVF) at the World Bank to better prioritize R&D investments in support of development progress. The RVF would employ financing mechanisms that are consistent with research needs: significant scale and scope, patience, and tolerance for failure. Ex...
Blog Post
Should Multilaterals be Contractors or Collectives? A Case Study of World Bank Trust Funds
July 31, 2019
Trust funds are often regarded within donor agencies, such as DFID, as a useful mechanism to bypass lack of consensus within the multilateral, or to circumvent bureaucratic obstacles. But trust funds should properly be regarded as second or third best solutions.
POLICY PAPERS
“Contractors or Collectives?” Earmarked Funding of Multilaterals, Donor Needs and Institutional Integrity: The World Bank as a Case Study
July 16, 2019
This paper revisits earlier analyses of the pros and cons of so-called “Multi-bi” funding, or earmarked bilateral funding channelled through a multilateral development institution like the World Bank.