October 29, 2019
Too Small to Succeed: Reforming the AfDB’s Financial Governance
Why isn’t the African Development Bank Group bigger? Clemence Landers and Nancy Lee have a proposal to reform the bank and increase its size and impact.
Views from the Center
October 21, 2019
The Wise Persons Group Report on Europe’s Development Finance Architecture: Merger, Acquisition, or Reinvention?
Earlier this month, the long-awaited report on the future of the European financial architecture for development was released. Are the report’s proposals feasible? And crucially, do they offer a magic bullet to the intractable state of the European development finance system? I argue that although some of the proposals go some way towards offering a solution to the current problem, politics will undoubtedly trump logic, and we will—at least in the near future—be left with a stalemate.
October 1, 2019
Building a Foundation for Better Development Cooperation: CGD Development Leaders Conference 2019
The big takeaway from the 2018 CGD Development Leaders conference was that all agencies, new and old, face similar opportunities and challenges—of relevance, responsiveness, communication, capability, and resilience—and there is much to learn from sharing experiences, especially at this time of profound change in the world of international development. CGD’s 2019 Development Leaders conference, co-hosted with the Asian Infrastructure Investment Bank (AIIB), in Beijing, China, will again bring together the community of Heads and Directors of development cooperation in aid agencies and ministries from around the world.
July 24, 2019
Foreign Private Investment in Low-Income Countries: More Important Than You Think
In a world of stagnating public aid, limited fiscal space, and rising public debt in low-income countries, can they realistically expect to rely more on private finance from foreigners?
April 10, 2019
Congress Spotlights the World Bank’s Private Sector Subsidies
Yesterday, the House Committee on Financial Services held a hearing with US Secretary of the Treasury Stephen Mnuchin on the international financial system. Chairwoman Maxine Waters opened the session with a strong statement on the World Bank’s $2.5 billion IDA Private Sector Window (PSW). Chairwoman Waters raises important concerns with the Private Sector Window that should be urgently addressed.
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