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Nancy Birdsall to Deliver Kapuscinski Development Lecture in Berlin

On February 23, CGD President Nancy Birdsall will deliver the first Kapuscinski Development Lecture of 2016 in Berlin, Germany. Her lecture, “The New Middle Class in the Developing World: Does It Matter?” will take a hard look at what it means to be middle class in developing countries and explore the role of strugglers, the rapidly expanding group of people caught between extreme poverty and the middle class.

EBRD Raises the Bar for International Appointments

On Friday evening, the governors of the European Bank for Reconstruction and Development   (EBRD) selected a new president: British civil servant Sir Suma Chakrabarti. The decision is important because the EBRD has recently taken on a major global challenge: assisting the countries of the Arab Spring.  It also matters because the selection process raised the bar for open, transparent and merit-based leadership selection at other international institutions, including the World Bank, IMF and the other regional development banks.