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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.
Center for Global Development
WASHINGTON - Center for Global Development President Masood Ahmed released the following statement Wednesday on the news that Christine Lagarde was temporarily stepping down as managing director of the International Monetary Fund, following her nomination to lead the European Central Bank:
“Christine Lagarde can take credit for bequeathing an IMF that has become the premier international financial institution. She brought a rare combination of political sensitivity, personal empathy and tough but loyal leadership for her institution, carried out with a steady hand at a trying time for the world economy. Lagarde will be a hard act to follow but I am confident that the Fund is in good hands under acting managing director David Lipton.
"Running any central bank today requires not just technical competence but an ability to engage with elected politicians and the broader public. This is even more so the case for the European Central Bank which represents 19 sovereign governments. Having successfully led an organization with a 189 members, Christine Lagarde is exceptionally qualified to manage such a challenge.
“I know that no matter what future position she may hold, whether in Washington or Brussels or elsewhere, she will tackle it with her strong grasp of the substantive, weighty economic issues of our time while recognizing that the ultimate test for all economic policies is how they improve the lives of citizens everywhere.”
This week, as world leaders meet in Washington, DC for the Annual Meetings of the International Monetary Fund and World Bank, they will be discussing ways to reduce global poverty and inequality. At the Center for Global Development we're addressing the question, what are the next frontiers in global development?
Each year, as ministers gather from all corners of the world for the World Bank/IMF Spring Meetings, Washington DC resounds with a cacophony of differing perspectives on future prospects, like a giant, multinational orchestra tuning up. Yet this time, in both public and private gatherings, with both developed and developing country dignitaries, as well as leading technocrats from the international financial institutions, one refrain kept recurring, defining the mood of the whole symphony. I would summarize it as 'The numbers are looking better, so why don't I feel good about them?'
Commitment to Development Index Ranks World’s Richest Countries on How Well Their Domestic Policies Improve Lives in the Developing World
Center for Global Development
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WASHINGTON – Today, the Center for Global Development announced that Sweden claimed the #1 spot in the Commitment to Development Index, which ranks 27 of the world’s richest countries by how well their policies help improve lives in the developing world.
The Commitment to Development Index (CDI) is released annually by the Center for Global Development. It is a quantitative, broad based analytical tool that measures contributions in seven policy areas: aid (both quantity as a share of national income, and quality), finance, technology, environment, trade, security, and migration. Within each component, countries are measured on how their domestic policies and actions support poor countries in their efforts to build prosperity, good governance, and security.
“Good development policy is about much more than foreign aid,” said Masood Ahmed, the president of the Center for Global Development. “While aid is important, policymakers in rich countries need to assess all the ways their choices, from refugee policies to intellectual property rights, help or hinder developing countries.”
In this year’s Index, Sweden edged out Denmark (which led the index last year). Sweden’s top performance was driven by excellent scores on foreign aid, environment, trade, and migration. It also led all 27 countries in the migration ranking, with a high share of refugees and strong policies to help integrate migrants.
You can view the full 2018 rankings at www.cgdev.org/cdi.
“Domestic policies can have a major impact on other nations around the world – both intended and not,” said Ian Mitchell, a senior fellow and the report’s author. “Sweden sets a great example on its approach to environment and has migration policies that benefit migrants, Sweden, and developing nations alike, but Sweden’s work isn’t finished. As new global challenges emerge, we hope Sweden will continue to put in place domestic policies that improve outcomes in the developing world.”
Other findings from this year’s results include:
For the first time a G-7 country, Germany, clinched a place in the top three, overtaking France and just behind the Nordic powerhouses Sweden and Denmark.
The U.S. ranked 23rd in this year’s Index, while European countries dominate the top spots.
Australia surged up 4 spots in this year’s Index.
The Netherlands takes the top spot in the trade rankings, and Japan rises 10 slots.
Learn more about the rankings and how countries performed at www.cgdev.org/cdi.
About the Methodology: The CDI is transparent about its method and data, with full details available at www.cgdev.org/cdi. All the data and calculations are published with full sources in a series of spreadsheets. The CDI uses an updated methodology each year, making improvements in the way we measure how policy impacts development. Year on year changes reported above can reflect new data, or an improved method, or both.
Contact: Sean Bartlett Center for Global Development email@example.com +1.202.821.2947
WASHINGTON – On behalf of the staff of the Center for Global Development (CGD), President Masood Ahmed released the following statement Thursday:
“As a Washington, DC-based think tank, focused internationally to fulfill our global development mission, the incidents of the past weeks have compelled us to look locally. And we are saddened and angered by the individual injustices and institutionalized discrimination that we have seen, from the taking of George Floyd's, Breonna Taylor's, and other Black lives to violent reactions against peaceful protesters. We join our local community and communities across the country—as well as all over the world—in calling for justice, working to end institutionalized racism and violence, and affirming that Black lives matter.
“Our mission at CGD is to conduct research and craft policy proposals to combat global poverty and promote global prosperity. Central to human development and prosperity is good governance grounded in fundamental human rights: civil, political, and judicial systems that advance equal rights, safety, and openness for everyone, especially the historically marginalized and victimized. It takes a concerted effort of conscientious people working together to undo the structural wrongs of the past and build a better future. This is just as true in low-income countries as it is in wealthy countries like the US.
“We are also looking internally at our staff and culture, at the areas where we haven’t done enough to advance and promote diversity. We are committed to doing better.”
About the Center for Global Development:
The Center for Global Development is an independent, nonpartisan, nonprofit organization that works to reduce global poverty and improve lives through innovative economic research that drives better policy and practice by the world's top decision makers. https://www.cgdev.org/page/about-cgd
WASHINGTON – Masood Ahmed, president of the Center for Global Development, released the following statement Friday upon the passing of Guillermo Perry, the former Colombian minister of finance and a non-resident fellow at CGD:
Eva Taylor Grant
Center for Global Development
The CGD family is mourning the loss of our friend and colleague, Guillermo Perry.
Guillermo dedicated his career to economic stabilization and effective, impactful development outcomes not just for his home country of Colombia, but internationally as well after a decade of service at the World Bank. He played a foundational role in Colombia’s 1991 Constitutional Assembly, served as a Colombian senator and went on to advise multiple presidents, rising to be the Minister of Finance and Public Credit. We’ll miss his contributions to the field of global development and macroeconomic stabilization, both as a policymaker and also as a leading academic mind, helping teach the next generation of leaders.
At a personal level, I had the pleasure and privilege of working alongside him for many years at the World Bank where his wisdom, thoughtfulness and humanity were admired by all.
We extend our deepest condolences to his wife, family and friends at this difficult time.