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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.
Ratna Sahay, Deputy Director, Monetary and Capital Markets Department, International Monetary Fund
Liliana Rojas-Suarez, Senior Fellow, Center for Global Development
The “glass ceiling” in finance has barely cracked. Compared to the available talent pool, there is still a large gap between the representation of men and women in leadership positions in banks and bank supervision agencies worldwide. In her presentation, Ratna Sahay will summarize new data on banking sector characteristics and performance, as well as the share of women on the boards of directors and banking supervision agency boards. The data indicate that—contrary to common perceptions—many low- and middle-income countries have a higher share of women in bank boards and banking supervision agency boards compared to advanced economies. Together with her IMF colleagues, Sahay uses this new dataset to explore the link between gender and financial stability. She will argue that the presence of women, as well as a higher share of women, on bank boards and banking supervision agencies may contribute to greater bank stability.
Every year, more than 5 million women, children and adolescents die from preventable conditions, due to a significant financing gap for healthcare for women, children and adolescents, and inadequate incentives for provision and use of quality health services, among other factors. The Global Financing Facility (GFF) in support of Every Woman Every Child is a new approach to sustainable global health financing that is supporting countries’ approaches to financing and investing in the health of their people.
Five members of the Zimbabwe Working Group traveled to Harare May 20-25 to meet with the government, opposition leaders, and a wide range of business, religious, and civil society organizations to assess prospects for free and fair elections and for meaningful political and economic reform. Please join us to hear from the delegation as they share their findings and recommendations for US policy.