Search

Fragile and conflict-affected situations (FCS) present the most difficult development problem of our era. According to the last OECD States of Fragility report, the sixty countries characterized as FCS are home to 73 percent of those living in extreme poverty, and that number is expected to rise to ...

A new institutional strategy for the years 2024–2030 was just approved by the Board of Governors at the annual meeting of the Inter-American Development Bank (IDB). This comes one year after Ilan Goldfajn assumed the presidency of the organization with a commitment to establish clear priorities and ...

Despite significant financial and political commitment, the international community's track record in state-building in fragile contexts has been poor. Only in the few instances of reform-minded governments with strong local leadership—like Rwanda—has lasting progress been accomplished. Most fragile...

World Bank President Ajay Banga recently stated that one of his top priorities was to shift the institution’s incentives from inputs (i.e., loan approvals and disbursements) to outcomes (i.e., the actual impacts of lending on developing countries). This is an old challenge, highlighted by the Wapenh...

Ajay Banga has begun his mandate as the newly elected President of the World Bank. Several blogs and papers have been written offering advice on what his priorities should be. Most suggestions assume that the World Bank President's office is a very powerful lever that can significantly change the or...