Kenneth Rogoff delivers the Fifth Annual Richard H. Sabot Lecture on April 12, 2010.
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.