Tag: IDA

 

What’s in a World Bank Income Classification?

Blog Post

Every July 1, the World Bank releases updated income classifications for the new fiscal year, often resulting in headlines about various countries’ graduations to “middle income” status. But despite the global attention to these classifications and graduations, there is still widespread confusion about their meaning and significance. Let’s explore three myths that could be leading you astray.

Publications

This paper examines courses of action that could help the bank could adapt to shifting development priorities. It investigates how country eligibility standards might evolve and how the bank might start to break away from its traditional “loans to countries” model.

One Way Not to Leave Global Fund Money on the Table

Blog Post

President Obama earlier this week made a last minute appeal to donors to the Global Fund to Fight AIDS, Tuberculosis and Malaria. Offering a US pledge of $1 for every $2 pledged by other donors for a total US pledge of up to $5 billion, the president said, “don’t leave our money on the table.” Well, the initial commitments are in, and it appears that there will in fact be US money left on the table. Donors to the Global Fund announced total pledges of $12 billion, suggesting a US commitment of about $4 billion.

Multilateralism-lite Might Miss the Big Picture

Blog Post

This is a joint post with Jenny Ottenhoff.

My colleague Scott Morris pointed out in a recent blog that the Global Fund to Fight AIDS, TB and Malaria will likely surpass the World Bank’s International Development Association (IDA) as the single largest foreign assistance contribution the United States makes to a multilateral institution.  He described this move as “multilateralism-lite” – or a reliance on earmarking through multilateral channels by sector or country – and suggests this isn’t an optimal approach to poverty reduction and development.

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