Ideas to action: independent research for global prosperity
Does SDR Recycling Impair Reserve Management?
November 14, 2023
Improving School Management of Violence in Peru
November 22, 2023
Middle Class: Winners or Losers in a Globalized World?
August 02, 2017
Globalization is under attack in the West. The debate among pundits is no longer about whether globalization is to blame or not. It is about why globalization is now the bugaboo it has become. A common thread are changes, for the worse, in the economic and social standing of the Western middle class...
Middle-Class Heroes: The Best Guarantee of Good Governance
February 16, 2016
The two economic developments that have garnered the most attention in recent years are the concentration of massive wealth in the richest one percent of the world’s population and the tremendous, growth-driven decline in extreme poverty in the developing world, especially in China. But ju...
The ADB's Bold Move and What It Can Mean for the MDBs
May 04, 2015
Last year, the Asian Development Bank (ADB) management proposed a major financial restructuring that would increase the amount of bank capital available for investment. This proposal offers many benefits in and of itself. But it also creates an opening for additional and complementary changes in gov...
Does the Rise of the Middle Class Lock in Good Government in the Developing World?
April 28, 2015
The current size of the income-secure middle class and its likely future growth, suggest that optimism is indeed warranted for many of today’s middle-income countries. But it is not warranted for all of them, and especially not for most of the low-income countries of South Asia and sub-Sah...
Beyond Short-Term Thinking: How to Spend Billions Well in Pakistan, for Them and for Us
September 01, 2010
This essay draws on the work of the Center for Global Development's Study Group on U.S. Development Strategy in Pakistan and on the ideas in the group's open letters to Ambassador Richard Holbrooke to present five recommendations for spending aid money well in Pakistan.
From World Bank to World Development Cooperative
October 15, 2007
In this CGD Essay, Birdsall and Subramianian argue that the World Bank faces twin crises of relevance and legitimacy in a rapidly changing world. The solution, they argue, is for the bank to become a more active catalyst for generating global public goods and knowledge and a more reluctant lender to...