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Blog Post
November 15, 2023
One of the most salient lessons from the pandemic is the need to diversify manufacturing capabilities and bolster supply resilience to avoid a repeat of the slow and inequitable vaccine roll out in African countries. To turn this lesson into action, the Gavi Secretariat is rapidly advancing plans fo...
Blog Post
November 02, 2023
Geopolitical risks are rapidly converging, making the world more crisis-prone and precarious. Faced with a near economic collapse in some low and lower middle-income countries, the escalating devastation of climate-related disasters aggravating existing vulnerabilities, and a sharp rise in conflicts...
Blog Post
October 30, 2023
In August 2021, as the world continued to grapple with the far-reaching effects of the ongoing global pandemic, the International Monetary Fund (IMF) took a significant step to help. Recognizing the unprecedented challenges faced by nations, the IMF issued an allocation of US$ 650 billion worth of S...
Blog Post
October 16, 2023
The real test after the meetings will be how to identify sources of concessional financing for middle-income countries while still delivering on IDA. Donors have leaned heavily on capital adequacy reforms and private sector mobilization as sources of finance, but there is no escaping the fact that t...
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...
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
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 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 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
September 19, 2023
Health systems in Africa are under considerable strain: rapid demographic change, rising non-communicable diseases, and emerging and re-emerging threats such as COVID-19 and Ebola are increasing demands on limited health services. The African Union’s admission to the G20 provides an opportunity for ...