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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...
Blog Post
October 31, 2022
The US has played a lead role in responding to recent and evolving threats around the world—in large part—thanks to supplemental funding provided by Congress. Lawmakers have demonstrated a willingness to loosen the proverbial purse strings outside the typical, annual appropriations cycle in response...
Nov
14
2022
8:30—12:00 PM Eastern Time (US & Canada)/ 1:30—5:00pm Greenwich Mean Time (GMT)
October 28, 2022
Climate change, conflict, food insecurity, and pandemics. These global challenges are growing in urgency, and complexity—and they are not confined by borders. While wealthy countries are aging and their growth rates are faltering, the traditional manufacturing-led path to rapid growth in poorer coun...
BRIEFS
October 11, 2022
We are living in a time when many countries face heightened debt vulnerabilities. There is no international bankruptcy mechanism for countries that default on their external obligations. The objective of the international financial architecture—historically overseen by the IMF and its shareholders— ...
Blog Post
October 04, 2022
The World Bank/IMF Annual Meetings begin next week—against a backdrop of mounting economic crises and uncertainty. How can we reduce global debt? Rethink the MDB/IMF system to address pressing issues like pandemics, climate change, and food security? Support poor countries where they need the most a...
Blog Post
September 14, 2022
In March, the World Bank estimated that a dozen developing countries could default on their debt over the next 12 months. The warning signs are everywhere. Investors have pulled $50 billion from emerging-market bond funds this year, and the debt of nearly one-third of these countries is trading at d...
Oct
7
2022
10:00—11:00 AM Eastern Time (US & Canada)/ 2:00 - 3:00pm Greenwich Mean Time (GMT)/ 3:00 - 4:00pm British Summer Time (BST)
September 12, 2022
How can we rethink the World Bank and other MDBs to tackle the new, global challenges facing us today? This event marks the beginning of a new program of work from CGD on the next evolution of the MDBs—their evolving mandate to provide global public goods. Throughout the project CGD will consult key...