Severino and Ray envision a new conceptual framework to manage the complexity of current international collaboration in development assistance.
In this short essay, senior fellow David Wheeler compares the world’s foreign assistance architecture to how the rest of the world operates in the digital age. He suggests that multilateral and bilateral transactions from one behemoth to another may be stuck in the past now that technology can and should create more person-to-person foreign aid programs.
Inside the World Bank's Black Box Allocation System: How Well Does IDA Allocate Resources to the Neediest and Most Vulnerable Countries? - Working Paper 216
As the International Development Association (IDA) pushes for more funding for the neediest and most vulnerable countries, visiting fellow Ben Leo examines whether IDA’s existing performance-based allocation system (PBA) gives the developing world its fair share of funds. He says the system already has several built-in biases toward the neediest, but some donors feel it is not enough.
After dramatically increasing their lending during the global financial crises, the international financial institutions are requesting an unusual General Capital Increase. Senior fellow Todd Moss and co-authors explain what this means—and why it’s important.
Against the backdrop of the fast approaching Millennium Development Goals deadline, World Bank shareholders have an opportunity to dramatically increase resources available for the poorest, most vulnerable countries. By better leveraging the IBRD’s balance sheet for creditworthy blend and hardened term countries, IDA could have provided up to an additional $7.5 billion for IDA-only countries during the IDA-15 period.
Leveraging World Bank Resources for the Poorest: IDA Blended Financing Facility Proposal - Working Paper 214
CGD research fellow Ben Leo estimates that the World Bank could provide an extra $7.5 billion to the poorest countries over the next three years by adjusting the balance sheets of IDA and IBRD, its main lending arms.