Indicative projections of the evolution and peak of manufacturing in lower-income countries to 2050 suggest that cross-country income convergence will continue despite manufacturing peaking as a share of output.

By 2003, DFIF was one of the world’s most influential international development organizations thanks to a combination of effective political leadership, wider government backing, clear objectives supported by rigorously deployed resources, and large numbers of capable and motivated staff.

Public and policy discourse has been imprecise in its definition of what constitutes a global public good, with implications for our understanding of how MDBs contribute to them. Once this is corrected for, it becomes apparent that, except under restrictive conditions that are unlikely to hold in th...

If we could reinvent MDBs to respond to urgent development and climate needs and to benefit from 70 years of experience with the model, what would they look like? Countries should chart their own low-carbon climate resilient development and growth paths, with robust analytical support from MDBs that...

Looking back on the run up to the creation of DFID in 1997, those involved tend now to tell two somewhat conflicting stories: first that it was simply “in Labour’s DNA” to uplift development and give it a separate voice in government, and second that the creation of DFID was very much about the circ...

To meet many of today’s most pressing challenges, we need to find new solutions. But the fastest, cheapest, and most effective way to encourage high-impact innovation isn’t always obvious. Governments, philanthropists, and the private sector typically invest in research and development (R&D) by bett...