Tag: World Bank

 

The World Bank Report on Fragile States: 5 Takeaways

Blog Post

*This post is co-authored by Kaysie Brown
The World Bank's Operations Evaluation Division has just released a lengthy report documenting a rise in the world's "fragile states" and drawing a direct connection between state weakness and transnational threats. As Karen DeYoung reports in today's Washington Post,
“Fragile" countries, whose deepening poverty puts them at risk from terrorism, armed conflict and epidemic disease, have jumped to 26 from 17 since the report was last issued in 2000.
Increased attention to development and stability in fragile states by both the World Bank and the U.S. Government signals the importance of and challenges associated with providing assistance in these critical yet vulnerable states. CGD recently launched the Engaging Fragile States initiative to focus on key unanswered questions for the development community working in these tough environments. A quick read of the Bank report raises a number of issues that our work is focusing on:

Oil Nationalization? Why Chad is No Bolivia

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Idriss Deby, President of ChadChad has expelled oil giants Chevron and Petronas from the country for allegedly failing to pay taxes. The press seems to be suggesting that the move is either another Bolivia-style nationalization or simply the government moving the American and Malaysian companies out of the way for another investor:

CPIA Revealed: World Bank sheds more light on its country ratings

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In a barely-noticed step, the World Bank has recently revealed a lot about what it thinks. While most donors are rushing to concentrate their aid in ‘good performers’, the World Bank has been using ‘performance based allocation’ in one form or another since the late 1970s. Every year, it systematically rates low income countries, giving each one a score on the Country Policy and Institutional Assessment (CPIA).

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