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Blog Post
June 01, 2023
Last month, the World Bank announced its intention to mobilize $12 billion for a new Crisis Facility for IDA, the arm of the bank that provides concessional lending and grants to the poorest countries. The Crisis Facility will augment emergency funding for IDA’s most vulnerable borrowers and provid...
Blog Post
May 22, 2023
The climate mitigation work is an urgent development mission. The world has probably already lost the battle to limit warming to 1.5 degrees Celsius by 2050. Even now, millions of people in developing countries are suffering and dying due to natural disasters and sea level rise made worse by past an...
WORKING PAPERS
May 17, 2023
We evaluate two labor market interventions targeting young women in Nairobi, Kenya. The first was a multifaceted program involving vocational training, in-kind transfers of physical capital, and ongoing mentoring. The second was an unrestricted cash grant. Both interventions shift women into self-em...
Blog Post
May 17, 2023
Youth unemployment is a massive problem in many African countries, where the formal sector is small and the population is still expanding rapidly. Relative to young people in other parts of the world, African youth entering the labor force are more likely to be forced to take unpaid jobs to gain exp...
CGD NOTES
May 15, 2023
The ability of the World Bank to strike an appropriate balance between country demands and global goods depends on the institution’s shareholders. Yet, the deterioration in the bilateral relationship between the United States and China now threatens to undermine effective governance at the instituti...
POLICY PAPERS
May 11, 2023
The COVID pandemic has had differential effects by gender, with women experiencing higher job and income loss, increased rates of domestic violence, and mounting care burdens. We examine the extent to which MDB COVID response projects incorporated gender elements and highlight the gaps in those effo...
Blog Post
May 04, 2023
The G20 under the Indian Presidency, building on the work of Italian and Indonesian predecessors, has placed these issues squarely on its agenda, with the intention of making significant progress this year. That work includes the report on MDB capital adequacy, which contains important recommendatio...
Blog Post
May 04, 2023
Last week, the World Bank published the 2023 edition of its World Development Report (WDR), with a focus on “Migrants, Refugees, and Societies.” The report provides a sweeping overview of the issues facing migrants, refugees, and countries of origin, transit, and destination, encapsulating it all in...