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Blog Post
October 25, 2021
As Afghanistan enters its harsh winter season, a massive humanitarian disaster appears increasingly likely. Facing food shortages, rising prices, and a breakdown in public services, millions of ordinary Afghans need immediate assistance as their country veers toward economic collapse.
Blog Post
September 09, 2021
Afghanistan’s history is blighted by the actions of foreigners. The near-neighbours have plenty on their consciences; others further afield do too, including the British a century ago, the Russians in the 1980s, and the US-led NATO coalition over the last 20 years. So who wants what now?
Blog Post
August 25, 2021
Among the multilateral development banks, the Asian Development Bank (ADB) stands out for its strong financial support for COVID-19 response relative to its overall lending volume. While ADB has proven to be responsive to government’s general financing needs during the crisis, has ADB’s performance ...
Blog Post
February 15, 2019
With Jim Kim’s abrupt departure from the World Bank, there has been a swirl of commentary on questions of legacy, the best of which aim to answer the question, “how is the bank doing?” For large multilateral institutions like the World Bank, that’s a frustratingly difficult q...
Blog Post
March 05, 2018
In a new CGD paper, we assess the likelihood of debt problems in the 68 countries we identify as potential BRI borrowers. The big takeaway: BRI is unlikely to cause a systemic debt problem, yet the initiative will likely run into instances of debt problems among select participating countries—...
Blog Post
January 31, 2018
As the World Bank makes a case to its shareholders for a capital increase this year, they are grappling with an uncomfortable truth: one of their biggest borrowers, China, happens to hold the world’s largest foreign exchange reserves, is one of the largest recipients of foreign direct investme...