Finance

Under the rubric of “buttressing sustainability,” the Turkish presidency has placed development at the center of its G-20 agenda, with a special focus on climate change finance. As G-20 leaders assemble this weekend, with the UN climate summit in Paris just two weeks later, the conversat...

The elephants in the room at the annual International Monetary Fund/World Bank meeting in Lima, Peru, were the China-inspired Asian Infrastructure Investment Bank (AIIB) and New Development Bank (or “BRICS Development Bank,” as it was originally called). The real...

After Nancy Birdsall wrote from Lima last week that she’d been (happily) surprised to see microeconomic issues atop the agenda at the normally macro-heavy World Bank/IMF meetings, I now offer an alternative perspective from the meetings in the Peruvian capital: financial in...

“Macro” issues naturally dominate the talk in these seminars and in the corridors. But not this time. I was surprised to find "micro” development issues suffused the agenda.