Ideas to action: independent research for global prosperity
Women's Underrepresentation in IFI Leadership
November 27, 2023
EU-Africa Strategy: State of Play
November 24, 2023
Our Wish List for the World Bank’s Evolution Roadmap
November 07, 2022
The assignment is clear. During this year’s Annual Meetings of the IMF and World Bank, shareholders instructed the World Bank to develop a work program for its own evolution (“to identify gaps in the Bank’s current institutional and operational framework…”) by the end of the year. Secretary Yellen l...
The ABCs of Sovereign Debt Relief
October 11, 2022
We are living in a time when many countries face heightened debt vulnerabilities. There is no international bankruptcy mechanism for countries that default on their external obligations. The objective of the international financial architecture—historically overseen by the IMF and its shareholders— ...
ABCs of the IFIs: The African Development Fund’s 16th Replenishment
August 01, 2022
Many African countries, particularly those in sub-Saharan Africa, continue to grapple with the consequences of the COVID-19 pandemic while simultaneously confronting the challenges posed by slowing global growth, private capital outflows, debt distress, and the impacts of climate change. An estimate...
MDB Policy-Based Guarantees: Has Their Time Come?
July 20, 2022
Multilateral development bank policy-based guarantees (PBGs) have long been an instrument in search of demand. First introduced in 1999 at the International Bank for Reconstruction and Development to help governments access market borrowing at attractive rates, their track-record has been uneven, an...
A Bank for the World: Better Terms and Conditions for Global Public Goods
June 09, 2022
As one of the only truly global institutions, the World Bank is uniquely positioned to be the world’s premier source funding for global public goods. But despite its global coverage, the World Bank has never truly been oriented towards global challenges. Its mission has been defined primarily by ind...
Replenishing Africa’s Development Fund: A Time for Ambition
May 19, 2022
The stakes are high for the African Development Fund (AfDF) as it kicks off its replenishment fundraising exercise this spring. Countries in sub-Saharan Africa (SSA) are still grappling with the health and economic fallout of the COVID-19 crisis, with over 30 million of their citizens pushed into po...
A Fund for Global Health Security and Pandemic Preparedness
May 11, 2022
As global health threats evolve, countries’ capacity to prepare for and respond to disease outbreaks is increasingly a global imperative. Now is the time to take concrete steps toward establishing sustained financing for pandemic PPR to help bring an end to the ongoing COVID-19 pandemic, combat futu...