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Blog Post
October 13, 2023
World Bank president Ajay Banga’s declared strategy is to lead with a better bank before pushing for a bigger bank. I hope it works. His shoutout to the dribs of finance offered by Germany and the US toward guarantees and hybrid capital in his Annual Meetings speech today only served to emphasize ho...
Blog Post
October 12, 2023
As the World Bank and IMF meetings wrap up in Morocco, hopes for an imminent revolution in multilateral finance look forlorn. A dollar of capital can support five dollars of lending at the IBRD and the costs of subsidized finance for the poorest countries through IDA are shared amongst more than fif...
Blog Post
October 11, 2023
Today as we celebrate the International Day of the Girl, I’m excited to see increased attention turning towards one dimension of girls’ wellbeing that policymakers, donors, researchers, and advocates have historically shied away from discussing – economic empowerment. Efforts to support girls have t...
Blog Post
October 09, 2023
Ahead of the highly-anticipated World Bank-IMF Annual Meetings in Marrakech, the Center for Global Development has unveiled a new tool to track reforms at the multilateral development banks. The Multilateral Development Bank (MDB) Reform Tracker is an innovative platform that explores how the six la...
Blog Post
October 06, 2023
Diversity and inclusion improve the quality, relevance, and credibility of development policy. International financial institutions (IFIs) recognize that gender equality in leadership results in better policy making, with all IFIs establishing DEI offices and releasing DEI reports that emphasize the...
Blog Post
October 05, 2023
Next week, finance ministers and other officials from around the world will descend on Marrakech for the World Bank and IMF annual meetings. Read on for a range of quick reactions from CGD's experts on what will happen next week, and what should happen—and how we get from one to the other.
Blog Post
October 05, 2023
Only one woman born and raised in a low- or middle-income country has ever headed an international financial institution. CGD's Eeshani Kandpal speaks with Francisco Ferreira from the London School of Economics and Amie Batson from WomenLift Health about what effective mentorship and allyship can lo...
Blog Post
September 18, 2023
Among the many achievements, the G20 leaders’ commitment to gender equality was remarkable for their focus and breadth of coverage. The declaration focused on women-led development and women’s economic empowerment, recognizing the wide gaps in male and female employment and labor force participation...