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Blog Post
May 16, 2024
Development cooperation has reached a crossroads. Humanitarian needs are rapidly increasing as violent conflicts erupt and continue, and geopolitical rivalry is contributing to a more fragmented development landscape. Difficult economic conditions in many of the poorest countries are paired with shr...
Blog Post
May 15, 2024
On Friday, May 10, 2024, the IMF Executive Board approved the recycling of special drawing rights (SDRs) to multilateral development banks (MDBs) for use as hybrid capital. It took a long time to get to this point, and the IMF should be congratulated for overcoming strong opposition, even from some ...
Blog Post
May 14, 2024
In an organization like the World Bank that has long favored men in their hiring process, most senior managers will be men because organizations prefer to promote from `within’ at the senior level. Suppose that, recognizing the need to diversify, the Bank starts hiring more women at entry-level posi...
Blog Post
May 14, 2024
Richer aging countries need educated young workers to provide the services and entrepreneurial talent to sustain their quality of life. A growing population of young, increasingly educated people in poorer countries, and especially in Africa, need good jobs and greater opportunities. More trade in s...
Blog Post
May 13, 2024
As Chair of the Board of the Center for Global Development, I am delighted to announce that Dr. Rachel Glennerster has been appointed as the next President of CGD. Rachel's appointment follows a thorough process, reflecting our unwavering dedication to impactful global development.
Blog Post
May 13, 2024
The headline statistic on global lead poisoning shocks the conscience: one in three children globally has elevated blood lead levels above 5 micrograms per deciliter. The health and welfare harms associated with this burden are staggering, estimated to cause upwards of 1.6 millions deaths annually a...