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Masood Ahmed is president of the Center for Global Development. He joined the Center in January 2017, capping a 35-year career driving economic development policy initiatives relating to debt, aid effectiveness, trade, and global economic prospects at major international institutions including the IMF, World Bank, and DFID.
Ahmed joined CGD from the IMF, where he served for eight years as director, Middle East and Central Asia Department, earning praise from Managing Director Christine Lagarde as a "visionary leader." In that role, he oversaw the Fund's operations in 32 countries, and managed relationships with key national and regional policy makers and stakeholders. In previous years, he also served as the IMF's director of External Relations, and deputy director of the Policy Development and Review Department.
From 2003-2006, Ahmed served as director general, Policy and International at the UK government's Department for International Development (DFID). In that role, he was responsible for advising UK ministers on development issues and overseeing the UK's relationship with international development institutions such as the World Bank.
Ahmed also worked at the World Bank from 1979-2000 in various managerial and economist positions, rising to become Vice President, Poverty Reduction and Economic Management. In that role he led the HIPC (heavily indebted poor countries) debt relief initiative, which has to-date brought relief from debt burdens to 36 of the world's poorest nations.
Born and raised in Pakistan, Ahmed moved to London in 1971 to study at the LSE where he obtained a BSc Honors as well as an MSc Econ with distinction. He is a UK national.
Ahmed is a leading expert on Middle East economics, having served on the Advisory Board of the LSE Middle East Center, as well as on the World Economic Forum's Global Agenda Council on the Middle East and North Africa. He has also participated in CGD's Advisory Board.
He took over as CGD president from Nancy Birdsall, who served as the Center's founding president for its first 15 years from 2001 and will stay at the Center as a senior fellow.
China's Belt and Road Initiative aims to connect countries that account for 60 percent of the world's people and 30 percent of global GDP. How can we make sure it produces real and lasting benefits for developing countries that are involved? At this special mini-summit, co-hosted by CGD, the European Bank for Reconstruction and Development, and the Reinventing Bretton Woods Committee, we will bring together global leaders, including governments, multilateral development finance institutions and private banks to identify and discuss practical considerations for BRI partners, as well as challenges and solutions.
With more than 145 million people in need of humanitarian assistance, more than 65 million people forcibly displaced, growing risks of climate-driven natural hazards, food insecurity on the rise and four countries struggling to stave off famine, the global humanitarian system faces exceptional challenges. As needs outstrip funding, it is clear that traditional ways of doing business will not suffice. These global crises cannot be addressed without rethinking the link between humanitarian response and development assistance. CGD is delighted to welcome Mark Lowcock, less than two months into his new position as the Emergency Relief Coordinator and Under-Secretary-General for Humanitarian Affairs. As the UN system’s lead for global relief activities, he is charged with coordinating how humanitarian agencies respond and work together to address global emergencies. After delivering remarks, he will join CGD president Masood Ahmed to discuss successes, challenges, priorities, and reforms for the global humanitarian system in a time of urgent and growing need.
To coincide with the launch of the IMF’s latest global economic forecasts, and following the G-20 Summit, please join IMF Managing Director Christine Lagarde and CGD president Masood Ahmed for a conversation about challenges and trends ahead for the global economy.
What is the role of the IMF in ensuring inclusive growth and stability in the years to come, and how should it respond to ongoing and emerging issues, including fragile states, rising inequality, technological innovation, and the future of international economic cooperation? The discussion will focus on issues related to the future of the international economy.
Why aren't tobacco taxes being addressed more forcefully and in more countries? Evidence suggests that tobacco taxes can be extremely effective—the cost is very low relative to the revenues and fully justified by the health gains.
I am thrilled to start work today as part of the CGD team. I look forward to leading this remarkable institution in the years to come and to forging ever stronger partnerships with all of you—the larger community of CGD experts, alumni, board members, donors, partner institutions, and friends and well-wishers alike.
Given the changing global landscape, development finance – rather than aid – is poised to be the future of development. The spotlight is increasingly on Development Finance Institutions (DFIs) to be catalysts in mobilizing needed financing. At a time when their record on development finance mobilization and development impact is still debated, they are nevertheless being asked to play a critical role in helping to fill huge financing gaps associated with meeting the SDGs. Several countries have established new DFIs and others are considering expanding DFI operations.
Like the mythical Roman god Janus, there are two faces to most of the economies of the MENA region. We can call them the young and the old. And that the choice for MENA governments to make is not which face of Janus to support, but rather how to ensure that both can co-exist and prosper.
The IMF Fiscal Affairs Department is launching a new book entitled Digital Revolutions in Public Finance. Offering the first detailed assessment of the impact of digital technology on fiscal policy, this publication is a landmark of a collaboration between the IMF’s Fiscal Affairs Department and the Bill & Melinda Gates Foundation. It includes contributions from academics, former government officials and technologists, providing perspectives on how digitalization can revolutionize the design and implementation of fiscal policy—and on the risks and challenges that need to be faced.
On International Women’s Day it is right to celebrate the huge advances in women’s rights during our own lifetimes. In almost every country in the world, women are closer to achieving equality in economic and social activity. However, even as we celebrate progress, we cannot lose sight of the road still to travel.