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Blog Post
November 05, 2024
Negotiations on a new climate finance goal are stuck. There has been little progress on the two biggest issues: how big should the goal be, and who should pay. This matters. COP29—the last before countries commit to new targets for cutting greenhouse gas emissions in updated Nationally Determined Co...
Blog Post
November 05, 2024
The global health landscape is more fragmented than ever. A growing number of organizations and initiatives has created an overly complex system for health financing that is overburdening countries. Further, the system is proving increasingly unsustainable amidst constrained budgets that are unable ...
Blog Post
November 04, 2024
Europe finds itself at both a geopolitical and fiscal crossroads. It must meet the demands of the new world order, address unfolding conflict and humanitarian crises across the globe, tackle the climate crisis and invest in its partner countries. But its finances are inadequate to deal with the mult...
Blog Post
November 01, 2024
I’ve been reading Amartya Sen’s The Idea of Justice recently (and slowly). It’s my wife’s copy, signed by the great man himself. In it, he continually returns to the argument that in choosing arrangements that affect justice and fairness in the world we must take consideration of the views of those ...
SPEECHES
November 01, 2024
There is a strong case for investing in education. It is a key driver of economic growth and fosters productivity gains, as seen by recent experiences in several Asian countries. While the benefits of education are well recognized, realizing these outcomes depends on the availability of fiscal space...
Blog Post
October 31, 2024
The World Health Organization (WHO) has long recommended mass deworming of children in endemic areas on the grounds that it improves health and nutrient uptake. Mass deworming is recommended at least once per year if, based on population survey, over 20 percent of pre-school and school-age children ...
Blog Post
October 30, 2024
The 80th anniversary of Bretton Woods has brought forth many proposals on how the IMF should change to respond to emerging economic and financial challenges and to a very different geopolitical context. A common theme across these proposals is that the IMF can only remain relevant, effective, and le...
Blog Post
October 29, 2024
After taking office amid COVID-19 and increasingly urgent alarms about the threat of climate change, Treasury Secretary Janet Yellen started making the case for MDB reform underscoring that these institutions, while vital, were no longer fit for purpose. Her priority was to support the evolution of...