Ideas to Action:

Independent research for global prosperity

Tag: World Bank

 

Publication

Scott Morris testified before the Senate Foreign Relations Subcommittee on Multilateral International Development, Multilateral Institutions, and International Economic, Energy, and Environmental Policy at a hearing titled “Multilateral Economic Institutions and US Foreign Policy” on November 27, 2018.

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Answering the World Bank’s $75 Billion Question

Next week in Zambia, donors to the World Bank’s financing window for low-income countries, the International Development Association (IDA), meet to discuss IDA’s future. This “mid-term review” is both a stocktaking session and a teeing up of the next round of fundraising for the world’s largest concessional lending fund. Formal negotiations will commence next year, but the meetings in Zambia set the scene for those negotiations.

A Syrian woman at a sewing machine

IDA Funding for Refugees and Hosts: 5 Ways to Improve and Why We Need More

On average, a refugee is displaced for 10 years, and after being displaced for five years, the average jumps to more than 20 years. The world could no longer ignore this reality in 2015, when more than one million asylum seekers and migrants arrived to Europe seeking refuge and opportunity. The phenomenon, however, was nothing new for the numerous refugee-hosting countries around the world. These countries, many of which are in the developing world, are all too familiar with the limits of traditional humanitarian approaches—short-term, siloed, and focused on life-saving needs.

Sarah Charles
Publication

For too long, the international community has accepted the convenient fiction that refugee crises are temporary.

Two stacked bar graphs, one with the total assets of the IDFC members (totaling 3.7 billion) and the other with the MDBs (totalling 1.5 billion).

Rising to the SDG Challenge: The Unique Contribution of the International Development Finance Club

The IDFC represents a unique mix of bilateral agencies, national development banks, and regional development banks. As such, it holds promise for bringing new and productive collaborations to the SDG agenda that extend well beyond the work of the major multilateral development institutions. In a new brief, our efforts to map the scale and scope of IDFC members’ development financing through a membership survey and public databases provide some interesting takeaways:

Publication

The Sustainable Development Goals face a key dilemma. Major multilateral institutions like the World Bank and the other core MDBs have played a leadership role in shaping the SDG financing framework. However, there is a significant misalignment between the structure of these institutions and the SDG financing needs.

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