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Blog Post
March 18, 2020
The World Bank Group has some very clear (and very good) guidelines about what makes for a successful public-private partnership where governments contract service provision like energy supply or education from private firms. Sadly, the bank has been ignoring that rule recently. And that is a sign o...
Blog Post
March 18, 2020
The experience of the 2007 global financial crisis can tell us a few things about how low-income countries could be affected by the coronavirus pandemic in the near term, even as we recognize that the myriad economic problems created by the pandemic are almost certainly greater in number and scale t...
Blog Post
March 10, 2020
The Private Sector Window (PSW) takes resources from the World Bank’s soft lending arm, the International Development Association (IDA), and uses it to support private sector investments in poorer developing countries.This is a comparatively straightforward way for the IFC to move money, but it is h...
Blog Post
March 10, 2020
As global health and international finance organizations respond to the evolving COVID-19 outbreak, it is time to create stronger incentives for pandemic preparedness in low- and middle-income countries. Together with colleagues from the Nuclear Threat Initiative, the Center for Strategic and I...
Blog Post
March 05, 2020
I’m not convinced that the IFC will manage to deliver on all of the promises it is making in order to receive the funds. And I think that congressional concerns with the IFC’s use of aid in an attempt to meet lending targets are right. So, reform should come alongside resources.
Blog Post
March 04, 2020
Yesterday the World Bank announced $12 billion in financing available to member countries to respond to the health and economic impacts of the COVID-19 outbreak. There is not much information yet in the public domain on the sources and planned uses for this money, but five questions – each with addi...
CGD NOTES
March 04, 2020
In May 2018, the shareholders of the International Finance Corporation (IFC)—the private sector arm of the World Bank—agreed to increase its paid-in capital by $5.5 billion as part of the $13 billion capital increase for the World Bank Group (WBG). The US administration agreed to the increase b...