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Blog Post
April 01, 2020
It is often said that governments “fight the last war” during times of economic crisis. But based on David Malpass’ remarks from last week’s G20 Finance Ministers call, it appears the World Bank is preparing to fight the wars of the 1990s by revamping old—and largely discredited—crisis policy prescr...
Blog Post
March 26, 2020
In retrospect, the scale up in MDB financing during the 2008-2010 crisis, though significant, now looks conservative as we consider the potential scale of damage from the current COVID-19 pandemic. To put the question bluntly, if the human and economic devastation follows a worst-case scenario, just...
Blog Post
February 13, 2020
Last week, the DFC board formally approved Andy Herscowitz (appointed by DFC CEO Adam Boehler with the support of USAID’s Mark Green) as the agency’s first Chief Development Officer (CDO). Herscowitz is a familiar face for the international development community, having served as the Power Africa Co...