Keith A. Bezanson and Paul Isenman focus on the challenges inherent in the governance of new global partnerships and show how to avoid or redress their shortcomings.
The Future of IDA Working Group shows how IDA could adapt to changing circumstances. By 2025, IDA-eligible countries will be half as large in number and one-third as large in population; they will also be almost exclusively African and much lower performing economically. The working group explores the options available to IDA, from small tweaks to the status quo to bold alternatives for the future.
This course introduces students to the relations among growth, inequality and globalization of economic markets, with a focus on implications for the developing world.
Nancy Birdsall discusses the future role of the World Bank in addressing global commons problems, using the example of climate management and financing to set out the principal-agent problem facing the global development and climate communities.
No Longer Poor: Ghana’s New Income Status and Implications of Graduation from IDA - Working Paper 300
Ghana’s rapid economic growth and the recent GDP rebasing exercise put Ghana suddenly above the income limit for IDA eligibility. This paper considers the implications of the country’s new middle-income status.
William Savedoff looks at the long history of global multipolarity and forecasts what recent geopolitical changes mean for the future of international cooperation.