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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.
On the sidelines of the World Bank and IMF Annual Meetings in Bali, the Center for Global Development, the International Development Finance Club (IDFC), and the Organization for Economic Co-operation and Development (OECD) are pleased to co-host an event, The Changing Role of Development Banks with a Public Mandate in the 2030 Agenda.
The session will focus on the United Nations’ 2030 Agenda, framed by the Sustainable Development Goals (SDGs), and how national and regional development banks can support policy development and financing of these ambitious goals. The Center for Global Development and the IDFC will present their findings on how the twenty-three IDFC development banks are aligning with SDGs and how these banks are evolving to promote sustainable development pathways in the long run. The OECD will discuss the role that emerging economies’ development banks can play in mobilizing the private sector to assist in funding the SDGs. The presentations will be followed by a panel discussion and a reception.
Commitment to Development Index Ranks World’s Richest Countries on How Well Their Domestic Policies Improve Lives in the Developing World
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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.
What's going to happen in the world of development in 2018? Will we finally understand how to deal equitably with refugees and migrants? Or how technological progress can work for developing countries? Or what the impact of year two of the Trump Administration will be? Today’s podcast, our final episode of 2017, raises these questions and many more as a multitude of CGD scholars share their insights and hopes for the year ahead.
World Bank Group President Dr. Jim Yong Kim will join CGD President Masood Ahmed to discuss the future of multilateralism, the Bank’s efforts to maximize resources for development, and the critical importance of investing in people to meet tomorrow’s challenges.