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In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Mauricio Cárdenas, Former Minister of Finance and Public Credit; former Minister of Mines and Energy of Colombia; Distinguished Visiting Fellow, Center for Global Development (CGD)
Suma Chakrabarti, President, European Bank of Reconstruction and Development
Nick Dyer, Director General, Economic Development and International, Department for International Development, United Kingdom
Luis Alberto Moreno, President, Inter-American Development Bank
Takehiko Nakao, President, Asian Development Bank
Clare Walsh, Deputy Secretary for Global Cooperation and Development, Department of Foreign Affairs and Trade, Australia
Masood Ahmed, President, CGD
Mark Plant, Chief Operating Officer of CGD Europe, Co-Director of Development Finance, and Senior Policy Fellow, CGD
ABOUT THE EVENT
As countries grow to middle-income status and gain access to commercial lending, the development community is increasingly at odds as to if and how multilateral development banks (MDBs) should continue to lend to middle-income countries (MICs). Part of the community is of the view that MDB lending and technical assistance should be directed to lower-income countries, whose access to finance is limited, technical capacity is most strained, and poverty is more deeply entrenched. Nonetheless, the development challenge remains in most middle-income countries, where the greatest number of poor people reside, and significant progress needs to be made to meet the 2030 Sustainable Development Goals. Also, MICs can often make a significant contribution to various global public goods, including climate change mitigation, limiting pandemic disease, and international migration. There is also an opportunity for so called “south-to-south” learning, intermediated by the MDBs.
This panel will discuss the issues confronting MDBs and their MIC clients in shaping their interaction for the next 10-20 years. It will be moderated by CGD’s President, Masood Ahmed.