Ideas to Action:

Independent research for global prosperity

Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

IMF and World Bank Annual Meetings 2016: Leveraging Global Growth in Challenging Times

Beginning this Friday, the Annual Meetings of the IMF and World Bank will take place against the backdrop of a still-sputtering global economy, a growing number of displaced people, and a warming climate. In the face of these headwinds, a major priority for the multilaterals has to be to energize their members to spur global growth while also helping to address the challenge of global public goods.

Which Countries Have Graduated from Each Income Group, and When?

There are some questions that a majority of the researchers in a field will ask themselves at least once. In our field, one such question is which countries have graduated from each income group, and when. This is an important question because the world has been quietly transforming since the 1980s.

My Two Big Worries about the World Bank

For the first time in its seven-decade-long history, World Bank staff staged a work stoppage earlier this month. Staff are unhappy about the “Change Process,” aka the ongoing internal reorganization that President Kim initiated on his arrival at the bank now more than two years ago.

Does Jim Kim Get Water?

Over the past week World Bank president Jim Kim’s mind seems to have been on water and development.  But what does he mean by “water” and how does this relate to the huge water-related development challenges faced by the World Bank’s borrowers?

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.

New Structural Economics: Industrial Policy 2.0 or Same Old Structuralism?

This is a joint post with Julia Clark and Christian Meyer.

Industrial policy—as many have already commented—is back. (See here, here and here).

The recent wave of post-financial-crisis interventionism has reignited the classic (and often heated) debate about whether governments can in fact nurture economic growth. Previous analysis of the East Asian miracle, and frustration at the perceived failure of certain liberalization policies, has led many to (again) embrace a more activist role for governments in economic development.

Pages

Tags