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CGD NOTES
November 30, 2022
New challenges are emerging in developing countries, and are acute in more fragile countries. Last month, CGD hosted an event with finance ministers on MDB reform, and we now continue the conversation with this reflection from Michel Patrick Boisvert, Minister of Economy and Finance of the Republic ...
Blog Post
November 29, 2022
The Global North can make an immediate down payment on the promises made at COP27 to increase financing for emerging markets and developing countries. How can countries ensure that funding starts to flow now? By pushing the limits of the funding mechanisms already in place.
Blog Post
November 08, 2022
The increasingly global nature of development challenges—including climate change, security, and pandemic response—is laying bare the reality that global solutions are needed, and that the traditional model of development as resources flowing from “North” to “South” is not only insufficient for meet...
CGD NOTES
November 07, 2022
The assignment is clear. During this year’s Annual Meetings of the IMF and World Bank, shareholders instructed the World Bank to develop a work program for its own evolution (“to identify gaps in the Bank’s current institutional and operational framework…”) by the end of the year. Secretary Yellen l...
Blog Post
November 01, 2022
World Bank loan terms are becoming increasingly attractive as global interest rates soar. This is not because the Bank’s International Bank for Reconstruction and Development (IBRD) loans have gotten cheaper, but because the average emerging market’s (EM) borrowing costs have risen so much more dram...