With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
CGD maintains an active program of research and analysis of the World Bank, the world’s largest development institution and a leading source of funds, ideas, and expertise for development. The Center’s work in this area offers new ideas and practical suggestions for making the World Bank more effective, accountable, and legitimate in a rapidly changing global economy. Recent work includes the High Level Panel on Future of Multilateral Development Banking: Exploring a New Policy Agenda, building on past work on the future of the World Bank. That work focused on priorities for incoming World Bank presidents, improvements to the leadership selection process, and work on the future of IDA, the Bank’s concessional lending arm.
CGD and the Carnegie Endowment for International Peace co-hosted a luncheon symposium for Ngaire Woods, University College, Oxford University. Other speakers included Dennis de Tray, Vice President, Center for Global Development, Sebastian Mallaby, Columnist, The Washington Post, and Jessica Mathews, President, Carnegie Endowment.
Three years ago the World Bank said that freeing international trade of all barriers and subsidies would lift 320 million people above the $2 a day poverty line by 2015. But new World Bank projections emphasizing $1 a day poverty and based on new data and methods put the number at just 32 million people. CGD/IIE Senior Fellow William R. Cline, author of Trade Policy and Global Poverty, has been examining the Bank's new calculations and argues that the first estimate was closer to the truth.
How should the world's largest and most influential development institution address the challenges of the 21st Century? Ten distinguished speakers gathered on the eve of the World Bank/IMF 2005 Annual Meetings to offer fresh ideas. World Bank President Paul Wolfowitz and CGD President Nancy Birdsall before the start of the symposium. Access the proceedings
CGD hosted a panel discussion among African ministers of finance, members of the policy and advocacy communities, and senior IMF and World Bank officials on barriers to the disbursement of funds for the HIV/AIDS epidemic in Africa, offering timely insight into a fiercely controversial set of issues.