International Financial Institutions

This post is joint with Arvind Subramanian The next World Bank president will need the legitimacy and wide support that only an open and merit-based selection process can ensure. This is now commonly agreed. The best way to ensure legitimacy is to have more than one serious candidate. The Oba...

This is a joint post with Rita Perakis. Has the aid industry introduced the reforms it agreed in 2005 to make aid more effective? No, according to the survey published last week by the OECD DAC. In this blog post we reflect on why this matters, and what it means for the forthcoming summit in...