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Blog Post
November 22, 2023
Under the Indian Presidency, the G20 tasked N.K. Singh and Larry Summers to convene an independent expert group (IEG) to recommend how to strengthen multilateral development banks and address the shared global challenges of the 21st century (disclosure: we were both part of the Secretariat supportin...
CGD NOTES
October 13, 2023
A world on fire requires the multilateral development banks to be at center stage in creating an effective response and bringing diverse actors to support a shared agenda of transformative development. MDBs have a distinctive comparative advantage in playing a catalytic role in fostering government ...
Blog Post
May 22, 2023
This week, the African Development Bank (AfDB) will hold its annual meeting in Sharm El Sheikh, Egypt. This is the right moment for its shareholders and other donors to commit to allocating some of their excess Special Drawing Rights (SDRs) to the hybrid capital fund that the AfDB has proposed to ...
Blog Post
July 15, 2022
When G20 Finance Ministers meet this weekend in Bali, their meeting will likely be no more harmonious than their Foreign Minister counterparts managed ten days ago. But the world – and developing countries in particular – deserve better. The reality for the world’s poorest countries is getting bleak...
Blog Post
January 18, 2022
When the pandemic first struck, dealing with excessive debt and debt service burdens of developing countries figured prominently on the international response agenda. The G20 produced the Debt Service Suspension Initiative (DSSI)—a program to defer official debt service due by mostly low-income coun...
Blog Post
November 23, 2021
CGD's Masood Ahmed speaks with Sida's Carin Jämtin and MCC's Alexia Latortue about their takeaways from the 2021 Development Leaders Conference, including the tensions between national and global challenges, how development agency leaders can address them, and what these decisions might mean for age...
Blog Post
October 08, 2021
Amidst the debate, fears, political polarization, and regrets surrounding globalization, we cannot ignore a central reality: much of it is not reversible or even resistable. As in other periods of human history where new connections are forged between geographies and civilizations—whether driven by ...