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Blog Post
November 09, 2023
The World Bank’s soft lending arm, IDA, will begin its 21st round of replenishment negotiations soon. One thing on the agenda will be the IDA Private Sector Window (PSW), which uses IDA resources to subsidize private sector investments primarily through the World Bank Group’s International Finance C...
Blog Post
November 07, 2023
For all of the well-advertised risks of overdependence on subsoil assets, they are an important source of government revenues and well-renumerated employment for a number of low- and middle-income countries. But a global economy moving towards low-carbon production is going to dramatically shift dem...
Blog Post
November 02, 2023
Geopolitical risks are rapidly converging, making the world more crisis-prone and precarious. Faced with a near economic collapse in some low and lower middle-income countries, the escalating devastation of climate-related disasters aggravating existing vulnerabilities, and a sharp rise in conflicts...
Blog Post
November 02, 2023
International finance is under considerable pressure: originally prioritized toward economic growth in poorer countries, it is now meant to deliver broad-based sustainable development including global public goods such as climate and pandemic response—to say nothing of refugee hosting costs. In a fu...
Blog Post
October 30, 2023
Our new paper forecasts global structural transformation over the next thirty years. It shouldn’t come as a great surprise that it suggests the planetary shift toward services employment and out of both agriculture and manufacturing will continue. But it does suggest something many find might novel ...
Blog Post
October 17, 2023
There’s not a lot of low-hanging fruit in global development. On the issues that matter most, from preventing the next pandemic to expanding migration opportunities, and financing climate adaptation, even minor progress tends to require big financial commitments and often faces deep political resist...