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Blog Post
March 06, 2023
The Sustainable Development Goals commit the world to ending extreme poverty by 2030. More cautiously, the World Bank’s twin goals suggest it can help reduce extreme poverty to 3 percent by 2030. Neither goal can be accomplished unless the extreme poverty line is (finally) fixed rather than constant...
Blog Post
March 06, 2023
Forecasts of the future shape of the global economy, if they are at least somewhat accurate, can help planning and policy discussions in areas from global governance through business expansion plans. At the same time, this relies on forecasts in fact being somewhat accurate, and it’s a cliché that p...
Blog Post
February 13, 2023
The World Bank Group Evolution Roadmap makes three financing asks of donors and shareholders: capital for IBRD, continued support for IDA, and grants to support climate projects. I think donors and shareholders should support a capital increase and strengthen commitments to IDA. But they should not ...
Blog Post
January 26, 2023
The World Bank management’s Evolution Roadmap suggests the institution is reconsidering its ‘twin goals’ mission statement of eradicating extreme poverty (ending $2.15 poverty by 2030) and boosting shared prosperity (raising the incomes of the bottom 40 percent in each country). It is reassuring tha...