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.
Anne-Marie Gulde, Deputy Director, African Department, IMF
Dawn Holland, Chief of Global Economic Monitoring Branch, Economic Analysis and Policy Division, Department of Economic and Social Affairs, United Nations
Liliana Rojas-Suarez, Senior Fellow and Director of the Latin America Initiative, Center for Global Development
Sudhir Shetty, Chief Economist, East Asia and Pacific Region, World Bank
Masood Ahmed, President, Center for Global Development
Global growth is expected to slow down over the next two years. Trade and investment flows are likely to be more moderate and access to finance more difficult. Risks to the global economic outlook include greater volatility in financial markets, trade tensions, and heightened policy uncertainty.
Given these challenges, policymakers in emerging market and developing economies need to strengthen monetary and fiscal policy frameworks that will help them to cope with these uncertainties. At the same time, they must also focus on long-term growth prospects by taking steps to improve competitiveness, adaptability to technological change, and trade openness.
Join experts from the World Bank, the IMF, the UN, and CGD as we explore how global policymakers can best manage economic challenges in the coming year.
Join us for a reception in advance of the 72nd World Health Assembly in Geneva, Switzerland.
This reception is an opportunity to learn about a proposed innovative approach to health financing while networking with other global health leaders. Per the high-level political declaration on the fight against tuberculosis, we are committed to mobilizing sufficient and sustainable financing for universal access to quality prevention, diagnosis, treatment and care of tuberculosis.
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.