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Blog Post
April 14, 2023
The dialogue around World Bank reform proposals has been dominated by Northern voices. But in the last week, representatives of World Bank Group client countries both based in the city and visiting for the World Bank-IMF Spring Meetings have helped to rebalance the discussion.
Blog Post
April 10, 2023
On the face of it, the case for a general capital increase for the World Bank should be obvious and urgent in our age of the polycrisis. It is a very efficient way to support an increase in development and climate lending by an order of magnitude. A $20 billion paid-in capital increase would support...
Blog Post
April 03, 2023
The world has changed since the creation of the International Monetary Fund and the World Bank—the world’s first international financial institutions—over 75 years ago. The shared challenges facing humanity have only grown more pressing and existential. From pandemics to climate change to financial ...
CGD NOTES
March 20, 2023
With global challenges high on the international agenda and financing set to increase in the coming years, a big push on evidence, backed by dedicated resources, is essential. This note makes the case for a reinvigorated evidence agenda to boost the impact of financing for development and global pub...
Blog Post
March 14, 2023
On Wednesday March 8, the Center for Global Development hosted an event with Andrew Mitchell, Minister of State for Development and Africa of the United Kingdom, as part of our series of conversations and work on the future of development. The Minister spoke about the role the UK is playing today, t...
Blog Post
February 23, 2023
Last month, the World Bank released an “evolution roadmap” proposing to do more on climate change in low- and middle-income countries. It is a global challenge that will have a disproportionate impact on the world’s poorest countries. But it is also important to listen to the Bank’s clients, especia...
Blog Post
February 22, 2023
You’ve got an education program, and you’re confident that it’s having an impact. But is it worth the cost? How can you know, and how can you compare it to other education programs? Cost-effectiveness analysis tells you how much you pay for a given increase in student learning or student school part...
Blog Post
February 15, 2023
Months of innovative work by AfDB staff have resulted in an attractive SDR recycling scheme that overcomes a major hurdle by successfully embodying the reserve asset characteristic. And it will allow leveraging SDRs to multiply their lending power 3-4 times. Now politicians have to step up and commi...
Blog Post
January 25, 2023
Last month, the Center for Global Development (CGD), the White House Office of Science and Technology Policy, and the Office of Management and Budget co-hosted an Evidence Forum as part of the White House Year of Evidence for Action, featuring USAID Administer Samantha Power. The event celebrated pr...