With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Please join us for a unique event, where we will hear from the heads of five development finance institutions (DFIs) about how to unlock private resources for global prosperity. As public sector organizations set up to attract private wealth into development projects, these five DFIs together bring $50 billion to the table—and catalyze much more.
We know that private resource flows into the developing world far exceed anything governments might provide in official development assistance and that greater economic growth and jobs are needed to meet individual aspirations. How can DFIs help governments to rethink how they work with the private sector?
At this co-hosted event, think tank experts will quiz DFI heads about their main challenges and successes in leveraging private capital, and how they can do better. Expert moderators include: Kirsten Madison (Resident Fellow and Deputy Director of Foreign and Defense Policy Studies, AEI), Todd Moss (Senior Fellow and Chief Operating Officer, CGD), and Dan Runde (William A. Schreyer Chair and Director, Project on Prosperity and Development, CSIS).
Industrialization was never an accident but an outcome of a well- crafted industrial policy. Analyzing the capacity and limits of the (developmental) state in the industrialization process and in economic development in general, Murat Yülek’s new book, How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development, sheds light on how today’s governments can design industrial policy and how they can identify strategic sectors to break out of Low and Middle Income Traps. Explaining technical concepts in understandable terms, the book introduces a stylized industrialization process in four stages and locates different countries on the process map. He illustrates how picking-the-winner type industrial policies –a controversial issue among the economists –have worked in different countries. It also discusses how industrial policy and science, technology and innovation policies should be sequenced for best results. As trade wars and (pre-mature) de-industrialization become the zeitgeist of today, the book shows the links between global (im)balances and economic development explaining export-led growth as well as import-led slowdowns.
On the sidelines of the World Bank and IMF Spring Meetings 2019, the Center for Global Development (CGD) and the Bretton Woods Committee (BWC) will co-host this expert panel to discuss the future of the World Bank under its new president, David Malpass. What should top his agenda? What are the most important and urgent issues in the development landscape and what is the role of the World Bank in addressing these challenges? Join us to hear from this panel of global thought leaders offering recommendations for the future of the multilateral system.