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Blog Post
March 11, 2024
The African Development Bank has been a prime mover in advancing a new form of capital for the multilateral development banks, called hybrid capital. If there is another item on the MDB reform agenda that is more of a win-win proposition than hybrid capital, we are not aware of it.
Blog Post
November 08, 2023
Koldo Echebarria’s fascinating paper explores the long and tragic story of Haiti’s struggle to achieve both political stability and economic prosperity. Despite mostly good intentions—at least in recent decades—and periodic surges in aid, one would have to conclude that the international community h...
Blog Post
October 04, 2022
The World Bank/IMF Annual Meetings begin next week—against a backdrop of mounting economic crises and uncertainty. How can we reduce global debt? Rethink the MDB/IMF system to address pressing issues like pandemics, climate change, and food security? Support poor countries where they need the most a...
Blog Post
February 09, 2022
Much has been written about yawning infrastructure finance gaps in sub-Saharan Africa, and there is a growing recognition that these gaps have widened during the pandemic. Since the “billions to trillions” vision was launched in 2015, many have stressed that the private sector must be a significant ...