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Blog Post
October 04, 2022
The World Bank/IMF Annual Meetings begin next week—against a backdrop of mounting economic crises and uncertainty. How can we reduce global debt? Rethink the MDB/IMF system to address pressing issues like pandemics, climate change, and food security? Support poor countries where they need the most a...
Blog Post
September 14, 2022
In March, the World Bank estimated that a dozen developing countries could default on their debt over the next 12 months. The warning signs are everywhere. Investors have pulled $50 billion from emerging-market bond funds this year, and the debt of nearly one-third of these countries is trading at d...
Blog Post
September 06, 2022
Across Africa, every country has designed its energy mix to include a transition away from fossil fuels. How the different regions of the world contribute to a climate solution will become progressively more fraught given that culpability for the crisis is differentiated. Because African countries’ ...
Blog Post
August 08, 2022
Blinken’s Nigeria speech was a notable departure from his predecessor’s comments when it came to Africa, signaling that the Biden administration was distancing itself from Trump’s view of Africa. That speech, and the new strategy, recognized the continent’s indispensable role in the provision of glo...
Blog Post
July 20, 2022
Policy-based guarantees (PBGs) have long been a multilateral development bank (MDB) instrument in search of a purpose. PBGs—a credit enhancement for sovereign market borrowing—have been around for decades but their uptake has been limited. In most instances, they have proven remarkably effective in ...
Blog Post
July 05, 2022
DFC has been the subject of a growing list of proposals from lawmakers that envision the agency tackling a wider range of challenges than initially envisioned. The agency may find ways to leverage this heightened interest. However, delivering on the bipartisan, foundational vision for DFC amid evolv...