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Blog Post
October 03, 2024
This year, donors will replenish IDA and much of the focus is rightly on IDA’s development effectiveness. But, IDA’s macro role in the broader development finance architecture is profoundly consequential. Here are some ideas on what IDA can do to help carry forward the Nairobi-Washington Vision and ...
Blog Post
September 18, 2024
If Banga’s $100 billion total replenishment target is met by making IDA more expensive, the champagne should remain corked. Far better for the World Bank’s president to declare that donors have failed the institution and the world’s poorest countries than to try to engineer a trainwreck to look like...
Blog Post
August 15, 2024
Over the last twenty plus years, global health has benefited from the emergence of new financing models and “global health initiatives” (GHIs), including Gavi, the Vaccine Alliance and the Global Fund to Fight Aids, Tuberculosis, and Malaria. These innovative GHIs were created to provide rapid reduc...
Blog Post
July 24, 2024
The recently advanced bipartisan DFC Modernization and Reauthorization Act of 2024 does more than reauthorize the Development Finance Corporation—it also includes several provisions that would shape the US development finance agency’s direction of travel for the next seven years. Standout elements i...
BRIEFS
June 17, 2024
The International Development Association (IDA)—the World Bank’s arm that works in low- and lower-middle-income countries—is one of the largest sources of development assistance for the world’s poorest countries. It is also a crucial tool for resource-constrained governments to borrow on affordable ...
CGD NOTES
May 07, 2024
IDA faces many headwinds—difficult aid politics in key donor countries; a high-interest rate environment that renders its financial model less efficient; and deteriorating credit quality in many of its client countries that makes risk taking less appealing. Breaking the $100 billion mark is not a po...