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Blog Post
August 09, 2016
A multi-year project just came to fruition with the endorsement by the Board of the World Bank of its new set of safeguards—the social and environmental standards that govern Bank-funded projects in client countries. CGD's expert on multilateral development banks, senior fellow S...
Blog Post
August 04, 2016
Depending on who you listen to, the World Bank has either just launched an unprecedented reach into the domestic political affairs of sovereign nations, or it has gutted the rules that have helped define its essential character as a global norm-setter. Both can’t be right, and most likely, nei...
Blog Post
July 21, 2016
Yesterday at the White House Summit on Global Development, as President Obama outlined the programmatic successes of his administration’s global development policy (all genuine and worthy of acclaim), he didn’t even bother to mention the response to the global financial crisis ...
Blog Post
July 12, 2016
White House summits, which in recent years have addressed everything from African American LGBTQ Youth to Working Families, serve two main purposes: to make progress on a set of policy issues and to signal that the issues are a priority for the president. In this way, it’s encouraging to see t...
Blog Post
June 07, 2016
When the Chinese government launched a new multilateral development bank (MDB) with “infrastructure” in the name—the Asian Infrastructure Investment Bank (AIIB)—it hardly seemed far-fetched to assume a strong Chinese preference for infrastructure-related MDB financing. E...
Blog Post
May 16, 2016
The evidence is compelling that countries benefit from immigration, particularly if immigrants are already well-educated, working-age adults, as is the case with most of the Syrians fleeing war at home. Still, there are real economic, security, and political costs of hosting refugees when, as w...
Blog Post
March 11, 2016
Yesterday, USAID Administrator Gayle Smith delivered her first major policy speech in a cavernous Capitol Hill auditorium that was filled to capacity. Introducing USAID’s new head, Senator David Perdue expressed hope that Smith would have more time in the job than she thought she would. That&r...